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About the price of oil in the White Paper........


Clarkston5

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Never mind the money. Get H_B telt, he appears to think that the education sector provides some sort of guarantee of a job.

Not the education sector - but teachers. Once a teacher has a role, it's a role for life.

It's virtually impossible to remove a teacher, even if their performance is abysmal.

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That can't be true. Wasn't the oil industry supposed to be safe if we voted to stay in the union?.

I thought it was going to boom after the oil fields kept secret during the referendum were going to be announced :lol:. Remember when any mention of problems in the oil fields was treated as scaremongering, project fear stuff :shutup .

So this 'extra' of having oil; how much in the black was it going to put an iScotland at the conservative price :unsure: in the White Paper? Anyone?

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I thought it was going to boom after the oil fields kept secret during the referendum were going to be announced :lol:. Remember when any mention of problems in the oil fields was treated as scaremongering, project fear stuff :shutup .

So this 'extra' of having oil; how much in the black was it going to put an iScotland at the conservative price :unsure: in the White Paper? Anyone?

Why would anybody bring new fields online when prices are so low (thus increasing supply and surpressing prices even further) when they can sit on them and begin extraction when the price has recovered?

The wise thing to do right now would be to use some of the hundreds of billions that NS oil has contributed to the UK economy over the years to incentivise exploration activity so that when the price does recover the industry is well placed to capitalise on it.

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So this 'extra' of having oil; how much in the black was it going to put an iScotland at the conservative price :unsure: in the White Paper? Anyone?

Such figures have proved a major bone of contention. The Office for Budget Responsibility (OBR) has predicted recoverable reserves of 10bn boe and North Sea tax revenues of £61.6bn between now and 2040.

The Office for National Statistics put the worth of untapped reserves to the UK Treasury at closer to £120bn.

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Fracking/shale oil is only viable if oils over 60 usd,ive noticed thats never been mentioned

Came across a thread last night on a motorbike website...someone's brother-in-law is a senior accountant working for Mobil in Paris...He said that the Saudi's are pushing the price low to make Fracking financially unviable. Click into KTM Forum, then go to General Discussion...it is interesting reading, there seems to be an anti Scottishness creeping in from south of the border. Feel free to start another thread after reading this...

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