Wednesday, May 28, 2008

Gordon Brown spin feeds Sky News Headline Lies

All morning Sky News has run with a caption indicating that none know the true state of world oil reserves and that Britain's pathetic lying Prime Minister is about to do something about it. The truth of course is quite different. For decades one of the most reliable sources on world oil reserves has been that from BP, in my view it provides the industry standard. One review of last year's publication is linked here. Any economist with any acumen and every geologist would know the difference between reserves and production capacity. Any head of a government of any major or medium country could have those facts in hand in seconds. Yet this lying, incompetent and dangerous man has today gone through a completely farcial meeting in Scotland to announce that some extra marginal production from the North Sea might be possible from next year at the rate of 55,000 barrels per day (Each barrel being 42 US gallons). This is completely insignificant by any industry measure AND as marginal production is entirely dependent upon UK taxation levels. As in all other areas of the destruction of Britain's industry, economy, society and democracy the finger of blame points back to Gordon Brown.

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