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Think it's Time to Start Drilling

133 replies

MissAustenMadeAQuilt · 09/03/2026 08:29

Oil price rising fast which means energy, food, petrol costs, everything will rocket fast and jobs will be lost.

We have our own oil in our own back yard, which would give us protection.

AIBU to think we should grant oil licences and get drilling.

If not we're going to reach Net Zero a lot faster than planned and it ain't going to be pretty.

OP posts:
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5
Wilnis7 · 12/03/2026 19:14

If we care about removing carbon we should prioritise the most cost effective projects to do so. If we care about cost of living and economic growth we should choose the cheapest good energy source.

this makes no sense

GasPanic · 12/03/2026 19:10

Unfortunately we would need 25 Hinkley Point C power stations to replace the UKs current gas demand per year.

You might get away with less, because a lot of gas is used for heating and heat pumps use about 1/3 as much power as gas equivalent. So say 1/3 of that, or 8x Hinkley Point C.

Sounds do-able. Until you realise that that is just the gas. Add in oil and there is a similar amount, without the efficiency reduction. So another 25x Hinkley Point C.

So something of the order of 32 Hinkley Point C's to replace all our current gas and oil (fossil fuel) usage that is mainly in a non electricity generating capacity.

One of them is taking 10 years to build, and costing £50 billion. And we haven't even got to the stage where we might be finding out stuff that is wrong with the build yet (see Finland).

We haven't even figured out where to put and process the old waste from the old nuclear stations we have shut down. Trying to find a geological depository has gone on for years. Let alone 32 new monster power stations.

Wilnis7 · 12/03/2026 19:09

GeneralPeter · 12/03/2026 18:45

Decisions are taken at the margin though.

Should you buy a new coat if you have a perfectly good one already?

Your method would say: well, is the new coat cheaper than what I paid for my current one? If yes, I should buy a new one.

That’s not a sensible way to make the decision.

A better objection would be: the existing coat isn’t a “good” one. (It’s highly polluting).

My point is that the coat can be made good (the pollution can be far more than offset) with significantly less money that we have instead spent on a new coat.

If we care about removing carbon we should prioritise the most cost effective projects to do so. If we care about cost of living and economic growth we should choose the cheapest good energy source.

By combining these issues we are doing neither well.

The energy source that comes closest to doing both is nuclear, which is what we should prioritise.

Edited

sorry i don't understand the analogy - if we drill more it will not bring down our electricity prices, or petrol prices, it gets sold on the international markets goiving oil and gas companies more profit.

the quickest eaiest way to remove ourselves from being a slave to oil prices is renewables.our energy prices are cheapoer because of them already and could be even more with simple govt action.

GeneralPeter · 12/03/2026 18:45

LoftyPlumLion · 12/03/2026 18:18

Those figures are misleading

The gas figure (£30-50/MWh) is the most problematic claim. This appears to be the short-run marginal cost of running an already-built gas plant (essentially just fuel costs), not the full cost of building and running new gas capacity. Government estimates put the levelised cost of new gas CCGT plants at around £114/MWh for 2025 — more than double the post’s figure. So the author is comparing the total system cost of wind (including storage) against the running cost only of gas, which is an apples-to-oranges comparison.
You’re right that renewables are currently cheaper. Wind power reduced wholesale electricity prices by around 25% in 2024 — without it, average day-ahead prices of £73-76/MWh could have been as high as £96-101/MWh.

Decisions are taken at the margin though.

Should you buy a new coat if you have a perfectly good one already?

Your method would say: well, is the new coat cheaper than what I paid for my current one? If yes, I should buy a new one.

That’s not a sensible way to make the decision.

A better objection would be: the existing coat isn’t a “good” one. (It’s highly polluting).

My point is that the coat can be made good (the pollution can be far more than offset) with significantly less money that we have instead spent on a new coat.

If we care about removing carbon we should prioritise the most cost effective projects to do so. If we care about cost of living and economic growth we should choose the cheapest good energy source.

By combining these issues we are doing neither well.

The energy source that comes closest to doing both is nuclear, which is what we should prioritise.

Terrribletwos · 12/03/2026 18:19

I believe there are shadow fleets with Iranian oil going to China and has been for many years.

