Intelligence Squared Oil Today: Beyond Extraction
Oct 13, 2023
Gavin Bridge, a researcher on the UK oil sector, and James Marriott, co-author of Crude Britannia, delve into the complexities of Britain's oil industry. Jake Molloy shares his firsthand insights as a former oil rig worker, while environmental activist Gail Bradbrook discusses the urgent need for activism in light of climate challenges. They explore the intricacies of the oil supply chain, the tension between fossil fuels and renewable energy, and the workforce transition needed for a sustainable future. It's a riveting conversation about the industry's evolution and what lies ahead.
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Early Rig Experience
- Jake Molloy described his early oil rig experience, joining the industry in 1980.
- He landed on the "monster" Ninian Central, the largest concrete structure moved at the time.
UK Oil and Global Markets
- Most UK oil is exported, while UK refineries rely on imported crude.
- This is due to oil quality, refinery configurations, and flexible seaborne transport.
Government's View of Oil
- The UK government historically viewed the oil industry as a source of tax revenue.
- Colette Cohen advocates for a more mature conversation about using profits for energy transition.
