Scotland's Oil Boom

How the North Sea fields are fueling the hopes of Scottish separatists.

FEBRUARY 16, 2012

In Scotland, energy and independence are inextricably linked. Scotland's first minister, Alex Salmond, the engineer of the latest push for Scottish independence, argued on Feb. 15 for the need to establish a Scottish ''oil fund,'' reclaiming energy revenues from the North Sea oil shelves. But this isn't the first time Scots' push for freedom has been tied up with oil; the question of who gets money from Scottish resources, and how much, has been controversial since 1851, when a Scot by the name of James Young began commercial oil production in the Midland Valley.

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