My thoughts in Conservative Home on North Sea oil:
Extract:
“It’s Scotland’s Oil” was the rallying cry that put the SNP on the political map in the 1970s. And ahead of the 2014 referendum, the Yes campaign envisioned healthy offshore revenues feeding an ‘oil fund’ in an independent Scottish economy. Nicola Sturgeon even called on David Cameron to cut taxes to support the sector following a global price slump.
