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Petrol/Diesel prices

Ed Milliband, who is Eamon Ryan on steroids when it comes to the climate change stuff, is set to give permission for a new gasfield to be opened in the North Sea. Now that Eamon Ryan is gone from government, is there any chance FFG would give permission for drilling at the Barryroe site? As well as making Ireland more energy secure, it would reduce the environmentally-unfriendly transport of oil and gas from afar to our shores.
 
Ed Milliband, who is Eamon Ryan on steroids when it comes to the climate change stuff, is set to give permission for a new gasfield to be opened in the North Sea. Now that Eamon Ryan is gone from government, is there any chance FFG would give permission for drilling at the Barryroe site? As well as making Ireland more energy secure, it would reduce the environmentally-unfriendly transport of oil and gas from afar to our shores.
That article is merely speculation, and probably wrong. He hasn't withdrawn previously agreed licenses but I doubt he'll break the manifesto for it. He's very clear, and quite right, that it won't make a tack of difference to the gas price, nor bring much of anything by way of revenue.

The price of gas in the UK is set by international gas markets and the UK doesn't really tax it's gas much, especially with tax discounts for investment and decommissioning costs. Even if it could be argued that it'd help alleviate shortages, the field wouldn't be ready as a supply for a year or more.

Big political cost, very little upside. It was previously approved but blocked by the courts, could happen again.
 
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That article is merely speculation, and probably wrong. He hasn't withdrawn previously agreed licenses but I doubt he'll break the manifesto for it. He's very clear, and quite right, that it won't make a tack of difference to the gas price, nor bring much of anything by way of revenue.

The price of gas in the UK is set by international gas markets and the UK doesn't really tax it's gas much, especially with tax discounts for investment and decommissioning costs. Even if it could be argued that it'd help alleviate shortages, the field wouldn't be ready as a supply for a year or more.

Big political cost, very little upside. It was previously approved but blocked by the courts, could happen again.
On para. 1, he being "minded" to open the field is reported in various outlets so it doesn't seem speculative. The issue is also not price, nor revenue, but security of supply. Ditto, on para. 2, it might take a year to bring the new gas to households but security again is a longer term need.

On para. 3, what is the "big political cost" you are referring to, be that with Milliband's item or Barryroe? I could see that a few of the locals where the juice is brought ashore might get upset, a la the Corrib, but there'd be little downside other than that.
 
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