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


moralhazard77

Well-known member
Joined
Jun 3, 2011
Messages
2,344
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.

[video=youtube;2Wysej_JOlA]http://www.youtube.com/watch?v=2Wysej_JOlA[/video]


http://www.politics.ie/forum/environment/173275-thirteen-new-licences-have-been-granted-gas-oil-exploration-5.html#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.

[video=youtube_share;76VOnzXQMsU]http://youtu.be/76VOnzXQMsU[/video]


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:


drummed

Well-known member
Joined
Oct 22, 2010
Messages
37,436
Ah for feck sake............not this again.
 

Armchair Activist

Well-known member
Joined
May 6, 2007
Messages
2,068
This issue needs as much publicity as it can get.
 

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
Ah for feck sake............not this again.
Dont worry drummed, we have it covered.

Must call eddie and kick him up the hole.
 

ManUnited

Well-known member
Joined
Nov 16, 2009
Messages
5,221
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.

[video=youtube;2Wysej_JOlA]http://www.youtube.com/watch?v=2Wysej_JOlA[/video]


http://www.politics.ie/forum/environment/173275-thirteen-new-licences-have-been-granted-gas-oil-exploration-5.html#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.

[video=youtube_share;76VOnzXQMsU]http://youtu.be/76VOnzXQMsU[/video]


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.
 

IfOnly

Well-known member
Joined
Nov 27, 2010
Messages
655
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.

[video=youtube;2Wysej_JOlA]http://www.youtube.com/watch?v=2Wysej_JOlA[/video]


http://www.politics.ie/forum/environment/173275-thirteen-new-licences-have-been-granted-gas-oil-exploration-5.html#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.

[video=youtube_share;76VOnzXQMsU]http://youtu.be/76VOnzXQMsU[/video]


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.
 

venusian

Well-known member
Joined
May 26, 2011
Messages
6,920
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!
 

omurchu

Member
Joined
Jan 15, 2011
Messages
79
[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.
 

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
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?
The first cannon has been sounded, I might allow this thread to follow the narrative contained in the Hunger games, each cannon boom represents a fact.
 

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
[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.
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.[/QUOTE]
c

Could you please tidy up your post, we might comment on it then.....
 

junius

Well-known member
Joined
Jul 31, 2010
Messages
3,700
The first cannon has been sounded, I might allow this thread to follow the narrative contained in the Hunger games, each cannon boom represents a fact.
How generous of you!! I bet you won't be able to............ you never are!:roll: I'll come back and 'like' all the posts that strike you a hard blow!!:lol::lol:
 
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moralhazard77

Well-known member
Joined
Jun 3, 2011
Messages
2,344
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.
I wouldn't be so sure about that. I think people realise what's going on and will get behind Own Our Oil. We need to force the government to get better terms and the need is so desperate now it's something practical we can do to improve our situation.
 

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
How generous of you!! I bet you won't be able to............ you never are!:roll:
You are stalking me now, did you get any gold from Saudi ?
 

bob3367

Well-known member
Joined
Jan 11, 2007
Messages
8,083
I wouldn't be so sure about that. I think people realise what's going on and will get behind Own Our Oil. We need to force the government to get better terms and the need is so desperate now it's something practical we can do to improve our situation.
What oil?
 

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