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originally posted by: ScepticScot
a reply to: midicon
Totally agree about currency union. Is a bad idea other than as a short term transition measure. Salmond hasn't blown the indy campaign as it is not his to blow.
Think it will be very very close.
originally posted by: Soloprotocol
Various experts have estimated that there is around the same amount of Oil left in the North sea as what has already been taken out, around £1.5 Trillion....
Recent estimates suggest that activity in the North Sea fields will last for decades with 24 billion barrels of oil equivalent, valued at £1.5 trillion. / This £1.5 trillion figure has been around for a while and comprehensively attacked by many critics including the Treasury in Westminster.
The nationalists appear to get to that number by multiplying the most optimistic assessment of how many barrels of oil and gas are left in the North Sea – by the price of $100 per barrel. You then convert that into pounds and hope the exchange rate holds up.
In a report last year, the industry group Oil and Gas UK estimated that there are still 15 to 24 billion barrels of oil and gas in the North Sea. Sir Ian Wood’s review of the North Sea industry today takes 12 billion barrels as the likely low extreme and, again, 24 billion barrels as the high.
etc...
originally posted by: Soloprotocol
If the figures in your source are correct that it would cost £1 trillion to extract the oil and gas we might as well just give up and cease drilling now...but wait, the UK government just issued 333 licences this past year to private companies to drill in the north sea...the most licences ever to be issued in one year...
Please explain why would they do that if these companies have been told that the fields have all but run dry and the cost of extraction would be too much.
Trust me on this, we will still be extraction oil and gas for the next 40 years...how do i know this, I know this because Westminster and their payed lackey's say we wont. They lied to us before countless times and have been caught out. i dont see anything different here.
originally posted by: elixz
Why live the UK? For gods sake the British Colonial Empire was one of the most successful, if not the most successful Empires in History. Leaving the UK is making Brownies without the chocolate, trust me it doesn't work!