THE REAL STATE OF SCOTLAND’S OIL AND GAS RESERVES
The oil and gas potential of the Scottish Atlantic Margin is VAST. However, the Scottish North Sea is often used as an area for certain individuals to `bleat` about “declining“ Scottish oil and gas reserves and revenues. The web site http://www.petroleum.co.uk (2014) contains a quote which will silence the gloom and doom merchants. It states, “The North Sea crude oil fields are still fairly full and are arguably the second most influential oilfields (in the world) in economic terms“. Not much “declining“ there, is there? Add this to the Scottish Atlantic Margin oil and gas reserves and it will be a very long time indeed before Scottish oil and gas reserves come anywhere near “declining“ depending on extraction rates. For Scotland, there is everything to “play“ for, and the rewards for an independent Scotland will not only be significant, but IMMENSELY SIGNIFICANT.
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