Gas supplies:

‘Free market’ threatens cold weather crisis

ON THE brink of a cold winter, Britain faces a real threat of gas
shortages. The Independent had a "worst case-scenario" where many homes
went without heat in the coldest spells, with fatalities reaching tens
of thousands, the old, poor and unwell being at most risk.

Mark Gawthorpe

The bosses’ organisation, the CBI, also raised the prospect of a
three-day week in industry with potentially severe effects on the
economy.

The immediate cause of the crisis is lack of gas reserves. Britain
has 11 days worth of reserves – the average elsewhere in Europe is 55
days. The fears are that even these depleted stocks could evaporate
within a week of continuous sub-zero temperatures.

As current North Sea gas fields run low, there has been a serious
lack of investment in new pipelines and storage facilities, and in
alternative forms of sustainable energy. This problem has been made
worse by rising fuel prices, with imports from Europe being scarce and
very expensive to procure.

In Parliament, Blair accused the Tories of wanting "a return to a
planned economy" after Michael Howard lambasted him for letting the
winter crisis situation develop. Of course, the Tories themselves
privatised the gas industry in 1986.

Since privatisation and deregulation, Britain has moved from being a
net exporter of natural gas to a net importer. This process turned the
industry from being one of Europe’s cheapest, with plentiful gas
reserves for potential situations like the one we face, into a ‘for
profit only’ shambles, with the ability only to make money.

The system falls to pieces when faced with a situation where planning
and organisation are needed to do the job. Yet Labour not only refused
to renationalise the energy industry, but also enthusiastically promoted
the "free market" as providing all the solutions. Blair claims that the
energy crisis "does not lie within the remit of the government to
resolve", shocking even Tories with his faith in ‘neo-liberalism.’

What then is needed to keep Britain’s pensioners and poor warm during
cold spells? What is needed to stop people dying in their homes in one
of the world’s richest countries?

Immediately, we need to renationalise gas and electricity. Beyond
that the answer is indeed a planned economy, a socialist society; a
system where the working class takes the resources that we have at our
disposal out of the hands of a tiny clique of fat cats, and nationalises
and democratically runs and controls them for the needs of working-class
people.

We don’t want a society where the massive profits made every day just
line the pockets of the rich. We want a society that invests into new
methods of gas extraction and new environmentally safer forms of energy
supply; building up a healthy, cheaply available reserve of energy, for
emergency situations like the one we face.