How North Sea oil calmed the UK’s crisis-ridden waters

DID North Sea oil save Britain from disaster? Or was it a resource wrongfully plundered and pillaged 30 years ago?

How easily we have forgotten how near to meltdown the British economy has been in our lifetimes. Not the ERM crisis of September 1992 that did for the Major government; this was a blip compared with the crisis of 1975 that did for the Labour government of the time.