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Britain forecasted to import 80% of gas consumed as early as 2016

Friday, June 29th 2012 - 01:13 UTC
Full article 14 comments

Britain’s declining oil and gas industry may be a minnow on the world stage, 20th largest oil producer and 15th largest gas producer in 2010, but it is still remarkably important for jobs and the UK economy, reports Citywire. Read full article

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  • Doveoverdover

    How cunning of the editor to put this article just above the one on the Overseas Territories White Paper. Standby for more FI oil/gas related news...

    Jun 29th, 2012 - 08:15 am - Link - Report abuse 0
  • briton

    we just need more [wind] ??

    Jun 29th, 2012 - 12:28 pm - Link - Report abuse 0
  • Conqueror

    In his latest move, whilst waiting for a court to find him guilty of perverting the course of justice and his indeterminate imprisonment for public protection, Chris Huhne has suggested that wind farms on the Falklands, aimed at catching the wind from CFK, would serve Britain's interests. Unfortunately, the crooked numpty hasn't taken into account the 8,000 miles of cable, and the cost of laying it, necessary to get the 5 kilowatts of power to the UK!!

    Jun 29th, 2012 - 01:18 pm - Link - Report abuse 0
  • LEPRecon

    @2

    That's easy, if we all just eat more baked beans we'd have all the wind that we need. :0D

    Jun 29th, 2012 - 02:28 pm - Link - Report abuse 0
  • Britworker

    Well it could be a good thing, we are known for ingenuity and invention, I'm sure this reality will push more resources into research into renewable energy. It doesn't really bode well for Scottish independence though, I'm not sure a lot of them know they are pumping the dregs up there the way you hear them gloating about 'their oil' all the time. Still we have a least got all that cheap oil from the Falklands to look forward to. :-)))))

    Jun 29th, 2012 - 02:33 pm - Link - Report abuse 0
  • Room101

    You youngsters...We old 'uns remember that, as schoolchildren, we were emphatically taught that the UK is composed of Islands...and that the economy is ocean/seaways based; therefore most of our resources were, and are, brought in from abroad. Why should it surprise some people that we should import fuel.
    What do they teach these days? I could draw a map of the world at the age of 11-12 years - I even knew where the Falklands were...(but then we did have lots of the world map in colonial reds...) Much of that gone now, and Commonwealth instead. It may escape some peoples notice that the Commonwealth does have as much power to expel the UK, as the UK has to join others to do the same if required to others. But all on consensus. It couldn't survive otherwise.
    So much for a colonial power (as some ignorant Argentinians- but not all- with their 1940's school primers, would try to make us believe.)

    Jun 29th, 2012 - 03:22 pm - Link - Report abuse 0
  • briton

    One big gigantic windmill
    One mile high
    Sails of 1/2 a mile
    Anything is possible

    Jun 29th, 2012 - 06:56 pm - Link - Report abuse 0
  • Forgetit87

    More Britard news:

    http://www.presstv.ir/detail/248537.html

    Jun 30th, 2012 - 04:04 am - Link - Report abuse 0
  • Yomp to victory

    Nothing to worry about as there is plenty of gas getting piped in from friendly Norway

    Jun 30th, 2012 - 09:58 am - Link - Report abuse 0
  • malen

    Nothing to worry about, you can steal oil from libya, iraq, malvinas, who cares...

    Jun 30th, 2012 - 05:39 pm - Link - Report abuse 0
  • ChrisR

    7 briton
    ”One big gigantic windmill. One mile high. Sails of 1/2 a mile (dragging on the floor then? Anything (sensible) is possible.”

    Regrettably windmills really are a dead lossand not at all 'sensible'. They NEVER pay back their manufacturing, siting and running costs EVER.

    Their utility is approx 7%. Though the BBC always quote the installed capacity (which they know is never ever achied, not even close).

    If the wind fails: no electricity. If the wind is too high: no electricity. If the operators fail to stop the blades before the wind rises about max operating speed there is an excellent chance of alternator burn-out and THAT is expensive to repair, if it is indeed possible to repair (the loss of control is usually a failure of the system computer although brake failure is very common).

    Have a look on the web for 'windmill fires'.
    http://www.youtube.com/watch?v=rkGXoE3RFZ8
    http://www.youtube.com/watch?v=rkGXoE3RFZ8

    A comphrehensive report on the various disasters that are windfarms is given here:

    http://www.youtube.com/watch?v=rkGXoE3RFZ8

    As a professional engineer these devices are a disgrace to the engineers that designed, made and constructed them. They are nothing but a gigantic con, one every taxpayer to the UK is paying for in vastly increased electricity prices because of 'encouragements' paid out by the government.

    OK, I will go and have a ly down in a darkened room now.

    Jun 30th, 2012 - 06:37 pm - Link - Report abuse 0
  • briton

    mmmmm ok you win,

    What about using the full potential of our rivers, and build,
    [i think] turbines, to create power from the fast running streams,/rivers ,
    Find a very long river, and install a few, along the route,

    Im not an engineer,
    But there must be a way of creating enough electricity to serve the British isles,
    Away from some of these greedy companies
    Just a thought

    ?

    Jun 30th, 2012 - 08:07 pm - Link - Report abuse 0
  • ChrisR

    12 briton

    Yes, you can use rivers but the power is somewhat limited (due to minimal drops in height from one end to another), except for the Severn Barrage which was based on tidal flow. Do you remember that one?

    It was done to death by environmentalists and the cowardice of the politicians.

    But what do you expect from politicians that cannot even get it into their head that the UK WILL have severe shortfalls in energy because the time to act to avoid this disaster has already passed.

    Prevarication over nuclear (the only real option in my judgement) and the EU emmission dictats that mean the vast majority of the coal burning stations will have to be closed very shortly IS going to put the UK into third world supply, just like Argentina.

    Do you remember the 'power shedding' where everyone lost power for so many hours a day? Get ready it will be back with a vengeance.

    There is no thing such as 'quick build' for the number of power stations needed to avoid this politically driven disaster. But when it starts the politicians then in power will just say 'not me gov'.

    Jul 01st, 2012 - 12:46 pm - Link - Report abuse 0
  • briton

    your right,
    you can bet they wont suffer the outcome,
    but as you say, they have been told, time and time again, but they dont listen , untill its to late,
    thanks

    Jul 01st, 2012 - 06:37 pm - Link - Report abuse 0

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