North Sea Oil Decommissioning, 50 Oil And Gas Fields To Close

originally posted by: Soloprotocol

originally posted by: grainofsand
a reply to: uncommitted Yeah Solo raved about the " Black Gold!!! " as he called it in the independence threads, proper smug he was lol

Never once i called it black gold...I did use it to get it right up ye...and it worked a treat...Remember...Tick Tock.

I also remember that, went a bit quiet when the ticket stopped though.....

Yeah, sounds like i've went quiet,?...Never have, never will, never did at the time mate.

If you care to look back at those referendum threads you will see that i predicted the outcome from a very early stage. The fix was in from the start.

Now lets see what Cameron had to say about Scotland and Oil post referendum..Hmmm.

a reply to: Soloprotocol
It wouldn't surprise me if the oil prices are just a fix because it conveniently and badly hurts Russia.

originally posted by: grainofsand
a reply to: Soloprotocol
It wouldn't surprise me if the oil prices are just a fix because it conveniently and badly hurts Russia.

Someone must be profiting...Now where is all that Iraqi, Syrian and Libyan Oil going, for how much and to whom..?

Petrol prices may have dropped, I dont drive so doesn't really effect me, but my gas and leccy bill keeps going up..? ]]Governments especially ours and America's wont be happy until we are working like Asians...Star jumps in front of the management before we start in the morning, 12 hour shifts 7 days a week for what we earned for a 40 hour week 20 years ago.

I was talking to a couple of ex workmates just last month. They have never had a wage rise since i left 6 years ago...Shocking.

a reply to: Soloprotocol
My guess is the oil price is a mixture of shady politics, illegal black market sales, the dumping of excess oil on the market by recognised nation traders, and decreased worldwide consumption due to slow down in industry.

*edit*
Harsh one for the ex workmates, 6 years is a long time with no pay rise, still though probably their choice to go so long without making changes in their life.
Some folk facilitate their own cattle status, but then I'm self employed so I look at things differently to those who choose to be employees.

a reply to: Soloprotocol

Do you remember these words?

as far as we know there is £1 TRILLION worth of Oil and Gas still to be extracted....I'm sure that fall back money will put a plaster on any skint knees we might suffer along the way

The Scottish government and Oil and Gas has it as high as £1.5 trillion and as low as half a trillion, but if you believe Westminster we have only 1.5 pints of Oil and enough

If the decision is to move to full independence Scotland will be a very wealthy country indeed, jumping to 14th richest nation in the World. With huge Oil and Gas reserves still to be extracted, Estimated to be £1trillion +, 90% of which would stay in Scotland instead of going to London...

Yes. There yours.

www.abovetopsecret.com...

So who would have put that plaster on your skint knees?

originally posted by: LABTECH767
Another argument for why we need Corbyn, cameron would never step in and stop this criminal activity but Corbyn would and would threaten these oil conglomerate with forced re-nationalization of these assets if they did not play ball fairly,

To be honest, this is why Corbyn would never get into power. The tax payer won't tolerate propping up industries through nationalisation. The government cannot run the proverbial piss-up in a brewery, let alone a complex industry! The last time they tried we lost whole industries and threw away years of innovation and invention. Nationalisation is about as useful as a chocolate teapot.

At the end of the day, what we have is lots some unprofitable capacity in the North Sea. The oil industry is obliged to close down, or moth ball affairs in good order. On Scottish Independence, one actually wishes it had happened because the UK tax payer may now be saddled with decommissioning costs, because the Scots won't volunteer.

a reply to: paraphi
Nah with any luck they'll vote again, leave the UK and be forced to deal with the decommissioning in their own waters.
I reckon the rest of the UK could avoid all those costs in such a scenario.

