Follow @PoliticsIE
 
 
 
Page 1 of 160 123451151101 ... LastLast
Results 1 to 10 of 1592

Thread: Own Our Oil - Ireland's outrageously generous oil/gas exploration terms.

  1. #1
    Politics.ie Member moralhazard77's Avatar
    Join Date
    Jun 2011
    Location
    EUSSR
    Posts
    2,344
    Mentioned
    0 Post(s)

    Default Own Our Oil - Ireland's outrageously generous oil/gas exploration terms.

    I saw Eddie Hobbs on the Saturday night show talking about Own Our Oil which seeks to become the leading national citizen-led and politician-free advocacy organization committed to changing Ireland’s Oil & Gas licensing terms.

    I have thought for a long time that our politicans totally screwed us (yet again) on the terms of our oil and gas licensing agreements. It's a well known fact that Ireland has the second worst deal in the world in terms of government take from oil and gas, after only Cameroon according to a 2007 US government study. Why do Irish people always accept being exploited so blatantly?

    It wasn't always like this.

    Own Our Oil - OwnOurOil.ie
    1975 licensing terms introduced by Justin Keating meant we received royalties and retained ownership and control with state participation in exploration, development and production. During the 1980’s, Ireland’s terms were drastically changed by Ray Burke and Bertie Ahern following intensive lobbying by oil companies which led to a dramatic dilution of the benefits to Ireland of Ireland's own natural resources.
    We are practically giving the stuff away and even Pat Kenny thinks we would be better to leave it in the ground than what we are currently doing. He also describes the current situation as CRAZY and asks what I have often wondered myself why do our politicians give such outrageously generous terms to the oil companies.




    http://www.politics.ie/forum/environ...ml#post4497262

    I remember a Norwegian lawyer who specialises in oil and gas Dag Henriksen telling George Hook that he thinks our government are very passive on the terms given for the exploration rights of our natural resources. He said that in the 60's and 70's they were in the same situation as us with unexplored and untested basins but their government was very aggressive in securing future rights if the activity proved to be successful.


    The Norwegian people are aghast that the Irish people are so willing to give away their natural resources. And I accept that they probably have a lot more but the principle remains the same.




    I for one think this issue is extremely important as it's probably one of the few chances we have of getting out of the current financial situation we are in. We need to stand up and fight for this one if we are going to leave anything to our children apart from debt.
    Last edited by moralhazard77; 28th January 2013 at 01:51 AM.
    The role of the EU is to make the rich in Europe richer - Vincent Browne

  2. #2
    Politics.ie Member drummed's Avatar
    Join Date
    Oct 2010
    Location
    Belgrade Serbia
    Posts
    37,373
    Mentioned
    0 Post(s)

    Default

    Ah for feck sake............not this again.
    Сохранить Украины

  3. #3
    Politics.ie Member
    Join Date
    May 2007
    Location
    south east
    Posts
    2,067
    Mentioned
    0 Post(s)

    Default

    This issue needs as much publicity as it can get.
    There is something pigheaded about Wexford this season, something pigheaded and perverse and oddly beautiful. In certain lights they are starting to look heroic.

  4. #4
    Politics.ie Member
    Join Date
    Jan 2007
    Location
    Kildare, but really from Cork
    Posts
    8,084
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by drummed View Post
    Ah for feck sake............not this again.
    Dont worry drummed, we have it covered.

    Must call eddie and kick him up the hole.

  5. #5
    Politics.ie Member
    Join Date
    Nov 2009
    Posts
    5,220
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by moralhazard77 View Post
    I saw Eddie Hobbs on the Saturday night show talking about Own Our Oil which seeks to become the leading national citizen-led and politician-free advocacy organization committed to changing Ireland’s Oil & Gas licensing terms.

    I have thought for a long time that our politicans totally screwed us (yet again) on the terms of our oil and gas licensing agreements. It's a well known fact that Ireland has the second worst deal in the world in terms of government take from oil and gas, after only Cameroon according to a 2007 US government study. Why do Irish people always accept being exploited so blatantly?

    It wasn't always like this.

