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posted by martyb on Tuesday April 09 2019, @02:55AM   Printer-friendly
from the for-how-long dept.

Bloomberg:

Western Europe’s biggest petroleum producer is falling out of love with oil.

To the dismay of the nation’s powerful oil industry and its worker unions, the opposition Labor Party over the weekend decided to withdraw its support for oil exploration offshore the sensitive Lofoten islands in Norway’s Arctic, creating a solid majority in parliament to keep the area off limits for drilling.

The dramatic shift by Norway’s biggest party is a significant blow to the support the oil industry has enjoyed, and could signal that the Scandinavian nation is coming closer to the end of an era that made it one of the world’s most affluent.

How will Norway pay for its social safety network without oil revenues?


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  • (Score: 0) by Anonymous Coward on Tuesday April 09 2019, @07:26AM (1 child)

    by Anonymous Coward on Tuesday April 09 2019, @07:26AM (#826593)

    Direct quote:
    "Haiti? Why do we want people from Haiti here?" Then they got Africa. 'Why do we want these people from all these shithole countries here? We should have more people from places like Norway."

  • (Score: 2, Interesting) by realDonaldTrump on Tuesday April 09 2019, @08:21AM

    by realDonaldTrump (6614) on Tuesday April 09 2019, @08:21AM (#826613) Homepage Journal

    I don't agree. I don't agree. Norway, in the early 1940s, used to be great. It's great no more. Too many Radical Muslims. And, too many Socialists. Their country is CIRCLING THE DRAIN!!!!