There’s oil in them there fields, yet we still import

Referring to oil exploration off the south-east coast, the following are quotations from articles published in the recent past:

“Deep Kinsale could contain 2.3bn barrels of oil. Fastnet Oil says independent assessment established presence of significant potential”.

Also “Shares in Providence up 10% on Barryroe discussions. Surveys conducted on Barryroe, in 2012, indicated the field could yield 778m barrels of oil”.