    Own Our Oil - OwnOurOil.ie


    We are practically giving the stuff away and even Pat Kenny thinks we would be better to leave it in the ground than what we are currently doing. He also asks what I have often wondered myself why are the terms so outrageously generous to the oil companies.




    http://www.politics.ie/forum/environ...ml#post4497262

    I remember a Norwegian lawyer who specialises in oil and gas Dag Henriksen telling George Hook that he thinks our government are very passive on the terms given for the exploration rights of our natural resources. He said that in the 60's and 70's they were in the same situation as us with unexplored and untested basins but their government was very aggressive in securing future rights if the activity proved to be successful.


    The Norwegian people are aghast that the Irish people are so willing to give away their natural resources. And I accept that they probably have a lot more but the principle remains the same.




    I for one think this issue is extremely important as it's probably one of the few chances we have of getting out of the current financial situation we are in. We need to stand up and fight for this one if we are going to leave anything to our children apart from debt.
    This daft conspiracy theory has been done to death..move on.

  6. #6
    Politics.ie Member
    Join Date
    Jan 2007
    Location
    Kildare, but really from Cork
    Posts
    8,084
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Armchair Activist View Post
    This issue needs as much publicity as it can get.
    What issue?

  7. #7
    Politics.ie Member
    Join Date
    Nov 2010
    Location
    Belfast
    Posts
    654
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by moralhazard77 View Post
    I saw Eddie Hobbs on the Saturday night show talking about Own Our Oil which seeks to become the leading national citizen-led and politician-free advocacy organization committed to changing Ireland’s Oil & Gas licensing terms.

    I have thought for a long time that our politicans totally screwed us (yet again) on the terms of our oil and gas licensing agreements. It's a well known fact that Ireland has the second worst deal in the world in terms of government take from oil and gas, after only Cameroon according to a 2007 US government study. Why do Irish people always accept being exploited so blatantly?

    It wasn't always like this.

    Own Our Oil - OwnOurOil.ie


    We are practically giving the stuff away and even Pat Kenny thinks we would be better to leave it in the ground than what we are currently doing. He also asks what I have often wondered myself why are the terms so outrageously generous to the oil companies.




    http://www.politics.ie/forum/environ...ml#post4497262

    I remember a Norwegian lawyer who specialises in oil and gas Dag Henriksen telling George Hook that he thinks our government are very passive on the terms given for the exploration rights of our natural resources. He said that in the 60's and 70's they were in the same situation as us with unexplored and untested basins but their government was very aggressive in securing future rights if the activity proved to be successful.


    The Norwegian people are aghast that the Irish people are so willing to give away their natural resources. And I accept that they probably have a lot more but the principle remains the same.




    I for one think this issue is extremely important as it's probably one of the few chances we have of getting out of the current financial situation we are in. We need to stand up and fight for this one if we are going to leave anything to our children apart from debt.

    I think it's a very sensible idea to try get more for our resources, deals may have been done but they can be undone to get a better return for us. However, the argument may be lost on the majority in this country, maybe not, let's see.

  8. #8
    Politics.ie Member seabhcan's Avatar
    Join Date
    Sep 2007
    Posts
    14,309
    Mentioned
    0 Post(s)

    Default

    So... the government gave the oil companies basically free oil in the 1980's - 30 years ago - and yet not a drop of oil have been extracted from Ireland to date?

  9. #9
    Politics.ie Member
    Join Date
    May 2011
    Posts
    6,915
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by IfOnly View Post
    I think it's a very sensible idea to try get more for our resources, deals may have been done but they can be undone to get a better return for us. However, the argument may be lost on the majority in this country, maybe not, let's see.
    Don't expect career politicians like Rabitte to do it in Ireland's interest though!

  10. #10
    Politics.ie Newbie
    Join Date
    Jan 2011
    Posts
    79
    Mentioned
    0 Post(s)

    Default

    [QUOTE

    I for one think this issue is extremely important as it's probably one of the few chances we have of getting out of the current financial situation we are in. We need to stand up and fight for this one if we are going to leave anything to our children apart from debt.[/QUOTE]

    the germans and french are planning on being repaid with cheap oil and a cash payment. part of the screw ireland campaign. its payback for all the gangsters we sent to europe over the years.

Page 1 of 160 123451151101 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •