The impact of North Sea oil and gas on the British economy is examined thoroughly in this book. It explores why the early years of the 1980s, when oil production had risen to the level of self-sufficiency and beyond were years of recession and unemployment. The book compares the record of British government policy with that of Norway, the Netherlands, Venezuela, Australia and Japan. Issues such as long – term energy policy are also examined.

• Cover 2
• Half Title 3
• Title Page 5
• Copyright Page 6
• Original Title Page 7
• Original Copyright Page 8
• Table of Contents 9
• Introduction 11
• Part I: Oil and Gas 19
  • 1 A Brief Retrospect of Oil and Gas in the British Economy 21
  • 2 Prospects for Oil and Gas 45
  • 3 Depletion Policy 61
• Part II: Oil and Manufacturing Industry 85
  • 4 The Effect of Oil Exploitation on the Industrial Sector 87
  • 5 The Experience of Other Countries 105