Comment Re:Not going to be as rosy as the YES! campaign sa (Score 1) 494
No, I'm afraid you don't understand a few things. Firstly, Scotland's oil is small beer on the global stage. The North Sea produces ~1.5m bpd, OPEC alone is something like 30m. Scotland could turn off the taps and the planet wouldn't even blink.
Bzzzt! Sorry Wrong Answer! Try again.
And I quote: "The largest field discovered in the past 25 years is Buzzard also located off Scotland, found in June 2001 with producible reserves of almost 64×106 m (400m bbl) and an average output of 28 600 m to 30 200 m (180,000-190,000 bbl) per day." (Source here).
It's not just the production that counts - it's also the size of the reserves, the fact that Scotland is very close to its primary market (the EU) and its own stability.
And, if you happen to believe that Peak Oil is almost upon us (and there is no reason to believe otherwise) then that Oil is going to be more and more valuable as time passes...
Think Venezuela, not Norway.