The Crown is profiting from your misery! Fuel bills anyone?
Petroleum (Production) Act 1934
1934 CHAPTER 36
An Act to vest in the Crown the property in petroleum and natural gas within Great Britain and to make provision with respect to the searching and boring for and getting of petroleum and natural gas, and for purposes connected with the matters aforesaid.
[12th July 1934.]
Be it enactedby the King’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
1Vesting of property in petroleum in His Majesty
(1)The property in petroleum existing in its natural condition in strata in Great Britain is hereby vested in His Majesty, and His Majesty shall have the exclusive right of searching and boring for and getting such petroleum:
Provided that nothing in this subsection shall apply to petroleum which at the commencement of this Act, may lawfully be gotten under a licence in force under the Petroleum (Production) Act, 1918, being a licence specified in the Schedule to this Act, so long as that licence remains in force.
(2)For the purpose of this Act the expression ” petroleum ” includes any mineral oil or relative hydrocarbon and natural gas existing in its natural condition in strata, but does not include coal or bituminous shales or other stratified, deposits from which oil can be extracted by destructive distillation.
2Licences to search for and get petroleum
(1)The Board of Trade, on behalf of His Majesty, shall have power to grant to such persons as they think fit licences to search and bore for and get petroleum.
(2)Any such licence shall be granted for such consideration (whether by way of royalty or otherwise) as the Board of Trade with the consent of the Treasury may determine, and upon such other terms and conditions as the Board of Trade think fit.
(3)The Board of Trade shall, as soon as may be after granting a licence under this section, publish notice of the fact in the London Gazette stating the name of the licensee and the situation of the area in respect of which the licence has been granted, and, if the said area or any part thereof is in Scotland, the Board shall also publish the said notice in the Edinburgh Gazette.
Perhaps it does require spelling out:
The Queen owns the seabed – see the Daily Mail article – she does.
The Queen owns mineral rights all across the country AND beneath HER seabed.
The petroleum (oil) in the ground and in the seabed is vested in the sovereign – Just like the seabed is owned by the Queen (and she profits from it) the oil pumped out of her owned seabed (the UK Continental shelf) is licensed and she will profit from it. She effectively then owns the oil rights because no-one can touch her seabed unless she allows.
Now, think why our oil is all exported and we import all our requirements.
If she were to allow the use of her oil (our oil) within the UK, we would have no problems when the price of oil spiked now would we?
BUT – and here’s the BIG BUT – her “Majesty” would lose the profits within an international market where,as things stand, “her” oil can be sold to the most profitable markets.
Who benefits from that? The British people?
And THAT is why we export our oil rather than use it for our own consumption!
The Crown not only owns the seabed, minerals an oil within it but the Crown also owns the Nuclear industry.
“The British Nuclear Company and all its property, rights and liabilities shall remain wholly owned by the Crown”.
Your fuel bills are going through the roof and the Crown owns and controls it all!
QUEEN BITCH ONCE MORE. Profits from exporting oil from HER seabed WHILE she demands her government to promote green tech and windfarms in the UK and, AGAIN, only built on her seabed so she profits from that too.
Our Queen is a CON ARTIST!