The Mc Crone report commissioned by Conservatives - that was classified Top Secret

This report was then passed in secret to the Labour Party when they took power.

Download the PDF of the McCrone's Report
other sites on the report This report was finally made available after 30 years of being classified "Top Secret" only due to the Freedom of Information Act. When reading this report, please consider the it was written over 30 years ago and the figures quoted are grossly under the reported reality of the last 30 years of North Sea oil production. The report was written by Gavin McCrone. We also have the classified version of the original report, you will need to scroll down to see the blanked out figures Download the TOP SECRET classified version



The full significance of North Sea oil was not immediately apparent, and it still remains in large measure disguised from the Scottish public by the DTI...

"the balance of payments gain from North Sea oil would easily swamp the existing deficit whatever its size"

"The country would tend to be in chronic surplus to a
quite an embarrassing degree and its currency would become the hardest in
Europe"