Hands up if you love Ambrose Evans-Pritchard?
Well, love ‘im or hate him … here is his take on the Scottish referendum … and he doesn’t pull any punches …
By the time an independent Scotland is allowed into the European Union – perhaps in the early 2020s, perhaps later unless Spain, Italy and others relent – the world’s oil industry will already be in structural decline.
Much of Scotland’s projected oil wealth will no longer exist
Both Washington and Beijing were shocked out of complacency by the 2008 oil crisis, but few seem to have noticed this in Scotland.
There is a strangely dated feel to the claims and counter-claims of the Yes and No sides on the scale of Scotland’s reserves, as if we are still living in the 20th century.
Much more: Scotland may find it has no EU, no currency and not much oil
