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To: catnipman
what an independent Scotland is going to use for money

Well if the North Sea oil fields goes with Scotland they could have a good deal of royalty money coming their way.
But I don’t see Britain letting that go without a fight.

Really? Scottish independence would pass in England by a large margin.

The UK's share of North Sea oil production has declined to just over 750,000 barrels a day US Energy Administration - United Kingdom, or less than 1/3 of Venezuela's US Energy Administration - Venezuela.

The Scots would get about 90% of the oil, or gross revenue of £10,000 per capita.

A tidy sum. It will probably take Alex Salmond 10 years to turn Scotland into an economic basket case.

65 posted on 09/06/2014 7:34:07 PM PDT by Pilsner
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To: Pilsner

Yes thats the problem. If Scotland goes independent, then they will also go bankrupt, or at least see a massive drop in their wealth and living standards. However, because of North Sea Oil it might take some time for that to happen, and people have short memories. I’m sure the people responsible will have plenty of time to make up their excuses or slither out of the difficulty.


77 posted on 09/07/2014 12:50:43 AM PDT by Vanders9
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