Professor John Robertson OBA
Thanks to K McEwan for alerting us to this:
In the Telegraph, two days ago, the above and:
Around 85% of these reserves, 21.25 billion barrels, lie in Scottish waters.1
Each barrel of oil is worth around $60 or £452, so we have around £1 trillion in Scottish waters
Sources:
- https://www.parliament.scot/chamber-and-committees/papers-2023
- https://www.investing.com/commodities/crude-oil
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Well spotted K McEwan
Liz S
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£1Trillion of Oil in Scottish waters ?
I do hope this has been checked with Sir Ian Wood as he is the man who knows , isn’t he ?
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”Well if you look at the balance of trade Francine”, and watch Francine’s hands do a panicky table dance LOL!
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Oil and gas…
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Quite frankly I wish there were no oil or gas reserves in Scotland…greedy oligarchs don’t like giving up what they see as their own, no matter which country, naming no names, Venezuela and others.
If anything, re securing independence, should Scotland do a wee deal with the EngGov and allow them to keep half or less, of Scotland’s oil/gas reserves but leave our renewables well alone? Or is that a crazy idea.
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Most of it should be left in the ground though…
John H
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