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To: Fenhalls555
Scotland must now face this fact: most of their income will come from North Sea petroleum production and export. What happens to an independent Scotland when the oil and natural gas run out? In that case, they're in major financial trouble, because their famous whisky industry won't be anywhere close enough to generate revenue for that country's treasury.

With the USA now dramatically increasing oil and gas production and Europe now looking at increased Norwegian oil and gas production, an independence for Scotland may now look a lot less attractive.

12 posted on 09/16/2014 5:36:36 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: RayChuang88

Excellent points.


25 posted on 09/16/2014 6:29:48 AM PDT by Fenhalls555
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To: RayChuang88
Scotland must now face this fact: most of their income will come from North Sea petroleum production and export. What happens to an independent Scotland when the oil and natural gas run out?

When? The oil hasn't run out in Venezuela

50 posted on 09/17/2014 12:30:44 AM PDT by Oztrich Boy (In Soviet Russia, Police say "please" when demanding papers.)
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