Final dates! Join the tutor2u subject teams in London for a day of exam technique and revision at the cinema. Learn more

In the News

Maersk Oil's Culzean Gas Field Given Go-Ahead

Graham Watson

31st August 2015

I put this here because it represents an addition to the UK's supply-side capacity but the fact of the matter is that with world oil prices being so low at the moment, I wonder whether production in the Culzean field is going to prove profitable or not. One would assume that Maersk are confident that it is but, at the margin, it might put further downwards pressure on gas prices and that surely isn't a good thing. Read the article here:

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.