RE: The "Sea Lion" oil field off the Falklands surely MUST13 Mar 2022 15:59
"The UK Government, due to the Russia/Ukraine war and relations that will take a decade to repair (or Putin gone) need the UK to develop our own gas and oil so we are self sufficient, or at least can do without any Russian oil/gas"
It's not a problem for the UK - we use very little Russian oil & gas. The problem is Germany.,Italy and C Europe who are very very dependent on Russian supplies. That's what is driving up the price - and UK oil & Gas producers are allowed to sell their product at world prices.
You could insist they sell at half world prices but any long term investment would be completely shot and we'd finish up with very little production in the future