Jobs are being cut in the North Sea oil industry. Although, of course, I hope those losing their jobs soon find new work, we need to invest far more in renewables and less in the past. Oil and gas do not need subsidies. We should be looking to the future.
Also, whilst I can fully understand the short-term benefits of fracking, I see this as a backward step: far better we were investing more in better insulation and renewables.
See http://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-32065506 .