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Europe |
Energy giant Shell posts 'momentous' £12BILLION profits as millions face soaring bills and cost-of-living crisis - sparking calls for windfall tax on power companies |
2022-02-04 |
Posted by:Skidmark |
#4 Pie chart says 5% is profit margin. Rest is expenses, VAT, Green Taxes, and a wholesale costs from 35% to 49% of the bill, +%14, VAT 5%, Green 10%, which makes the Covid procedures plus gov add-ons about 29% of the bill. Government investigates crises; Government finds there needs to be more government. |
Posted by: swksvolFF 2022-02-04 15:18 |
#3 If you didn't invest in oil in the spring of 2020 you seriously missed out. |
Posted by: Vespasian Ebboting9735 2022-02-04 07:31 |
#2 Price controls must come first. Congress must establish a 'sell date' for effective profit taking. |
Posted by: Besoeker 2022-02-04 04:26 |
#1 That '70s feeling... Can stagflation be far behind? |
Posted by: Merrick Ferret 2022-02-04 04:14 |