Sturgeon’s Hopes Plunge With Oil

oil-plunge-hits-snp

When Scotland’s First Minister Nicola Sturgeon was challenged by Murnaghan on Sky this morning about falling oil prices she claimed “the projection is that oil prices will be over $100 a barrel next year … the outlooks in the sector are very, very positive ones.” She has to believe that, the SNP’s whole economic strategy depends on high oil prices…

Oil closed on Friday at $70 a barrel, the forward futures price is no higher than $80 a barrel for delivery every month next year. She might be selling snake oil, but no one is buying oil above $100 next year…

mdi-tag-outline Freedom for Scotland
mdi-account-multiple-outline Nicola Sturgeon
mdi-timer November 30 2014 @ 20:46 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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