March 11, 2009
Ireland and its continental shelf contains very large deposits of oil and natural gas . We need to develop these areas with a National Oil and Gas Company owned by the State. Norwegian model is a good example with Statoil. Instead of throwing billions to stupid incompetent and corrupt banking industry , use those billions to develop the natural resources. We can be a real player like Norway ,we just need to get the final agreements on the Atlantic continental shelf and start working. Europe and UK is running out of resources and we are placed perfectly to be a stable supplier.