Thursday 16 October 2014

CARNEY - "OIL MUST REMAIN IN THE GROUND"

This article highlights a worrying concern, in that a man in a very senior position, Governor of the Bank of England, is actually talking down some of the UK's biggest companies. He is entitled to believe what he wants, but when his beliefs are contrary to the interests of our biggest companies it is surely better if he keeps quiet, or finds a better way to express them. Oil companies are in business to find and extract and refine oil and sell it. That is what they exist to do. If Carney believes they should not be doing it then he is not in the right job.

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