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@ Vincent Cable
Business Secretary

Why, in this very difficult financial period, we do not make use of our oil assets by imposing a max price of $50 per barrel that the oil companies can take from the N Sea oil and then the uk takes 100%... Show more »Why, in this very difficult financial period, we do not make use of our oil assets by imposing a max price of $50 per barrel that the oil companies can take from the N Sea oil and then the uk takes 100% of the rest (not just the taxes) until such future date that is deemed to be fit to allow the position to be reviewed. I do not believe this cant be achieved with the will of parliament, just think if the oil goes to $100 again the uk will have additional income of at least an extra $80million a day from this levy/tax, $4 Billion a year. Just to say i have sent this plan/idea to labour and liberal and have had a typical reply which says nothing from the Treasury. Show less »

Submitted by: rexburrows | 14 votes for this..

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