Most agree we must move from fossil fuels to renewable sources, but without proper planning Britain risks having to import more oil and gas Source - Daily Telegraph - 08/12/21 Link There is a geeky debate raging in the world of commodities trading about how the Brent benchmark price for crude oil is calculated. I won’t go into the full details here, partly because I don’t really understand them and partly because I suspect they might be quite boring. But suffice to say that various interested parties are suggesting that oil extracted in different parts of the world should be added into the mix when setting the benchmark for that which is produced in the Atlantic basin. This week BP waded into proceedings by arguing the best alternative was supplies of West Texas Intermediate crude. The discussions are somewhat contentious because oil contains different amounts of impurities like sulphur, which affect how easy it is to turn into fuel, depending on where in the world it has been ext...