Office for Budget Responsibility massively underestimates North Sea oil revenues by a factor of at least 15

Source::
John Robertson
Office for Budget Responsibility massively underestimates North Sea oil revenues by a factor of at least 15

Remember the OBR was a George Osborne creation and that it regularly forecast doom and despair for an independent Scotland back in 2014. These same forecasts were widely and gleefully used by our Unionist media. Here’s how Energy Voice reported today’s story: ‘A new report predicts UK oil and gas revenues will be £400million higher every year from now until 2023 – in the latest sign that the North Sea is on the mend. In its fiscal and economic outlook,…

Read the full article::
John Robertson
Office for Budget Responsibility massively underestimates North Sea oil revenues by a factor of at least 15