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Thread: Cork - Ireland's Saudi Arabia

  1. #16
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by 5intheface View Post
    But just imagine the suspect list when someone asks, 'Who shot JR?'

  2. #17
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by 5intheface View Post
    I see the Shinners have already begun a coup taking over government buildings in Cork;

    The sound of photocopying and smell of toner permeates for miles around

  3. #18
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    Default Re: Cork - Ireland's Saudi Arabia

    Jokes aside, while this would be good news indeed if this state had an oil & gas taxation policy that delivered benefits to the general public rather than to Big Oil, the public finances will not see a penny in tax paid on production from this well for a very long time, if ever. Providence's exploration costs (not 'well-specific') from the 25 years previous to the date that field goes into production can be set against their potential tax liability, meaning we are effectively paying for Sir Anthony's oil & gas gambles from the previous quarter-century, while he gets to pocket all the profits. There will be more of these 'finds' over the next few years, just to make sure all the entreprenhoors get on this gravy train before the desperation of austerity-addled govts. forces Oireland Inc. to re-examine the Burke/Ahern/Ryan terms for oil & gas production.
    "It is we the workers who built these palaces and cities here in Spain and in America and everywhere. We, the workers, can build others to take their place. And better ones! We are not in the least afraid of ruins. We are going to inherit the earth; there is not the slightest doubt about that. The bourgeoisie might blast and ruin its own world before it leaves the stage of history. We carry a new world here, in our hearts."
    — Buenaventura Durruti

  4. #19
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by 5intheface View Post
    I see the Shinners have already begun a coup taking over government buildings in Cork;

    Give me a misty day, pearly gray, silver, silky faced, wide-awake crescent-shaped smile

  5. #20
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by Andrew49 View Post
    Jeez they do counter-revolutions very quickly in Cork!
    http://ancruiskeenlawnmower.wordpress.com/

    If dreams were lightning, thunder was desire, this whole place would have burned down, a long time ago.

  6. #21
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    Default Re: Cork - Ireland's Saudi Arabia

    Is there any reason to believe that Cork will see a cent of this?

  7. #22
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by C. Flower View Post
    Is there any reason to believe that Cork will see a cent of this?
    Don't ask such questions.
    Freedom hater.
    "This isn't working,
    My middle-brow f**ker"

  8. #23
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    Default Re: Cork - Ireland's Saudi Arabia

    I'm sure, Comrade Obese Bunny has great plans for the Corkie's new riches.
    Thus all which you call Sin, Destruction—in brief, Evil—that is my true element.

  9. #24
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by C. Flower View Post
    Is there any reason to believe that Cork will see a cent of this?
    Just before anyone gets too excited, that well is producing just over 3000 barrels of oil a day. Our national daily usage is 200,000 barrels, I think.

    A Ghawar sized find and answer to our economic ills this is not, regardless of whether Beans O'Reilly ever pays any corpo tax or not.

    The only hope is that it might encourage others to go looking for more.

  10. #25
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by DCon View Post
    And Mary-Lou already has the obligatory hyphenated name. Great foresight!
    Sinn Feins deadweights?
    Cause I can’t change, I can’t change the world alone
    I need you all, everybody, start dreaming of it
    And take your step that’s gonna make a difference and change your world
    - Hotel FM


    www.fluffybiscuits.org - Eccentric,Utopian and a tad mad

  11. #26
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by C. Flower View Post
    Is there any reason to believe that Cork will see a cent of this?
    They will have to learn English
    Cause I can’t change, I can’t change the world alone
    I need you all, everybody, start dreaming of it
    And take your step that’s gonna make a difference and change your world
    - Hotel FM


    www.fluffybiscuits.org - Eccentric,Utopian and a tad mad

  12. #27
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by fluffybiscuits View Post
    They will have to learn English
    Now now Fluffy ....

  13. #28
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    Default Re: Cork - Ireland's Saudi Arabia

    Quote Originally Posted by Ah Well View Post
    Now now Fluffy ....
    Cause I can’t change, I can’t change the world alone
    I need you all, everybody, start dreaming of it
    And take your step that’s gonna make a difference and change your world
    - Hotel FM


    www.fluffybiscuits.org - Eccentric,Utopian and a tad mad

  14. #29
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    Default Re: Cork - Ireland's Saudi Arabia

    Antrim might be about to overtake Cork!

    Providence Resources said around 200 million barrels of oil could be recovered close to Rathlin Island, producing 20 billion US dollars (£13 billion) in revenue. The area explored covers around 30 square kilometres.

    Read more: http://www.belfasttelegraph.co.uk/ne...#ixzz2J0Pbr05B
    "The land Coillte Teo is now selling for development was given to them by the State in 1988 to ensure that our woodlands were run commercially, not to enable them to sell the family silver to service bank loans".
    - Friends of the Irish Environment, 28.04.2003

  15. #30
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    Default Re: Cork - Ireland's Saudi Arabia

    Tiocfaidh ar oil!
    Cause I can’t change, I can’t change the world alone
    I need you all, everybody, start dreaming of it
    And take your step that’s gonna make a difference and change your world
    - Hotel FM


    www.fluffybiscuits.org - Eccentric,Utopian and a tad mad

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