Wednesday, August 21, 2013

Scottish independence: Alex Salmond and Nicola Sturgeon are banking on a second Oil boom, new report says 'worrying' decline in oil and gas production, yet again SNP leadership’s incompetence and lack of vision painfully laid bare

Dear All

Part of the fantasy that Alex Salmond and Nicola Sturgeon are spinning away like mad is that Scotland is about to be on the brink of a second Oil boom.

As well as the second Oil boom there is supposed to be a boom in renewable energy waiting in the wings.

Apparently everyone didn’t notice but Alex Salmond and Nicola Sturgeon did!


Through-out this dreadful and inept Scottish independence campaign, the ‘Oil’ that has bubbled to the surface is hate.

Hate is the ‘Oil’ that drives the SNP campaign, although the hate flows like tap water, brains dried up a long time ago.

To return to Oil, the real stuff, there is cause for concern as there been a sharp decline in production of oil and gas from British waters.

Industry leaders say this worrying, Oil and Gas are obviously useful natural assets to have, but like any assets, their availability and price is a constant problem, especially when budgets are set round predicted revenue streams which might not materalise.  

At present the Trade body Oil and Gas UK says there is record investment this year of £13.5bn. Although welcomed, this investment is won’t always be the case.

The SNP is staking a lot on their previous failed strategy of its Scotland’s Oil used in the 1970’s that SNP campaign failed!
In the annual report by Oil and Gas UK, there is a warning; the industry's economic impact highlights a sharp fall in output of 19% during 2011 and 14% in 2012.

If such cuts were passed onto through the system, Scotland’s vital services would be devastated, cuts to services and massive job losses, although the SNP present cuts as “efficiency savings”, there isn’t much room for slack.

Imagine for a moment a 19% cut in services.

Imagine one fifth of all public sector jobs gone.

One of the things which I have constantly highlighted is the need for Scottish Government and local government reform to address underlying problem issues.

George Laird right again!

The news is bad; the industry says there will be continuing decline, an unhealthy further drop of at least 8.5% during this year, with no recovery next year.

Malcolm Webb, chief executive of Oil and Gas UK, said:

"There is much more that needs to be done. Despite impressive investment in new developments, the production efficiency of existing assets has been in worrying decline, with a number of fields failing to produce as expected. The Department of Energy and Climate Change (in Whitehall) and the industry are working to tackle this serious concern through a joint task group."

Yesterday, we saw that SNP Minister John Swinney had to correct false information on job numbers which wrongly highly an increase.

Today we are seeing a report that Alex Salmond and Nicola Sturgeon should have had plans in place to deal with.

There is simply no substance, no work done and no vision having been done to make a credible attempt at Scottish independence.

The reality is that Scottish independence has been lost, not because Scotland is too poor, too wee and too stupid, but these traits can be found in the SNP leadership, they are completely out of their depth.

Oil is gushing in Scotland, the Oil of hate from the Scottish National Party, everywhere else the black stuff is drying up!

Yours sincerely

George Laird
The Campaign for Human Rights at Glasgow University 

1 comment:

Anonymous said...

The SNP don't let the voters know that in some oil fields the cost of extraction is the same as the wholesale price.
1.5 trillion pounds is not the money available to the Government. Salmond conveniently leaves out how much it costs to land it.
Smoke mirrors and snake oil.
Time he came clean.
He should admit he's selling a pup.