http://www.bbc.com/news/uk-scotland-scotland-politics-26326117
Posted on 09/12/2014 12:24:40 PM PDT by Lorianne
Scotland’s oil and gas sector is facing a bright future as half of oil reserves remain to be exploited, the Scottish Government's Minister for Energy, Enterprise and Tourism Fergus Ewing said Wednesday, commenting on a new study.
Earlier, world leading oil expert Professor Alex Kemp, by using detailed financial modelling, predicted significant discoveries in Scottish oil sector made over the next 30 years.
“His new predictions – based on that modelling – show a bright future for Scotland’s oil and gas sector for decades to come – with 99 new economic discoveries over the next three decades,” Ewing told RIA Novosti.
The minister said the new findings, contained in a new paper entitled, “Illuminating the Future Potential from the North Sea”, showed that half of the remaining wealth from Scotland’s oil remains to be exploited.
“In value terms half the wealth from Scotland’s oil remains and by grabbing the independence opportunity later this month we can put an end to poor UK stewardship of this vital resource,” Ewing said.
“Scotland deserves better and only a Yes vote on September 18 will deliver the powers needed to get the maximum benefit from Scotland’s natural resources,” Ewing added.
A referendum on whether Scotland should be an independent country will take place on September 18. Scots will be asked one question: “Should Scotland be an independent country?”
An opinion poll published Tuesday by TNS BMRB revealed that Scottish independence supporters and opponents were evenly split. A survey released over the weekend by market-research company YouGov gave the pro-independence campaign a slight edge of two percentage points.
The North Atlantic oil fields have been in decline for the last 10 years...
The REAL issue here, perhaps? The oil?
Computer modeling is NOT science. GIGO...............
What is the cost of recovering that oil?
I bet over $65/barrel.
The cheapest to get stuff is gone.
An Independent Scotland might not make up the subsidies they get from England with oil.
Venezuela has much more oil per capita and cheaper to exploit.
But when you have Leftist in charge like Alex Salmond and his SNP it always goes to feces.
Sounds like desperation time for the Scottish Marxists.
If I was trying to get out from under the thumb of Britain, I would claim it was almost dried up.
If I was trying to stay part of the UK, I would claim there are gobs more oil there just waiting to be poked with a straw.
That is the base of Salmond’s plan
“Hey Scots - when we are independent, our small nation can have EVEN MORE welfare and Government jobs! Sure, we can’t use the Euro and won’t be able to issue debt in Pounds, but he - we’ll have OIL, or something.”
I bet so too. But maybe they can sell it as the Beluga caviar of oil to very rich people to make up the cost of recovery! They better start hiring a PR person.
Alexander L. Kielland was a Norwegian semi-submersible drilling rig that capsized whilst working in the Ekofisk oil field in March 1980 killing 123 people.
The capsize was the worst disaster in Norwegian waters since World War II.
http://en.m.wikipedia.org/wiki/Alexander_L._Kielland_(platform)
1/4 inch weld on an insignificant piece, fatigue crack spread until a main brace failed. Non-redundant structural design,
123 dead, 1/4 inch weld
That would only make sense if England were prepared to invade to keep Scotland from leaving. Since a referendum in Scotland is how they're doing it, it makes sense to suggest that Scots can live like Norwegians if only they separate from the UK. And it is theoretically possible given that Scotland's population is 1/10 of England's. Norway isn't a big oil producer, but it doesn't have all many people over whom to divvy up the profits from oil extraction. Scotland produces half the oil and has roughly the same population. Between the fact that Scotland has more industry than Norway and the oil money (1/2 of Norway's) being divvied up across roughly the same number of people, I'd say Scotland will automatically see its per capita income shoot up.
Give all of your land and resources to the British Empire, and bow. Otherwise, you’re a Marxist. [Never mind that the U.K. is already ruled by the financial Marxists/Plutocrats behind the politicians.]
I wonder how much of this announcement is tailored for one side of the referendum.
I suspect Scotland’s reason for independence is related to the rest of the union’s rapid downward spiral into hard core Marxism, social disintegration caused by Progressives and subjugation to the Muslim invaders.
As Scotland weighs independence, do women hold the key?
http://www.csmonitor.com/World/Europe/2014/0913/As-Scotland-weighs-independence-do-women-hold-the-key
“Asians” and “yoots”:
Immigrant Vote Crucial To Scotland Independence
http://www.huffingtonpost.com/2014/09/13/immigrant-vote-scotland-independence_n_5815108.html
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