Oil Price Plunge and Scottish Independence
Dec 21st 2014, 6:32 pm
#1
Daffyd Duck
Thread Starter
Joined: Jul 2008
Location: Paradise
Posts: 5,636
Oil Price Plunge and Scottish Independence
After observing oil prices plunge, I can't help but wonder what would have happened if Scots voted Yes to Independence.
Apparently the economics of it all would put the Scottish Govt in tens of billion pounds in deficit and potential high unemployment.
North Sea oil industry 'close to collapse' - BBC News
http://www.theguardian.com/uk-news/2...h-nationalists
Apparently the economics of it all would put the Scottish Govt in tens of billion pounds in deficit and potential high unemployment.
North Sea oil industry 'close to collapse' - BBC News
http://www.theguardian.com/uk-news/2...h-nationalists
Last edited by commonwealth; Dec 21st 2014 at 6:44 pm.
Dec 22nd 2014, 9:54 am
#2
Joined on April fools day
Joined: Apr 2012
Location: 30 miles from a decent grocery store.
Posts: 10,642
Re: Oil Price Plunge and Scottish Independence
After observing oil prices plunge, I can't help but wonder what would have happened if Scots voted Yes to Independence.
Apparently the economics of it all would put the Scottish Govt in tens of billion pounds in deficit and potential high unemployment.
North Sea oil industry 'close to collapse' - BBC News
Oil price fall poses challenge for North Sea industry – and Scottish nationalists | UK news | The Guardian
Apparently the economics of it all would put the Scottish Govt in tens of billion pounds in deficit and potential high unemployment.
North Sea oil industry 'close to collapse' - BBC News
Oil price fall poses challenge for North Sea industry – and Scottish nationalists | UK news | The Guardian
Dec 22nd 2014, 10:03 am
#3
snɐןɔ ʎʇıuɐs
Joined: Nov 2006
Posts: 6,558
Re: Oil Price Plunge and Scottish Independence
Don't worry. The knock on effects of the investment cut backs mean we'll be at $150 within 3 years. North Sea production, however, will probably not see 1Mbpd again.
