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Written question asked by Frank Roy (Labour) on Tuesday, 6 January 2015, in the House of Commons. It was due for an answer on Wednesday, 14 January 2015 (named day). It was answered by Alistair Carmichael (Liberal Democrat) on Wednesday, 14 January 2015 on behalf of the Scotland Office.


Oil: Prices

Question

To ask the Secretary of State for Scotland, what assessment he has made of the potential effect on jobs in Scotland of the fall in the price of oil.

Answer

Sustained lower oil prices are clearly challenging for companies active in the North Sea.

The UK Government is committed to the long-term support of this vital industry that creates jobs and generates investment. This support includes the full implementation of the Wood Review recommendations and the package of fiscal changes and initiatives announced by the Treasury in early December designed to ease the tax burden on the industry.


Secondary information

Type
Written question
Reference
906930
Session
2014-15
Question not reached
Yes
Subjects
Employment Oil Prices Scotland
Link
View this Written question on www.parliament.uk