Most significant on-shore oil find in the UK for 30 years

Generali

antrobus wrote: »

Fair enough. But no doubt the English will take the annual subsidy that Scotland receives into account when performing that calculation.

You'd have to do the math of course, but I'm not that convinced that the result would be in Scotland's favour.:)

Plus the £300,000 of debt that Scotland brought into the UK which is about a trillion quid now with the most conservative compound interest added on.

antrobus

Generali wrote: »

.....I'm no engineer but I would imagine that getting oil out of Surrey: is a whole magnitude of easy greater than getting oil out of the North Sea:....

I imagine that it would be physically easier to get oil out of Surrey - it's not under 4000ft of water for a start - but a darned sight harder in political terms - due to the presence of lots of voters concerned about the price of their house.

IveSeenTheLight wrote: »

Are you now proposing were not better together?

Keep the oil find, break up the union now if you want.

You can just hire our expertise

I think you might find that the expertise in extracting oil is in the possession of the likes of BP, Chevron, Shell, BG etc. None of these are Scottish.:)

Thrugelmir

Generali wrote: »

Does this mean Gatwick is now technically in Scotland? :eek:

The Councils of Sussex, Surrey and Hampshire are calling for an Independence vote. The Isle of Wight is going to become home to all the Tax Doms that Labour wishes to kick out of the UK. :eek:

antrobus

Generali wrote: »

Plus the £300,000 of debt that Scotland brought into the UK which is about a trillion quid now with the most conservative compound interest added on.

If you're talking about what is known as 'The Equivalent', the I believe the sum involved was £398,000.

Marktheshark

Generali wrote: »

I think you are a very bitter person.

The price of oil in the UK is almost entirely made up of tax. For example:

http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/10668970/British-fuel-tax-highest-in-Europe.html

If you could let go of the hatred you might be happier.

Make no mistake I would swap Bitterness for ignorance any day.
It must be so beautiful to blindly think "thats nice" to everything in life.

In reality the wisdom shouts out, Pigs, noses, troughs and nothing for us again.

Thrugelmir

IveSeenTheLight wrote: »

Are you now proposing were not better together?

Keep the oil find, break up the union now if you want.

You can just hire our expertise

As an oil worker where would you prefer to live?

IveSeenTheLight

Thrugelmir wrote: »

As an oil worker where would you prefer to live?

Oil workers working in the North Sea, live throughout the UK and sometimes from abroad.

I personally have worked in a number of countries.

Don't see the relevance.

On a personal level, I'm pretty pleased with the new home I built and moved into in Aberdeenshire. It hasn't hampered my ability to support global fields.

IveSeenTheLight

antrobus wrote: »

I think you might find that the expertise in extracting oil is in the possession of the likes of BP, Chevron, Shell, BG etc. None of these are Scottish.:)

I think you might be making an assumption that I don't work for an operator.

We support globally, why do you think we could not support a field in Sussex?

Generali

:

IveSeenTheLight wrote: »

Hmmm, your pretty good with maths.

£300,000 is a much smaller percentage of £1Trillion than the Scotland Percentage of the UK.

So, where has the debt been accumulated?

It's not about accumulated debt. For fun I went to the BoE website to see what base rates have been since Scotland joined the union. I applied base rates to the debt Scotland brought along, compounded of course because that's what interest does. The end result, a couple of years back now I confess, was a trillion quid which at the time was remarkably close to the then UK debt.

antrobus

IveSeenTheLight wrote: »

I think you might be making an assumption that I don't work for an operator.

We support globally, why do you think we could not support a field in Sussex?

I am making no assumptions at all. I was simply pointing out that the expertise in extracting oil from the ground is not exclusively in the possession of those persons who have defined themselves as being Scottish.