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Oil companies making more at $50 per barrel than they did at £100 per barrel yet the UK Government is not taxing them. Is this a ploy to undermine the case for Scottish independence or just interlocking elite corruption?

August 5, 2017

Talking-up Scotland


(c) (Shell payments to the UK)

According to Goldman Sachs, in Oil and Gas People:

‘Oil majors are raking in more cash now than they did in the heyday of $100 oil, according to Goldman Sachs Group Inc. Integrated giants like BP Plc and Royal Dutch Shell Plc have adapted to lower prices by cutting costs and improving operations, analysts at the bank including Michele Della Vigna said in a research note Wednesday. European majors made more cash during the first half of this year, when Brent averaged $52/bbl, than they did in the first half of 2014 when prices were $109.’

Why then are we not hearing of a flow of revenue to the UK treasury in 2017, as we did of the single year of losses in 2016? I think the answer is simple. They’re not being taxed and the Unionist media are not interested…

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