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McInnes: Ministers cannot turn their heads away from low oil prices

January 7, 2016 11:27 AM
Originally published by Scottish Liberal Democrats

Scottish Liberal Democrat MSP Alison McInnes has warned the Scottish Government cannot overlook the effect low oil prices are having on Scottish jobs, as brent crude prices reach the lowest they've been in eleven years.

Oil prices have fallen to $32.62 a barrel today. Brent crude fell 4.7%, the lowest since April 2004, while US oil dropped by 3.9%, the lowest it's been since reaching $32.40 in December 2008.

Commenting on the new lows, Ms McInnes, who represents the North East Scotland, said: ""The Scottish Government cannot turn their heads away from the fact that brent crude prices are the lowest they've been for 11 years. Sector bodies have already said there is a tough year ahead and given the astonishing comments from Dennis Robertson earlier this week, it's time for the SNP to step up to the plate.

"Attendance at career events in the north-east has reached into the thousands, we know the demand for information on ways to get back into work is there, and people who have already lost their jobs or are facing redundancy need to know how to get much-needed support."