Showing posts with label OIL FUND. Show all posts
Showing posts with label OIL FUND. Show all posts

Thursday, 9 June 2011

IS NOW THE TIME FOR INDEPENDENCE?


Should the new SNP Government now go for full independence?

You won't be surprised to hear me say yes.  Like it or not, Scots have always considered that Scotland is a separate nation from England.  In many ways like the opinion, that many Englishmen have, that England is a separate country from Scotland and shouldn't be a part of the EU.  I think the Scots are endured by many English.  They are fed shite about how Scotland is a drain on the English purse, when anyone with a modicum of intelligence can look at the GERS reports online and see that Scotland has been in surplus for many years.  Indeed, oil, a Scottish asset has floated the British Economy since the early 70s, a fact that is rarely mentioned.  Then we hear the crap about how the English bailed out the Scottish Banks, RBS and HBOS.  Well, these have been British companies, albeit with their HQs in Scotland, since 1707 and in any case the last time I looked, Halifax was not in Scotland.

Is there an economic case for independence?  Again I would say yes.  There is still some oil left in Scottish waters, so please, don't lets squander what's left.  We have 40% of all renewable potential in Europe with wave power going to be an important feature.  We should have control of these assets in Scotland, to be used for the good of the Scottish people, like they do in Norway.  Control of the seabed round Scotland should be our first priority.  At the moment that right belongs to the British Monarchy.  Osborne gave the Queen massive dividends from that source in his budget, (which was sneaked in so no-one noticed it), and I'm sure they don't need anymore money than they currently  have.

Politically, as the people of Scotland realise that an SNP Government is there to govern for Scotland and doesn't have one eye on their masters in London, they will realise the benefits of an independent nation.  The people of Scotland have the right to self determination in just the same way as the new Arab states do, so in my opinion now is the time to forge ahead to  independence.

Wednesday, 24 February 2010

SCOTTISH OIL RESERVES 'UNLIMITED'-INDUSTRY SPOKESMAN


SCOTTISH OIL RESERVES HIGHER THAN PREVIOUSLY THOUGHT

Commenting on the survey by the offshore industry association, Oil and Gas UK , which finds that North Sea oil and gas reserves are practically unlimited, SNP MP and Energy Spokesperson Mike Weir said that future revenues from oil should be invested for Scotland 's future. 


Mr Weir warned that the lessons of the 1970's, when London politicians claimed the reserves would not last long, must be remembered and made the case for the establishment of an oil fund to secure the benefits of oil revenues for future generations.  Commenting Mr Weir said:  "Scotland's oil and gas industry is the only thing keeping the London Treasury afloat - over the next six years, £50 billion worth of North Sea revenues will flow to the London exchequer.  "That alone represents over £20,000 for every household in Scotland .

"The London politicians must not think it they can fool the people of Scotland again"!