Who owns the oil in the North sea? Is it Scotland? Has Westminster got any rights over it. If not, then is that why they don't want Scotland to become fully independant?
2006-09-07 08:40:42 · 10 answers · asked by Claire-upon-Tyne 2 in Politics & Government ➔ Politics
The oil that is pumped from British territorial waters is, at the moment, British. Geographically, if Scotland were independent, it would lie in Scottish territorial waters. That is why the UK government were happy to promote a Scottish Assembly, it gave the people a perspective of self rule without giving away the oil.
2006-09-07 09:23:55 · answer #1 · answered by bob kerr 4 · 0⤊ 0⤋
No one owns it but the UK has the license to extract the oil. There are moves afoot to give independance to Scotland and Wales but be aware that their income comes from England, and yes England still exists. The reason for the move and the reason why England is referred to as Britain is because you cannot have an Asian or African Scotsman but you can have an Asian or African Briton. Understand that? It's all part of the grand plan of the *New World Order*, or as Blair and Bush call it the *Third Way*. They want to create a secular society were we are all equal, fat chance. They along with others are dividing the world into regions all to be dependant on each other, the EU is the first step along the path. However take heart because the Bible tells us the Gentiles time is at an end and eternal world peace will be with us soon. However it also tells us this peace must come out of a conflagaration, a war situation. The time this happens, possibly 2007, stand by, it's started. Want to hear more just ask.
2006-09-07 09:03:57 · answer #2 · answered by tucksie 6 · 0⤊ 0⤋
The oil became fairly first discovered off the coast of Northern England yet Scotland gave a lot extra appropriate get admission to to the large reserves. All tax funds from the oil is going to Westminster, so that's the valuables of the united kingdom. although the biggest component to attraction to close is that the oil is processed at Grangemouth, one among Europe's best refineries and that is on the river Firth in Scotland. If Scotland became to split then the oil would likely be shared even though it would nevertheless be accessed and processed in Scotland so Scotland ought to call for a higher percentage quite than the present equipment the position Scottish everybody is conveniently kept contained in the darkish as to how a lot funds the oil makes. although the reserve can not very last more desirable than some many years so that's no longer a lengthy time period problem.
2016-11-06 20:22:46 · answer #3 · answered by ? 3 · 0⤊ 0⤋
It's Scotlands Oil!
2006-09-07 08:43:23 · answer #4 · answered by A G 4 · 0⤊ 0⤋
While the "government" may control the lease, they don't pump the oil. Oil is not a product until it comes out of the ground. For this government will lease tracts of "land" (or sea) to a company for a agreed upon price. The government receives royalties from revenue produced by the company and in return the company gets to keep the oil and sell it on the world market for market price.
2006-09-07 08:52:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Listen if it got rid of all the Scots in government destroying England and Wales they can have the oil.
2006-09-07 12:00:22 · answer #6 · answered by deadly 4 · 0⤊ 0⤋
Norway has the largest portion.
That quiet filthy rich nation with a working democracy and healthcare.
2006-09-07 08:46:13 · answer #7 · answered by 43 5 · 1⤊ 0⤋
BP is a major driller and pumper of Brent crude. Why do you think any government owns it?
2006-09-07 08:44:31 · answer #8 · answered by mymadsky 6 · 1⤊ 0⤋
plenty oil to feed everyone
2015-12-21 09:05:57 · answer #9 · answered by ? 1 · 0⤊ 0⤋
no one own it until it's drill and pump up
2006-09-07 08:43:04 · answer #10 · answered by ? 6 · 0⤊ 0⤋