Dunfermline BS Goes Bust

[joe-90]

The reason no refineries are being built should tell you something. Yup - they are not expecting much oil to refine.

 

[ub7rm]

True to some extent. But the problem is economic, not lack of inventory.

 

[namsag]

So joe is that why National Grid are not spening the 4 billion on the gas network to bring it up to standard.
Because there will be no gas to put in it

 

[joe-90]

So joe is that why National Grid are not spening the 4 billion on the gas network to bring it up to standard.
Because there will be no gas to put in it

How much are you talking about? Don't we import gas from Norway?

 

[namsag]

Do a wee search and you will find where we now iimport from. wee clue its frozen.

JOE its really siimple if you want to argue do a bit of research on net so you dont make an ar@e of yourself

 

[joe-90]

cant be bothered. It's oil we are short of.

 

[namsag]

Showing your limited intelligence in regards the combination of the 2

 

[joe-90]

Yes.

 

[namsag]

No need to reply joe.Wehave already worked that out

 

[joe-90]

No need to reply joe.Wehave already worked that out

Who's 'we'? who else do you speak for?

 

[namsag]

Me and them

 

[str]

i think by the present calculations, there are about 80 years left of oil and gas exploration within North sea fields and this will only grow, as ub7rm said, technology is improving at such a rate that they are finding new ways to get the oli and gas out of fields that they have already left - this means that a lot of the smaller exploration companies are getting in on the act, at they can exploit these fields more economically than the bigger guys (ie shell, BP, etc)

The whole agrument of england bailing out scotland is carp - you can't ignore that benefit of the revenue from oil and gas to the UK economy over the past X years.

and before any acuses me of being anti english, i do not think scotland would benefit from independance as its too late to make the most of the oil and gas revenues

 

[blondini]

Has anyone mentioned The Barnett Formula?

 

[joe-90]

i think by the present calculations, there are about 80 years left of oil and gas exploration within North sea fields and this will only grow, as ub7rm said, technology is improving at such a rate that they are finding new ways to get the oli and gas out of fields that they have already left - this means that a lot of the smaller exploration companies are getting in on the act, at they can exploit these fields more economically than the bigger guys (ie shell, BP, etc)

The whole agrument of england bailing out scotland is carp - you can't ignore that benefit of the revenue from oil and gas to the UK economy over the past X years.

and before any acuses me of being anti english, i do not think scotland would benefit from independance as its too late to make the most of the oil and gas revenues

The world uses 87 million barrels a day (before the economy crashed). How many barrels does the Nth Sea contribute?

 

[Sparkin]

Has anyone mentioned The Barnett Formula?

Fault! Mod, sir, blondini is inciting racial hatred