We can go oil the way on independence
Fuel cash less vital than in Norway, say Nats
Oil Revenue ... oil only accounts for a fifth of Scotland's income
By MARK McLAUGHLIN
SCOTLAND can succeed as an independent nation because we rely LESS on oil revenue than Norway, the SNP claimed last night.
Nats chiefs said figures showed North Sea revenues made up just a fifth of our annual income in the last decade.
That compared to 36½ per cent for the crude-rich Scandinavians, according to their stats.
They insisted the figures blew a “major hole” in pro-Union claims the Scots economy is too oil-dependent.
MSP Maureen Watt said: “Anti-independence politicians make bizarre claims that having a major natural resource to call on is somehow a bad thing.
“If that’s the case how do they explain the success of Norway which is significantly more reliant on its oil and gas?
“You’d struggle to find anyone prepared to criticise the strength of their economy.” The Scottish Parliament Information Centre stats showed Scotland raised £45billion in taxes and £8billion from oil revenues in the year 2010/11. Norway raked in £94billion in taxation and £39billion in oil money.
But Green MSP Patrick Harvie said Scotland should stop “chasing after every last drop of oil” and look to renewables instead.
He said: “What independence offers is the chance to speed up the shift away from oil and on to clean energy.”
Last night a spokesman for the Better Together campaign said: “Only in the confused world of nationalism could having up to one fifth of your economy reliant on a finite, volatile resource be considered good news