While famous for its liberal policy towards oil and gas production, both before and after the discovery of North Sea oil and gas, the period from 1957-1988 actually saw the UK respond to shifts in power from the major oil companies to the oil-producing states, many of them in OPEC, by building up its competency regarding oil matters.
While famous for its liberal policy towards oil and gas production, both before and after the discovery of North Sea oil and gas, the period from 1957...