LoftyPlumLion · 12/03/2026 18:18

GeneralPeter · 11/03/2026 21:30

We've taken a wrong turning, so backwards is the right way to go.

By investing heavily in wind, curtailing gas, and eschewing nuclear, we are stifling growth, worsening cost of living, and missing an opportunity to do far more to decarbonise the planet.

The wrong turn was to prefer expensive UK decarbonisation over much more cost-effective global projects, like preventing peatland burning in SE Asia.

Numbers:

UK wind + storage for base load: £70-180/MWh after paying to fully offset its (fairly small) carbon footprint.

Gas: £30-50/MWh after paying to fully offset its carbon footprint. If we are prepared to pay £70-180/MWh, we could offset 10-40 times as much carbon as gas production produces. i.e. do 10-40 times as much good, carbon-wise, as a wind-based policy.

Basically, we spend far more to achieve far less, for domestic political/ ideological reasons. That isn't taking climate change seriously.

Long term the oil and gas runs out, which is why we need nuclear (which is far preferable). But until then we should use (UK) gas and over-fund the offset. Cheaper for consumers, better for the planet.

Why would anyone serious about climate change oppose that?

Edited

Those figures are misleading

The gas figure (£30-50/MWh) is the most problematic claim. This appears to be the short-run marginal cost of running an already-built gas plant (essentially just fuel costs), not the full cost of building and running new gas capacity. Government estimates put the levelised cost of new gas CCGT plants at around £114/MWh for 2025 — more than double the post’s figure. So the author is comparing the total system cost of wind (including storage) against the running cost only of gas, which is an apples-to-oranges comparison.
You’re right that renewables are currently cheaper. Wind power reduced wholesale electricity prices by around 25% in 2024 — without it, average day-ahead prices of £73-76/MWh could have been as high as £96-101/MWh.

DdraigGoch · 12/03/2026 18:15

Terrribletwos · 12/03/2026 17:43

Thanks. Well I can't see any way off cutting them off (Russia) any time soon. Can you? And how?

In what way are we disrupting the shadow fleet? It seems there are still a few boats getting through the strait of hormuz, I am guessing these are the shadow fleet maybe so not cut off.

How do you propose we tackle the wastefulness of SA, etc? They're not going to suddenly stop exporting.

A few shadow fleet vessels have been intercepted lately. The most recent one by the Belgians. Why would the shadow fleet be going through Hormuz? They usually go from the Baltic ports to various Russian-friendly countries like India. Europe's reliance on Russian gas has plummeted and the pipeline serving Hungary and Slovakia has been cut off.

If the Saudis weren't making so much money from oil then they wouldn't be able to afford the same extravagant lifestyles.

LoftyPlumLion · 12/03/2026 18:15

MissAustenMadeAQuilt · 09/03/2026 08:29

Oil price rising fast which means energy, food, petrol costs, everything will rocket fast and jobs will be lost.

We have our own oil in our own back yard, which would give us protection.

AIBU to think we should grant oil licences and get drilling.

If not we're going to reach Net Zero a lot faster than planned and it ain't going to be pretty.

No, any extra drilling just gets sold abroad, more profit for the few.

renewables is the only answer.

break the link between home energy and oil and gas

BeardOToots · 12/03/2026 18:12

thecatsgotyourtongue · 09/03/2026 08:50

Would take years to open up new north sea oil fields & once the oil price drops, these investments become unprofitable.

Plus the extraction is done by private companies, selling on world markets, its not "our" oil at all.

We need Trump to back down very quickly.

I feel like people constantly have to have this very slowly explained to them.

DdraigGoch · 12/03/2026 18:10

Terrribletwos · 12/03/2026 16:04

Evs come at a great cost too to the environment.

Bicycles on the other hand do not. With one I'm basically immune to petrol prices.

Trains for longer distances.

Skybunnee · 12/03/2026 17:48

Stillhere83 · 12/03/2026 15:05

We can't really afford the pivot to renewables

I'd argue we can't afford not to. If we had done it earlier, we wouldn't be exposed to this now and at the mercy of hostile states. Energy independence is a national security imperative, I can't understand why anyone doesn't recognize this. Just drilling more and kicking the can down the road is only going to lead us into a worse mess.

(Also feeling pretty smug about my EV right now 😉)

EVs are powered by electricity from gas fired power stations.

