An analysis of the economic impact of north sea oil activity on the scottish economy in 1973

There was no production of crude oil and natural gas in 1973. However, exploration and preparatory production work were well underway. The paper examines the impact within Scotland in 1973 of the expenditure required to supply these activities. The data used for the study are those contained in or associated with the 1973 Scottish Input Output tables and the analysis uses input-output techniques. The pattern of crude oil consumption within the Scottish economy in 1973 is also examined.