North Sea Oil Flashcards

1
Q

North Sea oil extraction

A

-began in 1975
-almost 50% of UK reserves extracted
-benefiting UK £300 billion

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2
Q

North Sea oil benefits

A

-UK is less reliant on foreign energy
-UK oil production meets 67% of our needs
-reliable
-job opportunities
-new industries (positive multiplier effect)

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3
Q

North Sea oil problems

A

-non-renewable
-environmental damage (Gannet Alpha platform leaked 200+ tonnes of oil 2011)
-piper Alpha disaster 1988 (killed 167 workers, lost UK £1.7 billion)
-when oil is combusted, CO2 is released

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