Why can't we keep Scottish oil?

[pharmachameleon]

I'll start off by saying I am against Scottish independence on economic grounds. Voted no in 2014 and haven't changed my mind. However I was out with a friend at the weekend who is for Scottish independence and I didn't really have the answers to the discussions we had.
We were talking specifically about oil (we did have fun really-this was the only serious topic we discussed!) He said in 2014 one of the big arguments from the unionist side was 'THERE IS NO OIL LEFT' however now with the new oil contact granted in Rosebank this argument has been disproved.
Can I play devil's advocate and ask why can't Scotland keep the revenues from oil drilled off Scottish waters? I realise these waters are UK waters however why can't they be Scottish? Ignoring the net zero targets of course!
I realise this question makes me sound like an idiot so I'd never ask it in real life-only on anonymous Mumsnet! Can anyone help me understand?

Hahaha! 🤣 Oh, and are they coming in 'boats'? ;)

I have family and friends in Scotland, its mainly upper middle class people.

🤣 Tick-Tock!

No, nothing to do with the SNP, of which British Nationalists are obsessed!

Grangemouth is privately owned, and it being closed in order to make Scotland weaker to make it harder for them to 'Scexit' as I read someone calling it the other day.

They say they are closing it. But they said that a few years ago, 2014 to be exact. ;)

blah blah blah/.... lol 😜

No, actually I'm not ignorant ( but thank you for the name-calling, clearly you have no argument!)

I have been reading about this since around 2002, and I am extremely well-versed on this topic. I have no need to read a thread of people talking about 'benefits claimant', 'brain drains', the 'long grass of economics' (inaccurately of course!) and how Scotland is 'rubbish'.

The way England has treated the Scottish, it is no wonder they want to leave.
It is England thats essentially 'broken' and dependent on the Scottish for oil and electricity, also their vast tax contribution to the London Treasury also.

England is running out of water also, as water stress is something affecting especially the South of England.

If Scotland was one tenth as bad as you all say it is, then your really rather 'dishonest' British Government would be holding the door open for them, -not trying to bolt it shut! 😉

If you want to see what people really are thinking, take a look at their actions.

The Scottish are leaving, it's not something that can be stopped now. (they will try, though)

Even Boris Johnson said; 'England will be dependent on Scotland for energy for the foreseeable future'

Youth grow up.

I have family and friends in Scotland

Ah, you lack of understanding becomes more apparent; you don’t live here and rely on hearsay and nationalist propaganda.

It was quite interesting how Norway v UK tackled north sea oil.

The arguaments I have seen relate to the investment in the technology to extract the oil didn't come from Scotland but the uk as a whole and some differences of opinion where you would draw the border in the sea.

No idea on the validity of either.

Learn to type 😉😜 (and form an argument!)

No, I have family and friends in Scotland who told me first hand -the opposite of what you just stated 🤣

Hi there Spendonsend 😊

-so in 1999 the Uk Government moved the Maritime Boundary to 'give' England 6,000 miles of Scottish Sea Territory. Not by coincidence, they contain Scottish oil fields.

They were stolen from The Scottish because England and the wider Uk are dependent on Scottish oil revenues, worth into the Trillions of pounds.
(cue the usual, hackneyed, incorrect/dishonest claims about oil running out/oil is somehow defective/ how the person typing this doesnt know what they are talking about/personal attacks etc etc 🤣)

If you're interested @Spendonsend you could watch this short video;

In other words, hearsay. As I said

@Spendonsend Here's another one, by the BBC;

@RobG thank you. I will take a look.

Ahhhh it only took 5 minutes! 🤣🤣🤣

No I have been reading about this for over 20 years, I once lived in Aberdeen on the East of Scotland. I have friends who work in oil there. My Family etc etc.

You're just another anonymous 'nay sayer' with no argument. 😜

I wish you well 🤣👍

Revenue from all UK North Sea oil was £9bn in 2022-23. Revenue in the year before was £1.4bn. Fluctuations were due to fluctuating market value of oil. Do you want to give up the extra money we get from rUK (our share of the city of London vast tax receipts) aporox £20bn last year, for that?

@Spendonsend -you're very welcome! 😊

It's an interesting subject, Scotlands oil. The 'cover-up' is huge!

The British Government are terrified:

@Spendonsend :

The McCrone Report

Scotland's oil revenue has been underwriting the UK's failure to balance the books for decades.

@RobG your spouting bizarre propaganda rather then facts.

The energy requirements for the grid are made up roughly of 50% renewable (in a year greater proportions when its windy etc) and 50% other including oil and gas roughly 32%.

The makeup of the product is dependent on location typically southern North Sea are gas fields northern North Sea heavier crude. There is no refinery which can process heavier crude. Grangemouth is mainly lighter fuels and petrochemicals.

I have worked in the energy sector for the last 15 years speaking to your friends doesn't really give much in the way of facts of industry, how the fiscal regime works or oil and gas taxation.
What your also failing to acknowledge is the huge decommissioning costs (which the tax payer contributes to) and very aging assets and basin. Its just as much a headache as it is a benefit!

As for the "stole" Scotlands oil well its been the UK for considerable time and the lines are infact to 12 nautical miles for different areas boundaries (including Ireland, Wales and Isle of Man) then legislation becomes offshore legislation.

Water shortage is a problem in the South East of England but currently there isn't some large pipeline which pumps water from Scotland to Surrey! You have Highland Spring but that's a business which sells bottled water....

@Spendonsend Norway set up is different from the UK they set up the oil fund from pretty much the start. UK went down the tax path instead. The UK would have needed to start this 30 years ago it's too much an aged basin to start at this point especially given the large scale decommissioning which is occurring.
Norway however is also higher on taxation.

Zombie thread started by an independence loon (is there any other kind?) in time to rile people up around the election.

Have we got to the secret oil fields yet? Or shall we just stick to camper vans and the stamp fairy for now?

Nothing to see here and I dgaf if this gets deleted as well.

There isnt any extra money coming from England to Scotland.

There is only a subsidy from Scotland going to England.

They are constantly lying about their Scottish oil and energy revenues.

Same as they lied to the English People about Brexit.

Think about it;

If the Scots are a drain on Englands resources, would England fight to keep Scotland in the Uk?

Of course it wouldnt.

-none of what I just wrote above is a secret.

Oh? You had a comment deleted? I wonder what for? 🤣

Seriously, here is everything you need to know; 😉

The Secret the Scottish dont want you to know

The Scottish are seriously rich:

The Scottish are seriously rich

@Liverpoolma123

100% 👏👏👏

@Scottishskifun

Heheh.... 😀

Scotlands water to help Englands water shortage?

This has been discussed many times. You really need to keep up;

Englands water shortage