My bonus was money, this year.
Why do some people think that Scotland's finances are so dependent on oil. Oil is a fantastic comodity for any country to own. Admittidly the high prices may be over but at $60 a barrel, would be a tidy sum in Scotland's coffers. Incidently oil has always been a bonus.
My bonus was money, this year.
In order for us to take $60 bbl into the "coffers" the oil price would need to be at something considerably more than current levels.
It's probably down to SNP forgetting then Oil Industry is one of Scotland 3 major industries.
No ones ever claimed Scotland is dependent on Oil Revenue but by the way SNP supporters wailed and moaned about it you'd think it was a major economic issue.
I'm now reassured that it's no more than a Bonus and you won't have to join in future discussions on the subject.
You are in denial.....they are, "we" dont own oil and at 60 /65 dollars the tax take will be a hell of a lot less than at higher prices eg 110 dollars a barre,l which blows apart scottish government sums re FFA and tax revenues, killed stone dead . Of course oil has always been a bonus...no oil = no oil jobs so yes your spot on, from that point of view oil is a bonus...and we would have been snookered without it, can you imagine Aberdeen and the east coast from Fraserburgh down to Montrose if there was no oil.... Key facts : see http://www.oilandgasuk.co.uk/employment.cfm
- The industry provides employment for around 440,000 people across the whole country:
- The exploration for and extraction of oil and gas from the UKCS accounts for around 340,000 of these, comprising:
- 32,000 directly employed by oil and gas companies and their major contractors
- 207,000 within the wider supply chain
- 100,000 jobs supported by the economic activity induced by employees’ spending.
- In addition, a thriving exports business is estimated to support a further 100,000 jobs.
- Whilst the oil and gas industry provides work across the whole of the UK, Scotland benefits the most with 45% of jobs. 21% are in South East England, 6% in North West England, 5% in West Midlands and 5% in Eastern England.
Read this...its from the Financial Times.....not some on line SNP propoganda troll.....
http://www.ft.com/cms/s/0/d97d49ce-8...#axzz3dPxNw6Wy
A bit of common sense here...when oil was discovered in the North sea no British and certainly no scottish companies had all the expertise required to extract the hyro carbons off shore......so how did "we" get the stuff out...well lets guess that people / companies outwith with the UK with expertise got involved....The first oil was brought ashore by an American company, Hamilton, in 1975.
Well I guess, outsiders would be OK.
But only if they have Scottish heritage and certainly no English blood in them!!
Im only trying to be polite in responding...its scotland oil.....so did scotland have the expertise to bring it to the surface........I guess the answer has to be 100%...no ! Immaterial anyway, as scotland back in the day was part of the UK....so Oil is a a UK resource...and of course Scotland still remains part of the UK which obvioulsy sticks in the throat of many people who voted no ! PL...dont you know that your party policy is "to increase Scotland’s working age population in order to promote economic growth. It commits the Scottish government to matching “average European (EU15) population growth over the period from 2007 – 2017” and states that an independent Scotland would use immigration as one of the major levers to increase the country’s population........lets just gently point out that you are out of step with your parties migration intent !!!
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