You deal with it by reducing demand, not by cutting your own throat and increasing imports. OIl, and gas prouduction worldwide won't change by a single barrel just because we stop our production… (View Post)

LOL. You really have no idea do you. Near field exploration and development can bring wells on in a matter of months. I drilled a well for Dana last August on a near-field exploration target which, i… (View Post)

Not that I have seen. I have based my response entirely on the Telegraph report (dangerous I know) and the fact that Miliband said this was exactly what they would do once in office (maybe that is da… (View Post)

That just shows the ignorance of both Miliband and yourself. We constantly need those new developments simply to maintain production at anywhere near current levels. Field life is an extremely finite… (View Post)

Its a cost to the UK balance of trade. It also removes a reliable UK source for the petrochemical industry. In addition North Sea oil is much better than much of the imported stuff, particularly from… (View Post)