Terrribletwos · 12/03/2026 17:43

DdraigGoch · 12/03/2026 17:00

Well Russia's war is funded by fossil fuel purchases, if we can cut them off then the war (and the environmental harm it causes) will stop. We do at least appear to be making progress with disrupting the shadow fleet.

Meanwhile the wastefulness of various places (Saudi Arabia, UAE, Texas) is also funded by oil revenues.

Thanks. Well I can't see any way off cutting them off (Russia) any time soon. Can you? And how?

In what way are we disrupting the shadow fleet? It seems there are still a few boats getting through the strait of hormuz, I am guessing these are the shadow fleet maybe so not cut off.

How do you propose we tackle the wastefulness of SA, etc? They're not going to suddenly stop exporting.

DdraigGoch · 12/03/2026 17:00

Terrribletwos · 12/03/2026 13:10

Yes, I agree that it's definitely a good thing from the relying on dodgy countries perspective but it still won't make a difference environmentally.

Well Russia's war is funded by fossil fuel purchases, if we can cut them off then the war (and the environmental harm it causes) will stop. We do at least appear to be making progress with disrupting the shadow fleet.

Meanwhile the wastefulness of various places (Saudi Arabia, UAE, Texas) is also funded by oil revenues.

Terrribletwos · 12/03/2026 16:04

Stillhere83 · 12/03/2026 15:05

We can't really afford the pivot to renewables

I'd argue we can't afford not to. If we had done it earlier, we wouldn't be exposed to this now and at the mercy of hostile states. Energy independence is a national security imperative, I can't understand why anyone doesn't recognize this. Just drilling more and kicking the can down the road is only going to lead us into a worse mess.

(Also feeling pretty smug about my EV right now 😉)

Evs come at a great cost too to the environment.

Stillhere83 · 12/03/2026 15:05

We can't really afford the pivot to renewables

I'd argue we can't afford not to. If we had done it earlier, we wouldn't be exposed to this now and at the mercy of hostile states. Energy independence is a national security imperative, I can't understand why anyone doesn't recognize this. Just drilling more and kicking the can down the road is only going to lead us into a worse mess.

(Also feeling pretty smug about my EV right now 😉)

MyOpalCat · 12/03/2026 15:00

I think the best thing the UK can do about this is to divert funding from (very expensive) domestic decarbonisation like wind power + storage, towards far more cost-effective interventions overseas.

What cost effective interventions are these?

Top oil producers - United States, Saudi Arabia, Russia, Canada, and China, Iraq, Iran, UAE, Kuwait, Brazil abd Venezula.* *

Just wondering how we are supposed to intevene in these countries especially as US seems to be trying to do so and causing more problems.

Plus long term coal, oil and gas will run out and we will need to shift just perhaps not how we are trying to do so now.

GeneralPeter · 12/03/2026 13:52

Porcuine20 · 12/03/2026 10:31

If we put a fraction of the investment into tackling climate change that we put into war, we could solve so much. It’s depressing how short-sighted and selfish the human race in general is - happily ignoring the biggest problem of them all while trashing the planet. I think we should be focusing on reducing our reliance on oil and fossil fuels full stop.

I also think climate change is real and serious.

I think the best thing the UK can do about this is to divert funding from (very expensive) domestic decarbonisation like wind power + storage, towards far more cost-effective interventions overseas.

Terrribletwos · 12/03/2026 13:10

DdraigGoch · 12/03/2026 13:05

The less we rely on fossil fuels the less we are dependant on dodgy countries to supply them.

Yes, I agree that it's definitely a good thing from the relying on dodgy countries perspective but it still won't make a difference environmentally.

DdraigGoch · 12/03/2026 13:05

Terrribletwos · 11/03/2026 20:14

But if wars are being waged and the current crisis in Iran is obviously wreaking havoc on the environment what is it you feel would make a difference?

The less we rely on fossil fuels the less we are dependant on dodgy countries to supply them.

MyOpalCat · 12/03/2026 10:46

I think we should be focusing on reducing our reliance on oil and fossil fuels full stop.

We are globally.

Renewables overtake coal as world's biggest source of electricity

Developing countries, especially China, led the clean energy charge but richer nations including the US and EU relied more than before on planet-warming fossil fuels for electricity generation.

