Huge Oil Reserves Found in the UK

the_tyrant · 09-22-11, 08:49 PM

http://www.petroleum-economist.com/A...resources.html

I wonder if new finds like this can finally break OPEC's stranglehold on the world economy

TLAM Strike · 09-22-11, 08:56 PM

Just what we need, another Islamic country with oil...

Torplexed · 09-22-11, 09:13 PM

From my reading it sounds to me that the story is about natural gas...not oil.

the_tyrant · 09-22-11, 09:15 PM

Quote:

Originally Posted by Torplexed

From my reading it sounds to me that the story is about natural gas...not oil.

LoL, news bots are just not the same without Vendor

Torplexed · 09-22-11, 09:34 PM

Well, let's change the focus to maybe the UK can break Gazprom's stranglehold on the European economy.

magicstix · 09-22-11, 09:44 PM

Quote:

Originally Posted by TLAM Strike

Just what we need, another Islamic country with oil...

I see what you did there!

papa_smurf · 09-23-11, 04:28 AM

Its natural gas, not oil and it will be drilled using "fracking", not sure if thats good or not. Anyone here for/against fracking?

Oberon · 09-23-11, 05:32 AM

There was an earthquake in the Lancs a while back which some have attributed to fracking.

In terms of where I stand on it, well until we find ourselves a decent alternate energy source then it's a necessary evil.

JU_88 · 09-23-11, 05:39 AM

Quote:

Originally Posted by TLAM Strike

Just what we need, another Islamic country with oil...

OH NO the U.S will surely incite a war with us now and send an invasion force...we have WMDs and everything

, you already have a bunch of military bases here so should be pretty easy for you

papa_smurf · 09-23-11, 06:07 AM

Quote:

In terms of where I stand on it, well until we find ourselves a decent alternate energy source then it's a necessary evil.

Same here, especially as our current supplies of North Sea gas have peaked and now in decline and as a result we are now a net importer of gas. Will it reduce our household energy bills? maybe not judging by the latest price hikes by the "big 6" energy companies here.

Jimbuna · 09-23-11, 06:17 AM

Looking forward to a 50%+ reduction in household energy bills, a massive increase in government spending on our social infrastructure and a reduction in income tax

Betonov · 09-23-11, 06:22 AM

Quote:

Originally Posted by jimbuna

Looking forward to a 50%+ reduction in household energy bills, a massive increase in government spending on our social infrastructure and a reduction in income tax

I think it's time you change your dealer

Herr-Berbunch · 09-23-11, 06:23 AM

Quote:

Originally Posted by JU_88

OH NO the U.S will surely incite a war with us now and send an invasion force...we have WMDs and everything

, you already have a bunch of military bases here so should be pretty easy for you

Totally wrong - the U.S. will liberate us by an indescriminate bombing campaign followed swiftly by ground troops wooing the local females with their nylons and chocolate. It will ask us to join them as an equal partner and we will (join them, not be equal!), barring the tights and chocolate. Sadly our WMDs were all sold off to up-and-coming dictatorships in the '50s thru '80s.

Oberon · 09-23-11, 06:50 AM

Quote:

Originally Posted by jimbuna

Looking forward to a 50%+ reduction in household energy bills, a massive increase in government spending on our social infrastructure and a reduction in income tax

joegrundman · 09-23-11, 07:21 AM

09-22-11, 08:49 PM	#1
the_tyrant Admiral Join Date: Jun 2010 Location: Canada Posts: 2,272 Downloads: 58 Uploads: 0	Huge Oil Reserves Found in the UK http://www.petroleum-economist.com/A...resources.html I wonder if new finds like this can finally break OPEC's stranglehold on the world economy __________________ My own open source project on Sourceforge OTP.net KGB grade encryption for the rest of us

09-22-11, 08:56 PM	#2
TLAM Strike Navy Seal Join Date: Apr 2002 Location: Rochester, New York Posts: 8,633 Downloads: 29 Uploads: 6	Just what we need, another Islamic country with oil... __________________

09-22-11, 09:13 PM	#3
Torplexed Let's Sink Sumptin' ! Join Date: Dec 2001 Location: Seattle, WA Posts: 5,823 Downloads: 43 Uploads: 0	From my reading it sounds to me that the story is about natural gas...not oil. __________________ --Mobilis in Mobili--

09-22-11, 09:34 PM	#5
Torplexed Let's Sink Sumptin' ! Join Date: Dec 2001 Location: Seattle, WA Posts: 5,823 Downloads: 43 Uploads: 0	Well, let's change the focus to maybe the UK can break Gazprom's stranglehold on the European economy. __________________ --Mobilis in Mobili--

09-23-11, 04:28 AM	#7
papa_smurf Ocean Warrior Join Date: Jul 2007 Location: High Peak, Derbyshire Posts: 2,851 Downloads: 33 Uploads: 0	Its natural gas, not oil and it will be drilled using "fracking", not sure if thats good or not. Anyone here for/against fracking? __________________

09-23-11, 05:32 AM	#8
Oberon Lucky Jack Join Date: Jul 2002 Posts: 25,976 Downloads: 61 Uploads: 20	There was an earthquake in the Lancs a while back which some have attributed to fracking. In terms of where I stand on it, well until we find ourselves a decent alternate energy source then it's a necessary evil.

09-23-11, 06:17 AM	#11
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,461 Downloads: 63 Uploads: 13	Looking forward to a 50%+ reduction in household energy bills, a massive increase in government spending on our social infrastructure and a reduction in income tax __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

09-23-11, 07:21 AM	#15
joegrundman Ocean Warrior Join Date: May 2007 Posts: 2,689 Downloads: 34 Uploads: 0	__________________ "Enemy submarines are to be called U-Boats. The term submarine is to be reserved for Allied under water vessels. U-Boats are those dastardly villains who sink our ships, while submarines are those gallant and noble craft which sink theirs." Winston Churchill