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It’s Scotland’s oil, and it could be Scotland’s burden Add to ...

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The fight between England and Scotland over who should be in charge of North Sea oil has finally begun. Indignant in Edinburgh, the Scottish nationalists have campaigned for a generation with the slogan “It’s Scotland’s oil,” complaining that Westminster squandered their tax money. An independent Scotland would establish an oil fund and invest for the future, the separatists say, but the truth is the oil reserves are dwindling fast – and then there is the horrendous cost of removing redundant offshore oil platforms.

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