Scotland’s oil and gas revenues, even ten years after we were told it was running out, are still FOUR TIMES that of Guyana’s apparently ‘mind-boggling oil wealth’
By Professor John Robertson OBA In 2022, the South American country Guyana produced $7.5 billion in oil and gas revenues.1 In the same year, Scotland produced $31.8 billion in oil and gas revenues.2 Today, in the Guardian: Hundreds of thousands of Guyana citizens living at home and abroad will receive a payout of around £370 each after the country announced it was distributing its “mind-boggling” oil wealth.3 If $7.7bn is ‘mindboggling’ then what is $31.8 bn, especially when we were told it was soon to run out? Sources: https://www.rystadenergy.com/news/guyana-enters-the-big-league-as-o-g-revenues-break-1-billion-in-2022-grow-to-7-5#:~:text=Guyana%20enters%20the%20big%20league%20as%20O%26G%20revenues%20break%20%241,to%20%247.5%20billion%20in%202030 https://en.wikipedia.org/wiki/Oil_industry_in_Scotland#:~:text=The%20extraction%20of%20oil%20and,Domestic%20Product%20(GDP)%20figure. Support Scots Independent, Scotland’s oldest pro-independence newspaper and host of the OBA (Oliver Brown Award) at: https://scotsindependent.scot/FWShop/shop/ The … Continue reading Scotland’s oil and gas revenues, even ten years after we were told it was running out, are still FOUR TIMES that of Guyana’s apparently ‘mind-boggling oil wealth’
