will become the world's newest
petro state.
basically, the future political
economy if goes independent,
will depend on taxing large oil
companies who are drilling in
the north sea.
a lot of that money now goes to
london.
alex salmond claims 91% will be
used in scotland.
i am anxious for both
environmental and political
reasons about scotland's high
dependence on oil, both in the
sense of being in terminal
arguments, but the political --
in terminal arguments, but
political arguments, having
large oil cavities such as the
big swiss company that owns
entirely the oil refinery in
scotland, poses a big risk.
they are the have a lot of
influence in scotland.
it is to have language reprise
under an independent scotland.
-- increase under independent
scotland.
there is the underlying argument
this would be a nice hotel
westminster elite.