Sheridan puts oil factor back on the agenda

TOMMY Sheridan yesterday delved into political history to resurrect the SNP's famous "It's Scotland's Oil" slogan for the Scottish election campaign.

The 1970s oil boom in Scotland became a potent electoral weapon for the Nationalists after they invented the slogan now being recycled by the Scottish Socialists.

He said the SSP wanted a return to the days when the people owned 51% of the North Sea through the former British National Oil Corporation, which was later privatised.

"Scotland's oil should be back now on the political agenda," Mr Sheridan said.

"About £13bn a year of revenue is generated by North Sea oil and, instead of being funnelled into the pockets of the fat cats in the oil companies, it should be used for improving public services in Scotland." The Herald