Comments Actually, the UK has been publishing tax revenues from oil and gas since 1975. www.gov.uk/government/uploads/system/uploads/attachment_data/file/323371/140620_UK_oil_and_gas_tables_for_publication_in_June_2014.pdf. See also detailed analysis of the reserves, production, costs and tax receipts here http://goxi.org/profiles/blogs/national-hydrocarbon-accounting-a-new-methodology-for-oil-rich. I suspect neither shale gas nor EITI membership will make much difference to the UK now which, I agree did not make good use of what was once a considerable resource (42 billion barrels produced to date). Log in or register to post comments
Actually, the UK has been publishing tax revenues from oil and gas since 1975. www.gov.uk/government/uploads/system/uploads/attachment_data/file/323371/140620_UK_oil_and_gas_tables_for_publication_in_June_2014.pdf. See also detailed analysis of the reserves, production, costs and tax receipts here http://goxi.org/profiles/blogs/national-hydrocarbon-accounting-a-new-methodology-for-oil-rich. I suspect neither shale gas nor EITI membership will make much difference to the UK now which, I agree did not make good use of what was once a considerable resource (42 billion barrels produced to date). Log in or register to post comments
Actually, the UK has been publishing tax revenues from oil and gas since 1975. www.gov.uk/government/uploads/system/uploads/attachment_data/file/323371/140620_UK_oil_and_gas_tables_for_publication_in_June_2014.pdf.
See also detailed analysis of the reserves, production, costs and tax receipts here http://goxi.org/profiles/blogs/national-hydrocarbon-accounting-a-new-methodology-for-oil-rich.
I suspect neither shale gas nor EITI membership will make much difference to the UK now which, I agree did not make good use of what was once a considerable resource (42 billion barrels produced to date).