I thought it was bitter outside....

a reply to: paraphi
Tax relief on decommissioning is already agreed (with UK) government based on life cycle revenues received by the UK. Even in the event of independence the UK would be expected to pay a proportion of decommissioning costs with amount depending on time revenues went to UK government.

originally posted by: alldaylong
a reply to: Soloprotocol

Do you remember these words?

as far as we know there is £1 TRILLION worth of Oil and Gas still to be extracted....I'm sure that fall back money will put a plaster on any skint knees we might suffer along the way

The Scottish government and Oil and Gas has it as high as £1.5 trillion and as low as half a trillion, but if you believe Westminster we have only 1.5 pints of Oil and enough

If the decision is to move to full independence Scotland will be a very wealthy country indeed, jumping to 14th richest nation in the World. With huge Oil and Gas reserves still to be extracted, Estimated to be £1trillion +, 90% of which would stay in Scotland instead of going to London...

Yes. There yours.

www.abovetopsecret.com...

So who would have put that plaster on your skint knees?

And once again your point is..? How many times do you want to hear it?..Scotland has it's own stand alone economy without the need for oil. Prove me wrong on anything i said you have quoted from myself.

Scotland has payed more in tax per head of population towards Westminster for the past 34 years than any other country in the UK...FACT.

You are just pissed because i provided you with facts that you are talking bollocks. Go back to the links i provided and have a good read.

Oil aside, Scotland would stand on it's own 2 feet easily. I'm surprised you've not mentioned Scotland's £6 Billion black hole yet..or has it increased to £100 billion since 2014. ?

originally posted by: ScepticScot
a reply to: paraphi
Tax relief on decommissioning is already agreed (with UK) government based on life cycle revenues received by the UK. Even in the event of independence the UK would be expected to pay a proportion of decommissioning costs with amount depending on time revenues went to UK government.

Another boot in the stones for the Scottish tax payer. Steal then sell off the Oil then tax us for the clean up. just great.

a reply to: Soloprotocol

Scotland Economy.

So, the chart reveals that on a reasonable definition of "punching above its weight" Scotland lags behind the UK as a whole. Indeed, the relative is lower than it was in 1997. It is lower than it was at the trough of the recession in 2009 but the high point of 97.2 was due principally to the recession being stronger in the UK than in Scotland. Between 2009 and 2012, the Scottish relative fell as the recovery from recession in UK GDP was faster than in Scotland. After 2012 the Scottish recovery picked up and so the relative rose a bit.

But there's little in these data to suggest that Scotland has exhibited a "strong showing" at all. It is true that Scotland moved into third position in the GVA per head rankings in 2013 just ahead of East England as the recovery in Scotland strengthened and this might have been influenced by SNP government policy in prioritising investment spending and the pick up in construction activity here. But as the chart below shows all regions and nations appear to have lost out to London during the recovery. If Scotland has managed to achieve "record numbers of registered businesses in Scotland, increased productivity, growing value of international exports, and record employment", which I think is not wholly supported by the data, it has not registered much, if at all, in the GVA relative and certainly could not lead one to conclude that Scotland is "punching above its weight."

www.scottisheconomywatch.com...

Scotland standing on its own two feet without Oil Revenue is Correct. How they would fair would depend on the Economic Climate. However, what about the future Investment? Wasn't Oil Revenue funds going to be used for Future Investment along with paying off Huge Debt it would have taken on?

An Independant Scotlands Financial Future of 10/15 years regaurding Investment would be Bleak.

a reply to: TSOM87
Nah it's a pleasant 7C outside my house on the SW coast of England right now.

a reply to: Kester

I think the oil people are going to take their profits and disappear into the night, leaving the disintegrating infrastructure as someone else's problem.

I recall reading an article way back about all the pirating of the African coast being related the something related to this. I don't remember enough about the article or where it came from nor it authenticity so don't quote me on this but"

Apparently the Large shipping and Oil companies of the world found it easier and cheaper to let the ships sink off the coasts when they became obsolete than properly disposing of them. After a while the fish in the area and the pirates only means of survival became a dead zone. Hence it became a do or die situation for them.

