Bitcoin Forum
May 24, 2024, 05:54:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: UK to cut 90% of North Sea oil industry investment in 2016  (Read 230 times)
Jet Cash (OP)
Legendary
*
Offline Offline

Activity: 2716
Merit: 2457


https://JetCash.com


View Profile WWW
February 26, 2016, 07:40:03 AM
 #1

There is a short video about it here -
https://www.youtube.com/watch?v=FldLgb6OzVE

Despite this, our corrupt prime minister is encouraging the expansion of fracking to screw up our countryside, and to increase the banks reckless lending to frackers.

Offgrid campers allow you to enjoy life and preserve your health and wealth.
Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars.
My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
bryant.coleman
Legendary
*
Offline Offline

Activity: 3668
Merit: 1217


View Profile
February 26, 2016, 08:45:09 AM
 #2

The cost of production for North Sea oil is very high, and after all the taxes (both the EU taxes and the UK taxes), most of the oil companies might be making a net loss right now. The cost is anyway higher for the offshore rigs. But in the United Kingdom, the situation is worsened by the higher than average labor costs and freight charges.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!