...

Even though China is still adding to its fleet of coal-fired power stations, it also remains way ahead in clean energy growth, adding more solar and wind capacity than the rest of the world combined. This enabled the growth in renewable generation in China to outpace rising electricity demand and helped reduce its fossil fuel generation by 2%.
India experienced slower electricity demand growth and also added significant new solar and wind capacity, meaning it too cut back on coal and gas.
In contrast, developed nations like the US, and also the EU, saw the opposite trend.
In the US, electricity demand grew faster than clean energy output, increasing reliance on fossil fuels, while in the EU, months of weak wind and hydropower performance led to a rise in coal and gas generation.

I don't think the focus or speed is right in UK and the high engery costs are likely stiffling economic growth but the overall direction towards renewables is the right approach.

A technician from CP Solar works on the installation of solar panels at the roof a partially solar-powered factory in the industrial area of Nairobi. Renewable energy sources generate over 80 percent of Kenya's electricity.

Renewables overtake coal as world's biggest source of electricity

Developing countries lead the historic clean energy charge but the US and EU rely more on fossil fuels than before, a think tank study shows.

https://www.bbc.co.uk/news/articles/cx2rz08en2po

Porcuine20 · 12/03/2026 10:31

If we put a fraction of the investment into tackling climate change that we put into war, we could solve so much. It’s depressing how short-sighted and selfish the human race in general is - happily ignoring the biggest problem of them all while trashing the planet. I think we should be focusing on reducing our reliance on oil and fossil fuels full stop.

MyOpalCat · 12/03/2026 10:18

Nat6999 · 12/03/2026 05:58

We are an island surrounded by sea, why aren't we harnessing tidal power? Prices of oil are only going up due to price gouging, the oil companies use any excuse to put up prices.

There were two different projects one a tidal estaury one and one a bay one near us - both have had Environmental push back and ultimatley failed to get permission depsite several efforts and the money for the projects went away.

Eveyone rails at China but they have massively increased the world solar and wind electcity generation and have made serious inroads into electric vehicles.

The USA is the problem child and points fingers to hide that.

The U.S. military alone is the world’s largest institutional consumer of petroleum and a top global greenhouse gas emitter, generating an estimated 55–60 million metric tons of carbon dioxide. If considered a country, its emissions would rank higher than many industrial nations, with roughly 60% of emissions from operational fuel use and 40% from its vast infrastructure.

Boomer55 · 12/03/2026 09:13

MissAustenMadeAQuilt · 09/03/2026 08:29

Oil price rising fast which means energy, food, petrol costs, everything will rocket fast and jobs will be lost.

We have our own oil in our own back yard, which would give us protection.

AIBU to think we should grant oil licences and get drilling.

If not we're going to reach Net Zero a lot faster than planned and it ain't going to be pretty.

Yes. Renewable energy doesn’t supply anywhere near enough.

randomchap · 12/03/2026 09:12

crumpetswithcheeze · 12/03/2026 09:02

“The whole system revolves around the idea that the majority can be made to believe 𝐚𝐧𝐲𝐭𝐡𝐢𝐧𝐠, so long as it is repeated loudly and often. And it works”

It’s ok to not be at the point of questioning yet. I was there too, for a long time. I’m sure you’ll catch up soon.

Ah, another free thinker with zero understanding of climate science.

Man made climate change is not a lie that's been repeated. It's a fact.

The thought of it may be too much for you, knowing that it is an existential crisis. You may want to deny it, and take solace in conspiracy theories, but that doesn't change the fundamental truth.

The world is heating due to the actions of humanity. Essentially the world as we know it is fucked.

Scottishskifun · 12/03/2026 09:07

Nat6999 · 12/03/2026 05:58

We are an island surrounded by sea, why aren't we harnessing tidal power? Prices of oil are only going up due to price gouging, the oil companies use any excuse to put up prices.

Because tidal power is very expensive to install and maintain due to corrosive nature of seawater. It barely covers the costs of what it creates (it's not constant either).

It can only be installed in a few places around the country in comparison with wind and it's not as environmentally friendly as you think. It causes species avoidance, injury and seabed habitat loss. The size of area required is much greater. It also prevents fishing.

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