Indy 2

[mi16]

Had we got independence in 2014 then we would have taken control of the oil. We would be receiving all the revenue of the oil at the current price. I've no pHD in maths but I do not need a calculator to work out that that is much more favourable than receiving a twelfth of the revenue at twice the price.

we would have built a budget based on the higher price, the backside would have fallen out of oil, we would have tens of thousands no longer contributing to the system and now draining it. Then there are the businesses that were to leave as well.
all in all we would have been right up a certain creek

[Rheghead]

we would have built a budget based on the higher price, the backside would have fallen out of oil, we would have tens of thousands no longer contributing to the system and now draining it. Then there are the businesses that were to leave as well.
all in all we would have been right up a certain creek

Where have you been? No we wouldn't have. The policy would have been to have an oil fund to build up over time to take out the worst effects the highs and lows from the oil price. I'm surprised you didn't know this as it was explained that many times unless you chose not to listen. Virtually every other country does this except I believe the UK and Iraq.

[mi16]

Where have you been? No we wouldn't have. The policy would have been to have an oil fund to build up over time to take out the worst effects the highs and lows from the oil price. I'm surprised you didn't know this as it was explained that many times unless you chose not to listen. Virtually every other country does this except I believe the UK and Iraq.

you can't run the country on the oil money and also save it, especially when the expected oil price has been destroyed.

[Rheghead]

you can't run the country on the oil money and also save it, especially when the expected oil price has been destroyed.

The Scottish Green party policy for a independent Scotland doesn't feature oil, The SNP's policy for an independent Scotland was based on an oil fund so a drop in price was not a big issue. I thought we just went over that?

[mi16]

The Scottish Green party policy for a independent Scotland doesn't feature oil, The SNP's policy for an independent Scotland was based on an oil fund so a drop in price was not a big issue. I thought we just went over that?

In order to build an oil fund you will need a decent oil price?
If you are making very little from the l then there is very little to save especially when you are funding the state from the oil price also.
I haven't seen the SNP's budget vision can you enlighten the facts and figures?

[Rheghead]

In order to build an oil fund you will need a decent oil price?
If you are making very little from the l then there is very little to save especially when you are funding the state from the oil price also.
I haven't seen the SNP's budget vision can you enlighten the facts and figures?

So the oil fund would build up slowly just now which is eactlly the pace you would expect when the oil price is low. You are reinforcing the need for an oil fund. The oil was not a major feature of the budget anyway, it was always meant to be a bonus, especially under a green government..

[mi16]

So the oil fund would build up slowly just now which is eactlly the pace you would expect when the oil price is low. You are reinforcing the need for an oil fund. The oil was not a major feature of the budget anyway, it was always meant to be a bonus, especially under a green government..

Would it, you see Salmond budgeted on a £7.5bn annual income from the oil.
We are currently making nothing like that from oil, the oil fund would have the square root of zero in it.
It is widely anticipated that the North sea oil industry is well past its peak and all I am seeing is job losses and decommissioning, which incidentally is not the industry some would have you think.
We would have been on our tod in March, how would we have funded the country?
A - Massive taxation increase
B - Massive public spending cuts
C - Combination of A & B

I am not sure why you keep going on about this green government, we have the SNP not the Green party.