I'd be more impressed if they'd developed a new, more efficient or cheaper method of supplying renewable energy.
All this effort and cost in to climate changing, old and inefficient North sea oil recovery is a fools errand.
the debate on here, if you can call it that, is basically Rangers fans getting back at the people who refused to allow the new club entry to the SPL, after their big pals at HMRC did them a favour by closing down the old club in the first placeOriginally Posted by HB
I'd be more impressed if they'd developed a new, more efficient or cheaper method of supplying renewable energy.
All this effort and cost in to climate changing, old and inefficient North sea oil recovery is a fools errand.
"old and inefficient" , well I might be both to be honest however with the advancement in technology I can assure you that it is quite efficient to reach and extract from previously unobtainable target depths/seams, those are the facts and double digit profit returns is now commonplace as you will find share prices are a very good index.Originally Posted by celts
like thisOriginally Posted by celts
SNP condemns UK plans to allow fracking drilling below people's land
"The Scottish Government has condemned UK plans to allow fracking companies to drill below people's land without their agreement.
The Department of Energy and Climate Change (DECC) said it will press ahead with proposals to simplify underground access for oil and gas developers despite the objection of 99% of respondents to a consultation.
The UK-wide plan would give companies the right to drill at depths of 300 metres or more under private land without negotiating a right of access.
The DECC ran a consultation from May 23 to August 15 asking respondents whether the government should legislate for underground access to gas, oil an
Ian Wood warns Aberdeen needs to plan now for the wind down of the oil and gas industry.
I know that everyone who didn't agree with the Yes side was all part of a massive conspiracy etc etc but it's telling that post referendum he is still warning about this. Also, if anyone wants to dispute this then they can post the figures showing how much oil and gas we've been taking year on year for the past 15 years or so from the North Sea. It's dropped a huge amount over that time and continues dropping. - view external link
the totally unbiased BBC ;-) you can compare oil extractions over the past 15 years then, well 15 years ago it would cost about 23 $ per barrel and a soy yesterday just shy of $100, it is all relative and those are the facts .Originally Posted by Husker_Du
The Nats are bricking it that England will start fracking. Making money for themselves and causing a price drop on oil on the markets. One of the reasons the price of oil is down is because America is producing so much energy from fracking and importing less oil.
the totally unbiased BBC ;-) you can compare oil extractions over the past 15 years then, well 15 years ago it would cost about 23 $ per barrel and a soy yesterday just shy of $100, it is all relative and those are the facts .[/quote]Originally Posted by S**** hive
So any article on the BBC is biased now? Are you claiming those aren't Ian Wood's words?
As for your statement about it being all relative, you're not reall
the totally unbiased BBC ;-) you can compare oil extractions over the past 15 years then, well 15 years ago it would cost about 23 $ per barrel and a soy yesterday just shy of $100, it is all relative and those are the facts .[/quote]Originally Posted by Husker_Du
So any article on the BBC is biased now? Are you claiming those aren't Ian Wood's words?
As for your statemen