[HN Gopher] Anger as BP profits triple to $8.5bn amid soaring ho...
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       Anger as BP profits triple to $8.5bn amid soaring household energy
       bills
        
       Author : lastdong
       Score  : 21 points
       Date   : 2022-08-02 20:56 UTC (2 hours ago)
        
 (HTM) web link (www.independent.co.uk)
 (TXT) w3m dump (www.independent.co.uk)
        
       | bob29 wrote:
       | This is just a sign that BP is doing a good and efficient job at
       | delivering energy to customers effectively.
        
         | Ekaros wrote:
         | Or that there isn't enough competition in the market.
        
           | djbebs wrote:
           | Tends to happen when you take political action intended to
           | destroy an industry
        
       | lastdong wrote:
       | Didn't realise the linked article was behind a paywall, here's
       | the same article on Yahoo Finance
       | https://uk.finance.yahoo.com/news/bp-profits-triple-8-5bn-06...
        
       | anm89 wrote:
       | Anger as company makes money selling stuff to people that they
       | desperately want and which allows us to maintain our historical
       | outlier standard of living.
       | 
       | I wish that everyone could get what they want. The people who
       | hate capitalism could transport themselves to an alternate
       | reality where they make the rules and live in the hell of their
       | own creation.
        
         | Jochim wrote:
         | Capitalism is just a tool. When local government and charities
         | are setting up emergency heated spaces[0] because people can't
         | afford to heat their homes at time when profits have tripled
         | for some energy companies then that tool needs adjusting.
         | 
         | [0] https://www.telegraph.co.uk/money/consumer-
         | affairs/councils-...
        
           | djbebs wrote:
           | That adjustments cause massive negative impacts is just an
           | unfortunate side effect, right?
        
           | mwint wrote:
           | Because people in communist countries never get cold?
        
         | Beltalowda wrote:
         | > people who hate capitalism
         | 
         | Capitalism is always tempered in various ways; I don't know if
         | a single case where it's not. "Pure" capitalism would be a
         | dystopian hellhole, and no serious capitalism thinker ever
         | proposed it.
         | 
         | So the question is how and where we should temper capitalism,
         | and more generally how we should implement capitalism. This is
         | not "hating capitalism". That's just red-baiting.
        
       | jakobdabo wrote:
       | Meta: I really don't like when media suggests how the reader
       | should feel about an article by prefixing the title with "Anger
       | as" or something like that. That's just a propaganda tool.
        
         | blibble wrote:
         | remember: the independent is a tabloid owned by a Russian
         | oligarch
        
           | thecoppinger wrote:
           | > The newspaper was controlled by Tony O'Reilly's Irish
           | Independent News & Media from 1997 until it was sold to the
           | Russian oligarch and former KGB Officer Alexander Lebedev in
           | 2010.
           | 
           | I had no idea.
           | 
           | https://en.m.wikipedia.org/wiki/The_Independent
        
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       (page generated 2022-08-02 23:02 UTC)