There are at least 40 years oil in developed fields in the North Sea and a number of exploration fields that will keep a sustainable industry for many years to come Ian Wood Chairman Wood Group Aberdeen £800 billion in the Bank, 2 months before the Referendum. The oil in the North Sea is only Sustainable for another 15 years, I dont want my grandchildren having to rely on foodbanks Ian Wood one week before the Referendum. Fracking is the safe reliable energy of the future Ian Wood on being granted the first 3 Fracking Licences 2 weeks after the Referendum. The oil industry is in crisis and extraction from the North Sea could cease to be within 5 years Ian Wood after the price of oil dropped below $60 dollars a barrel on Monday. In the short term there could be redundancies but with the price of oil expected to rise again over the next 6 months the North Sea will recover, exploration of new fields will continue Ian Wood today after New York bans Fracking due to health and safety risks, Ian Wood Specialist Energy Adviser to David Cameron and Co, who has made a personal £800 million fortune from North Sea Oil, who is set to make £millions from Fracking and who worries about his grandkids relying on foodbanks, feel for him I really do!!!
Posted on: Sat, 20 Dec 2014 12:08:56 +0000
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