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

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Comments

  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    After building it and having living in it for a while, with the benefit of hindsight, would you have done anything differently?

    We were pretty comprehensive and detailed in out planning.

    There was only a couple of very minor things we changed during the build (extended a blank wall to make the upper landing safer)

    The only thing we are changing is two pendants to become two spotlights in line with other parts of the house.

    We are also considering adding to the Solar Thermal panels but retrofitting Photovotaic panels. It's not a regret, as we were working to a budget at the time, but in hindsight, it would have been great to be captured all at once.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    setmefree2 wrote: »
    Do you want to be cold?

    Energy security and shale development have not become issues in the current General Election campaign, mostly because of milder temperatures this winter. Last fall, with Russia jawboning to reduce gas flowing through the Ukraine, a cold winter could have led to shortages, and energy independence would certainly have propelled up the political agenda. "The UK is at the end of a very long pipeline and only has two weeks of storage capacity if anything goes wrong," Faulkner says.

    http://www.youroilandgasnews.com/breitling+energy+corporation%3A+why+current+energy+prices+will+not+impact+uk+shale+potential_114848.html

    I've become slightly knowledgeable about the matter. Coal seam gas? No way! Fracking? Sure.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    Generali wrote: »
    I'm no engineer but I would imagine that getting oil out....

    Horsham is the new Aberdeen!

    I am an engineer and would advise that you have not factored in the political costs for the onshore developments. As an example, most IOC's in Nigeria are selling their onshore licences and ramping up development of their deep offshore fields. The reason being the costs and difficulties in dealing with local communities. I can see some possible parallels.....
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Jonbvn wrote: »
    I am an engineer and would advise that you have not factored in the political costs for the onshore developments. As an example, most IOC's in Nigeria are selling their onshore licences and ramping up development of their deep offshore fields. The reason being the costs and difficulties in dealing with local communities. I can see some possible parallels.....

    Dealing with angry middle aged people in Barbours who suddenly feel very strongly about slightly threatened newt species are a force to be reckoned with.
  • pogofish
    pogofish Posts: 10,853 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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.:)

    Nah - they should regard it as a learning experience and be glad to pay for all that was learned from the North Sea.
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    Certainly not just 'middle aged' – a lot of young people (not wearing Barbours) also care about the environment, believe it or not.
    Generali wrote: »
    Dealing with angry middle aged people in Barbours who suddenly feel very strongly about slightly threatened newt species are a force to be reckoned with.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Sapphire wrote: »
    Certainly not just 'middle aged' – a lot of young people (not wearing Barbours) also care about the environment, believe it or not.

    Lots of people including me care about the environment.

    Lots of middle aged people in that part of the world care that people don't dig up oil near them but care passionately about filling the Beemer SUV.
  • purch
    purch Posts: 9,865 Forumite
    Jonbvn wrote: »
    I am an engineer and would advise that you have not factored in the political costs for the onshore developments.

    I'm not an engineer but I agree with you
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • purch
    purch Posts: 9,865 Forumite
    Generali wrote: »
    I've become slightly knowledgeable about the matter.

    That makes you a Forum expert.

    I think the skill of finding stuff on the Internet is hugely underrated. ;)
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • cells
    cells Posts: 5,246 Forumite
    setmefree2 wrote: »
    Do you want to be cold?

    Energy security and shale development have not become issues in the current General Election campaign, mostly because of milder temperatures this winter. Last fall, with Russia jawboning to reduce gas flowing through the Ukraine, a cold winter could have led to shortages, and energy independence would certainly have propelled up the political agenda. "The UK is at the end of a very long pipeline and only has two weeks of storage capacity if anything goes wrong," Faulkner says.

    http://www.youroilandgasnews.com/breitling+energy+corporation%3A+why+current+energy+prices+will+not+impact+uk+shale+potential_114848.html


    UK has compared to most EU nations a big infrastructure to import LNG which is very real very secure form of storage and from the end if this year the LNG market is going to explode with supply as the Americans and the Australians start becoming LNG exporters
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