Like I said don't take it as factual as its just a blink of a memory coming across some article many years ago, however I will see if I can find it again?

originally posted by: alldaylong
a reply to: Soloprotocol

Scotland Economy.

So, the chart reveals that on a reasonable definition of "punching above its weight" Scotland lags behind the UK as a whole. Indeed, the relative is lower than it was in 1997. It is lower than it was at the trough of the recession in 2009 but the high point of 97.2 was due principally to the recession being stronger in the UK than in Scotland. Between 2009 and 2012, the Scottish relative fell as the recovery from recession in UK GDP was faster than in Scotland. After 2012 the Scottish recovery picked up and so the relative rose a bit.

But there's little in these data to suggest that Scotland has exhibited a "strong showing" at all. It is true that Scotland moved into third position in the GVA per head rankings in 2013 just ahead of East England as the recovery in Scotland strengthened and this might have been influenced by SNP government policy in prioritising investment spending and the pick up in construction activity here. But as the chart below shows all regions and nations appear to have lost out to London during the recovery. If Scotland has managed to achieve "record numbers of registered businesses in Scotland, increased productivity, growing value of international exports, and record employment", which I think is not wholly supported by the data, it has not registered much, if at all, in the GVA relative and certainly could not lead one to conclude that Scotland is "punching above its weight."

www.scottisheconomywatch.com...

Ahh professor Brian Ashcroft, well know unionist and married to unionist former Labour Leader Wendy Alexander.. Hmmm..

Here's the problem, Nationalists jumping in with aggressive personal insults. Calling people idiots and more.

Where I live, rural Highlands, every single 'No Thank You' sign got defaced with scrawls of 'TRAITORS!' 'ENGLISH LOVING SCUM!' and 'WE KNOW WHO YOU ARE!' and suchlike, from angry violent Nationalists.

Didn't see a single 'Yes' poster defaced or torn down.


Sad what the extreme Nationalists are trying to do to this country that we all love. But, that's what Nationalism does.

originally posted by: Soloprotocol

originally posted by: alldaylong
a reply to: Soloprotocol

Scotland Economy.

So, the chart reveals that on a reasonable definition of "punching above its weight" Scotland lags behind the UK as a whole. Indeed, the relative is lower than it was in 1997. It is lower than it was at the trough of the recession in 2009 but the high point of 97.2 was due principally to the recession being stronger in the UK than in Scotland. Between 2009 and 2012, the Scottish relative fell as the recovery from recession in UK GDP was faster than in Scotland. After 2012 the Scottish recovery picked up and so the relative rose a bit.

But there's little in these data to suggest that Scotland has exhibited a "strong showing" at all. It is true that Scotland moved into third position in the GVA per head rankings in 2013 just ahead of East England as the recovery in Scotland strengthened and this might have been influenced by SNP government policy in prioritising investment spending and the pick up in construction activity here. But as the chart below shows all regions and nations appear to have lost out to London during the recovery. If Scotland has managed to achieve "record numbers of registered businesses in Scotland, increased productivity, growing value of international exports, and record employment", which I think is not wholly supported by the data, it has not registered much, if at all, in the GVA relative and certainly could not lead one to conclude that Scotland is "punching above its weight."

www.scottisheconomywatch.com...

Ahh professor Brian Ashcroft, well know unionist and married to unionist former Labour Leader Wendy Alexander.. Hmmm..

I can now see were you are coming from.

Anything said or being quoted from a Non Scottish Nationalist has to be LIES

Anything said or being said from a Scottish Nationalist has to be TRUTH.

You mind is as narrow as a pencil line.

a reply to: alldaylong
Lol, the same in every Scotland thread, I don't even bother with the sourced references thing anymore for that reason.
I'm more than happy for the Scots doing one from the UK because I know one thing, my life will be no worse off, and it will hopefully bring an end to the constant whinging from them.
Sooner than later in my opinion.