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Old 14-01-2014, 08:33 PM   #1
ryeman
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Default North Sea Oil; a Tale of Two Countries

An article in The Guardian...Dude!, Where's My North Sea Oil Money is worth a read....(can someone provide the link for this backward old man?)

Imagine it was Australia's mineral wealth, makes you think if we truly are a 'sovereign' country.

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Old 14-01-2014, 09:57 PM   #2
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Default Re: North Sea Oil; a Tale of Two Countries

Here it is. Is interesting!

http://www.theguardian.com/commentis...orwegians-fund
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Old 14-01-2014, 10:04 PM   #3
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Default Re: North Sea Oil; a Tale of Two Countries

that was a good read
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Old 14-01-2014, 10:56 PM   #4
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Default Re: North Sea Oil; a Tale of Two Countries

Clive Palmer just PMed me and asked for this thread to be locked
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Old 14-01-2014, 11:08 PM   #5
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Default Re: North Sea Oil; a Tale of Two Countries

Hi just thought I stick my head in before the lock!
I have much respect for the Norwegians.

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Old 14-01-2014, 11:22 PM   #6
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Default Re: North Sea Oil; a Tale of Two Countries

Shows what a government can do with foresight and vision, and not just focussing on saving their hides for the next election. Australian politics is too focussed on the next election and not what is best for the country. No wonder things are turning so pear shaped.
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Old 15-01-2014, 12:15 AM   #7
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Default Re: North Sea Oil; a Tale of Two Countries

Imagine if this country squirreled away funds from our mineral wealth, and had done for some time. I wonder how things would be....
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Old 15-01-2014, 12:23 AM   #8
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Default Re: North Sea Oil; a Tale of Two Countries

Many Norwegians claim the government squirrels away too much of their money as they have hospitals, roads etc being neglected.
Their fund is pretty rich though, and they are the wealthiest country per capita in the world.
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Old 15-01-2014, 07:43 AM   #9
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Default Re: North Sea Oil; a Tale of Two Countries

Norway is the worlds largest producer of oil and gas outside of the Middle East. Population just over 5 million. Why would anyone be surprised that they're cashed up?
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Old 15-01-2014, 08:16 AM   #10
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Default Re: North Sea Oil; a Tale of Two Countries

Interesting read, kudos to the pollies that had the foresight and will to do this
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Old 15-01-2014, 08:29 AM   #11
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Default Re: North Sea Oil; a Tale of Two Countries

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Originally Posted by cheap View Post
Norway is the worlds largest producer of oil and gas outside of the Middle East. Population just over 5 million. Why would anyone be surprised that they're cashed up?
I think you will find they don't even make the top ten.
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Old 15-01-2014, 08:58 AM   #12
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Default Re: North Sea Oil; a Tale of Two Countries

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I think you will find they don't even make the top ten.
My bad. On a per capita basis they're the worlds largest producer of oil outside of the Middle East.
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Old 15-01-2014, 09:11 AM   #13
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Default Re: North Sea Oil; a Tale of Two Countries

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My bad. On a per capita basis they're the worlds largest producer of oil outside of the Middle East.
And they're both in decline.
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Old 15-01-2014, 10:30 AM   #14
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Default Re: North Sea Oil; a Tale of Two Countries

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Clive Palmer just PMed me and asked for this thread to be locked
Clive Palmer actually wanted to buy a hospital that the governemnt was going to close in Queensland and keep it as a public hospital but the Queensland governemnt refused. Clive Palmer actually tried to use his wealth for some good in Queensland just like he has done in the north west of WA investing in Aboriginal education and health programmes, something the ABC and other media hate to report.
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Old 15-01-2014, 01:17 PM   #15
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Default Re: North Sea Oil; a Tale of Two Countries

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Clive Palmer actually wanted to buy a hospital that the governemnt was going to close in Queensland and keep it as a public hospital but the Queensland governemnt refused. Clive Palmer actually tried to use his wealth for some good in Queensland just like he has done in the north west of WA investing in Aboriginal education and health programmes, something the ABC and other media hate to report.
Is that you Clive?
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