Significant oil find at Gatwick Airport.

[Diego Napier]

So the next question, who is going to be extracting it? are profits generated which are going to billions, is this going to go back in to our economy in the way of jobs, or is it going to be leaving our economy completely.

Will be interesting to see what happens here.

Will we invest the profits into our country and become a more wealthy nation like Norway or follow the British North Sea model?

 

[Hillian1]

Will Jockoland still want independence now we have an oilfield twice the size of the North Sea?

 

[seagullwedgee]

The clever ones RIGHT NOW will be thinking how do they get the stuff out of there. As it is such huge volume it will not be by road or rail, it will be by pipeline to the nearest port, Southwick shoreham maybe, or somewhere around that area?

Although it will take 10 years plus to get this stuff out of the ground, clever people will be taking positions now to cash in on the route out for the product......

 

[BlockDpete]

I wonder if this will effect the decision for the 2nd runway at Gatwick?

 

[Return of the Rev]

I wonder if this will effect the decision for the 2nd runway at Gatwick?

Green light for the arun and wey canal widening scheme for the tankers though!

 

[Dr Q]

Green light for the arun and wey canal widening scheme for the tankers though!

Other than the amount of water they will need to frac the stuff out, will probably mean they won't have any water in them.

 

[Postman Pat]

Green light for the arun and wey canal widening scheme for the tankers though!

Run the oil pipeline down to Uckfield, then alongside the new train-line from Uckfield to Lewes and on to Newhaven oil refinery?

 

[Frampler]

Does this mean we can all start wearing ten gallon hats without shame?

 

[Surrey Seagull]

100 billion barrels of oil will keep Surrey's Chelsea tractors running for at least a year!

 

[Blackadder]

What with this and fracking we could be like Saudi Arabia in a few years, couldn't we?

Hope not. The idea of public beheadings every Friday just doesn't appeal to me.

 

[skipper734]

There's already a pipeline running the other way. Avgas from to Fawley to Gatwick and Heathrow.

 

[nicko31]

http://www.bbc.co.uk/news/business-32229203

With the economic benefits this will bring, is this the final piece in the jigsaw for Sussex to declare independence from the rest of the U.K.?

Why not? If the Scots can have it, no reason not to...

 

[cheshunt seagull]

Will we invest the profits into our country and become a more wealthy nation like Norway or follow the British North Sea model?

Norway used proceeds from their natural resources to create long-term security for everyone in country. Will we adopt a similar approach, if not on the same scale? Given the nature of Cameron's Britain I think we know the answer to that question. Expect the extravagantly rich to get even richer, property prices to go up and the anxiety levels of the rest of the country to keep rising; after all isn't it insecurity and anxiety that drive the economy?

 

[BlockDpete]

Hope not. The idea of public beheadings every Friday just doesn't appeal to me.

Well I would think Queen Square in Crawley would be ideal for a UK "Chop Chop" Sq.

Plus, the gallows are still in the High Street.

 

[Blackadder]

Well I would think Queen Square in Crawley would be ideal for a UK "Chop Chop" Sq.

Plus, the gallows are still in the High Street.

Will it be Pay on the Day?

 

[Worthingite]

Time to rename our fair county as "Sussexas"

I'll get my coat......

 

[Pavilionaire]

I see from Googling that the land currently under license for exploration and evaluation actually covers quite a bit of territory to the south and west of Gatwick, basically Hampshire border across to A22, A272 up to the Dorking > Guildford road.

They're doing loads of residential building smack bang in the middle of that region just SW and N of Horsham.

 

[el punal]

How much rent do you get for having a nodding donkey in your garden?

We've had a few of those at the Amex recently.

 

[wehatepalace]

Other than the amount of water they will need to frac the stuff out, will probably mean they won't have any water in them.

No fracking required apparently, just good old fashioned DRILLING !

 

[wehatepalace]

The oils not even in Crawley is it ? I thought it was Horse Hill near Horley, That is definitely in Surrey !