When an alert reader pointed us to a story yesterday in the comments, we were too busy to get round to covering it and now all the mainstream media has picked it up and we’re behind the times. But having looked at the media’s reporting of it, we couldn’t help noticing something strange.
Can anyone spot the word that’s curiously missing from all these headlines, straplines and opening paragraphs?
Got it yet?
When oil is volatile and running out, it’s in Scotland. When it’s the source of a £200bn “bonanza”, hey, look what country it belongs to again all of a sudden.
£200bn over 20 years is £10bn a year. Allocating the appropriate geographic share would, very roughly speaking, double the average annual revenue coming in to an independent Scottish Treasury from the North Sea, comfortably plugging Scotland’s entire deficit of £3.4bn with billions left over.
So it’s quite the mystery why none of the press headlines, even in Scottish newspapers, take that particular angle to reporting the story, wouldn’t you say?