Scottish city prepares for when oil runs out

BB

The UK Government has bled the industry from day one , there's oil out there but it needs investment . Whatever we think , at heart we need the black stuff to keep the world going - we need to minimise use but keep in coming . Less than 50% is extracted from the fields , investment in technology to improve on this is required . And all Gordon Brown and Co do is tax , tax , tax,.

Martin

Unfortunately, a lot of the oil that is "out there" is an utter eco disaster to extract (like the canadian tar sands), so there is only really one answer - minimise it's use, mostly because of the eco damage that the stuff does when used.........
There's a loony fringe thing doing the rounds at the moment where people are claiming that "peak oil" is all a plot, and that oil is constantly being created underground (presumably by the fairies) - my answer is always the same- "so what, we need to stop using the damn stuff because of the damage it does......"
I would agree though that the UK government accepted oil as part of the family silver to be flogged off, and put clutter all back into Scotland from whence it came.........

Martin

http://www.co-operativecampaigns.co.uk/toxicfuels/beavercreenation.php

flingdizz

I would have to agree with BB. If the UK government did not tax the UK oil producers to the high hilt, the existing platforms would have much longer economic life, therefore maintaining flow of oil, buying us more time to get economic environmnentally sustainable options in place. This in turn would mean that the "Giants" would not find places like the Canadian tar sands so economically appealing (which compared to the existing rigs in the world cost heaps more to operate -fact).

Unfortunately the Oil giants are goverened by money and not by love. Until the economic levers are manipulated to make a change, nothing will change.