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Positive information relating to the 2014 Referendum on Scottish Independenc
Curated by Jim Arnott
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Rescooped by Jim Arnott from Referendum 2014
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Independence: Oil ‘a bonus’ in independent Scotland

Independence: Oil ‘a bonus’ in independent Scotland | SayYes2Scotland | Scoop.it
AN INDEPENDENT Scotland will benefit from a North Sea oil “boom” but will not become over-reliant on the offshore industry, a Scottish Government paper will claim this week.

Via Peter A Bell
Jim Arnott's insight:

Oil will be the icing on the top of the Scottish Independence cake.

 

Vote Yes in the 2014 Referendum on independence for Scotland.

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Salmond: Scotland’s ‘oil boom’ to bring billions

Salmond: Scotland’s ‘oil boom’ to bring billions | SayYes2Scotland | Scoop.it
TAX revenues from Scotland’s oil and gas industry could soar to three times more than official estimates – to almost £12 billion by 2018 – according to the Scottish Government.

Via Peter A Bell
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Peter A Bell's curator insight, March 12, 2013 5:55 AM

John McLaren and Jo Armstrong appear to be unaware of the fact that we already have a "pessimistic scenario" in the shape of the leaked discussion paper. Which is surprising given the extraordinary fuss that has been made about the document by the British parties and the unionist media.

John Swinney's forecasts, none of which were anything like as calamitous as the anti-independence campaign claims, were based on figures from the UK Government's Office of Budget Responsibility (OBR) which included a very low oil price of $90. What is that if not a worst-case scenario.

And let us not forget that even with this worst-case scenario Scotland's prospects as an independent country look considerably better than as part of the UK.

While some experts may predict oil falling to sub-$100 levels none expects the price to languish at such levels for any length of time. At worst, this is the bottom end of the range within which prices will fluctuate. That's what volatility means. It does not mean, as unionists would have people believe, that things must always and inevitably work out for the worst.

There will be good years and bad years for oil revenues. What the people of Scotland need to remember is that successive UK Governments have utterly failed to manage these revenues in such a way as to smooth the impact of such fluctuations, or to provide for the time when the revenues must eventually decline. And yet they want us to believe that we should continue to entrust them with the husbanding of our resources.

Why would we do that?

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Oil Analysis shows boom years ahead

Oil Analysis shows boom years ahead | SayYes2Scotland | Scoop.it

Scotland’s long-term future as a major oil-producing nation and European energy powerhouse was confirmed today with new analysis showing the country is in line for a renewed oil boom in the coming years.


Via Peter A Bell
Jim Arnott's insight:

At last some expert analysis of Scotland's oild potential. No need to rely on misleading data from the OBR or the IFS. The recent boom in North Sea investment is proof if any were needed of the oil industries faith in North Sea oil production.

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Gavin McCrone backs new North Sea oil fund, but warns of perils

Gavin McCrone backs new North Sea oil fund, but warns of perils | SayYes2Scotland | Scoop.it
Author of a famous civil service paper on North Sea oil and Scottish nationalism in 1974, McCrone stands by his analysis and says declining oil wealth can still be conserved

Via Peter A Bell
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Rescooped by Jim Arnott from Politics Scotland
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Oil & Gas UK welcomes Scottish Government’s first Oil and Gas Analytical Bulletin

Oil & Gas UK welcomes the publication today of the Scottish Government’s first Oil and Gas Analytical Bulletin.  The document supports our view that the offshore oil and gas industry is an industry with a future and one worth working hard for.  It occupies an important place in the economy, not just because of the revenues it generates – as highlighted by this document – but also for the jobs it provides, the security of primary energy supply and the business opportunities it presents for companies in the supply chain across the country.


Via Peter A Bell
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Oil can give SNP the jump on Unionist rivals

This week Finance Secretary John Swinney will publish his forecasts for the oil revenue which could accrue to an independent Scotland after 2016 ...


Via Peter A Bell
Jim Arnott's insight:

All Scots should read the McCrobe Report. They lied to us in 1975 and they are doing it again in 2013. Who are they: The Westminster Government" and their cohorts. The McCrone Report which was buried for 30 years is a must read. Any Google search will find it easily.

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