Last time I looked at this, the UK government were forecasting total combined oil & gas production for 2009 to be just over 9% down on 2008.
The actuals are now out.
2009 was a rather staggering 9.4% down on 2008.
I will leave the obvious comments as an exercise for the reader.
2 comments:
Seeing as how you are avoiding the question on newsnet scotland I will ask you here.
Isnt it true that because the value of what is extracted is growing exponentially and taxes are based on value and profits rather than quantity, London is receiving an ever larger payout from the taxes on North Sea Oil?
Looks like the wee loony doesn't want to answer ANY embarrassingly astute questions Polstar. I think that this is a blog created by the hard of thinking.
Post a Comment