Mr Miliband told MPs he hoped the creation of new low - carbon industries would provide the same impetus for jobs as the expansion of North Sea oil in the 1970s. (politics.co.uk)
Concern about the growing support for the SNP's proposals for an independent Scottish state — boosted by the discovery of North Sea oil in 1970 — led Harold Wilson's government to set in motion the devolution referendum, which took place, and failed, in 1979. (totalpolitics.com)
She enjoyed booming revenues from North Sea oil, without which her tax cuts and the defeat of the miners would have been much more difficult to achieve. (blog.politics.ox.ac.uk)