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  • #16
    Originally posted by Bugs ****ing Bunny View Post
    I suspect these days it depends far more on who bails out the Scottish banks.
    Split the aggregate assets and liabilities along population, or GDP, proportions and the Scots will decide that splitting is a bad idea.
    One day Canada will rule the world, and then we'll all be sorry.

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    • #17
      Any Scot who pushes for independence is stupid. That said there is still a ton of North Sea Oil out there which hasn't been tapped into yet.
      Try http://wordforge.net/index.php for discussion and debate.

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      • #18
        The UK's oil production is in rapid decline. It peaked about 10 years ago, and will be down to about 1/3rd of that peak in 10 years time.
        One day Canada will rule the world, and then we'll all be sorry.

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        • #19
          But how many new platforms have been built? The reality is there is a ton of locations further out in the north sea which haven't been brought into production. There is also a ton of coal mines which have been idled since Thatcher's time which could use thermal cracking to produce oil or gas. California has a similar problem where there is a ton of off shore places where we know there is oil & gas but which is politically blocked from production.
          Try http://wordforge.net/index.php for discussion and debate.

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          • #20
            Is the UK coal industry turning a corner?

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            • #21
              If "turning the corner" means 1/5th of its former output even while coal imports surge (mainly because domestic sources have been shut down due to a former government wanting to hobble unions) then yes but other wise no. Coal demand remains high as does prices so the logical thing to do is to help companies produce as much of it as possible domestically. The UK has truly vast coal reserves just like it has loads of untapped oil fields. Jump start domestic production using national industrial policy the way countries like China and Russia do and you'll find tons of high paying jobs created and exports will jump.
              Try http://wordforge.net/index.php for discussion and debate.

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              • #22
                Originally posted by Oerdin View Post
                But how many new platforms have been built? The reality is there is a ton of locations further out in the north sea which haven't been brought into production. There is also a ton of coal mines which have been idled since Thatcher's time which could use thermal cracking to produce oil or gas. California has a similar problem where there is a ton of off shore places where we know there is oil & gas but which is politically blocked from production.
                You are talking about something different now. Most coal fields are in England, not Scotland.
                One day Canada will rule the world, and then we'll all be sorry.

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                • #23
                  It's an aside, but not an uninteresting one.

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                  • #24
                    You seemed to find it interesting when you were posting about, Cort. Either way, I've said Scottish independence is daft and the UK should be building as many new oil platforms as possible so that it can either 1) off set oil and gas imports or even better 2) export more oil and gas thus gaining new currency reserves while increasing employment. Like the US the UK badly needs an national industrial policy to increase industrial output and improve the nation's trade. Who doesn't think the UK could enact domestic preferential measures the way the Chinese have?
                    Try http://wordforge.net/index.php for discussion and debate.

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                    • #25
                      I am certainly interested in the possibilities of a revival in the British coal industry. We need all the industry we can get, under the circumstances. Thatcher killed the industry for the reasons you mentioned, and our island is practically made of coal.

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                      • #26
                        Well as fossil fuels dwindle, we are sitting on a bit of a goldmine (well, coalmine)...we can use the energy this provides to rebuild the empire! We're just biding our time!
                        Speaking of Erith:

                        "It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda Smith

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                        • #27
                          Originally posted by Dauphin View Post
                          The UK's oil production is in rapid decline. It peaked about 10 years ago, and will be down to about 1/3rd of that peak in 10 years time.
                          Yes, but at the moment it's still 15m barrels a day, even when that drops to 10m in 10 years it's significant. Scottish independence in 20 years.
                          Jon Miller: MikeH speaks the truth
                          Jon Miller: MikeH is a shockingly revolting dolt and a masturbatory urine-reeking sideshow freak whose word is as valuable as an aging cow paddy.
                          We've got both kinds

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                          • #28
                            If Scotland was independent they would be twice as well off at least, no English plundering their oil, and wasting money on foreign wars, nuclear deterrants and similar...

                            Look at the difference from Republic of Ireland and Northern Ireland... Scots should use the first opportunity to move on, and let the English enjoy in the glory of the empire ruling over Northern Irish and Welsh.

                            $26,603 Northern Ireland GDP/capita
                            $49,863 Republic of Ireland

                            and that is without Oil ... with oil Scotland could have been like Norway, but as they let the English waste it, they can still be better off on their own, even if the English suck the oil dry before.
                            Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
                            GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

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                            • #29
                              Look at the GNP rather than GDP and the picture isn't so rosy.

                              Ireland's economy is currently ****ed. Even worse than ours. NI is improving all the time. It has a legacy of The Troubles, restricting external investment in the region which is being turned around.

                              There's no way we'd allow Scotland to keep all the oil. I don't think it follows that they could replicate 1990s Irish economic policy and guarantee the same levels of success.
                              Jon Miller: MikeH speaks the truth
                              Jon Miller: MikeH is a shockingly revolting dolt and a masturbatory urine-reeking sideshow freak whose word is as valuable as an aging cow paddy.
                              We've got both kinds

                              Comment


                              • #30
                                Originally posted by OneFootInTheGrave View Post
                                If Scotland was independent they would be twice as well off at least, no English plundering their oil, and wasting money on foreign wars, nuclear deterrants and similar...

                                Look at the difference from Republic of Ireland and Northern Ireland... Scots should use the first opportunity to move on, and let the English enjoy in the glory of the empire ruling over Northern Irish and Welsh.

                                $26,603 Northern Ireland GDP/capita
                                $49,863 Republic of Ireland

                                and that is without Oil ... with oil Scotland could have been like Norway, but as they let the English waste it, they can still be better off on their own, even if the English suck the oil dry before.

                                The Scottish Nationalists big plan was to use Scotland's banking base as the launchpad to turn the nation into a financial powerhouse, like Iceland.

                                They had a lucky escape.
                                The genesis of the "evil Finn" concept- Evil, evil Finland

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