Comment on Around 80% of Rosebank field oil will not be kept in UK to boost energy security
JillyB@beehaw.org 8 months agoTheoretically, that would only reduce the price proportional to the amount of new production relative to existing world production. This does little to dampen market turbulence.
Biohazard@feddit.uk 8 months ago
True. Oil companies hold up the FTSE 100 so the government are pussies about demanding taxes
echodot@feddit.uk 8 months ago
Right so why have they been granted extra licenses since they clearly are enough of a market force already. Why give them more of a share when they don’t apparently contribute anything to the economy.