The next parliamentary elections will be held in October. As it always happens, individual parties prepare a series of election promises. This is also the case here. Unfortunately, in view of the recent problems with crude oil, some of the election promises will not be realized. Elections and oil go hand in hand. This is shown very clearly in the latest report - Norway is a country dependent on oil. If we even take a closer look at the capital city of the country - Oslo - about 7.000 workers would lose their jobs if the oil industry ceased to exist.
Elections and oil - an inseparable relationship
ARENDAL (Nettavisen Ekonomia): Without the oil and gas industry, Norway would be forced to make major cuts to social welfare programs, according to a new report. “Election promises are worth nothing without the money from oil and gas extraction. " - Karl Eirik Schjøtt-Pedersen in an interview for Nettavisen Ekonomia.
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Crude oil - the wealth of Norway ...
Some time ago at the special request of the organization Norsk oil og gass a special survey was conducted among the Norwegian community. What does it mean? It turns out that as many as 70 percent of respondents support the continuation of oil and gas extraction and production in Norway. At the same time, many people claim that money from oil and gas extraction is unreal and unimaginable today. This applies primarily to the youngest generations. Today's children and young people do not remember or know what the country of fjords looked like before the discovery of "oil riches".
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Elections and oil - what about the oil industry?
Oil industry representatives are watching with interest as oil and gas issues emerge in election promises.
“I believe that there is a broad agreement on oil policy in which today's government coalition stands behind its main provisions. At the same time, politicians are pushing to reduce emissions and capture and retain carbon dioxide as effectively as possible. These are extremely important issues with which we, as representatives of the oil industry, fully agree. I think we will continue to see broad consensus on oil and gas policy.” - Schjøtt-Pedersen for Nattevisen.
Elections and oil - what is it all about?What about this oil?
Elections and oil. At first glance, you can see that the topic of the oil industry raises a lot of emotions. Not only on the political and electoral grounds. We encourage you to familiarize yourself with our previous publications in this regard: Cheapest crude oil in 8 months. The price per barrel is 25% lower