Thankfully one of my vigilant readers brought this to my attention. The BBC, Scottish and UK media have ignored it.
Alex Salmond, Scotland's First Minister, has called for North Sea taxation to be devolved to Holyrood arguing that Scotland should start to benefit from its vast resources. Well done Mr Salmon and about time too!
During a meeting with the Norwegian Finance Minister, Sigbjorn Johnsen, in Oslo, Mr Salmond and Mr Johnsen discussed the Norwegian Oil Fund, the benefits it has secured for Norwegians and lessons Scotland can learn from the way their fund is managed and operated.
Norway's oil fund is worth over £300 billion and in the UK £242 billion of tax revenue has come from Scottish waters over the past 30 years.
Of course the UK government will further insult Scotland by suggesting the idea is ludicrous. The time has come for the oil revenues to be fairly divided. Already I can hear the English wailing it's not Scotland's oil but the UK's oil. They're wrong and no matter how much any Westminster government tries to change the sea boundaries, the oil in the past 30 years has been found in Scottish waters.