Foundation for Economic Education Posts Commentary: Oil Money Britain Wasted
May 01, 2026
May 01, 2026
DETROIT, Michigan, May 1 -- The Foundation for Economic Education posted the following commentary on April 30, 2026, by Claudia Ascensao Nunes, Ladies of Liberty Alliance - Portugal president:
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The Oil Money Britain Wasted
While Norway built a $2 trillion fund, the UK squandered its North Sea windfall.
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The United Kingdom has oil in the North Sea. But it chose not to think about this resource in the long term, treating it as . . .
* * *
The Oil Money Britain Wasted
While Norway built a $2 trillion fund, the UK squandered its North Sea windfall.
*
The United Kingdom has oil in the North Sea. But it chose not to think about this resource in the long term, treating it as . . .