Do you drive a manual or auto?

[fillyboy]

No source given to this dubious partial-truth, but it's a tax break, i.e. a discount on the vast amount of tax they do pay.

Obviously the oil industry isn't subsidised, the govt rakes in tons of cash from the oil industry at all stages. When it's extracted, fuel duty, VAT etc etc.

North Sea tax revenues plummet as windfall levy backfires

The UK Government’s decision to hike the windfall tax has backfired, with new official figures showing that revenues from oil and gas production have slumped while thousands of jobs are disappearing from the North Sea.

www.agcc.co.uk

 

[MNW67]

No source given to this dubious partial-truth, but it's a tax break, i.e. a discount on the vast amount of tax they do pay.

Obviously the oil industry isn't subsidised, the govt rakes in tons of cash from the oil industry at all stages. When it's extracted, fuel duty, VAT etc etc.

I think the VAT and fuel duty might be red herrings. We would still get that tax revenue even if we imported the gas and oil.

This is another Google AI, because I am learning as I go along.

AI Overview

The UK collected £5.4 billion in taxes from North Sea oil and gas in 2023/24, a figure that fluctuates based on energy prices and the introduction of new taxes like the Energy Profits Levy (EPL). These revenues are raised through Ring Fence Corporation Tax, the Supplementary Charge, Petroleum Revenue Tax, and the EPL, though the total has fallen from a peak of £9.9 billion in 2022/23 due to declining oil and gas prices.

 

[transam]

I wasn't posting my thoughts though, only facts.

Fact is
More like posting some BS from some green mob