Europe simply does not have enough known oil reserves to put a dent in current prices even if it exploited them all.

There may still be good arguments to do so anyway, such as it being less carbon intensive than importing oil, but there is absolutely no magic lever we can pull that would fix this problem that we're just not pulling due to renewables legislation.

Britain could start extracting oil from its European fields instead of just buying the same oil and gas from Denmark. Sanctions could be lifted on Russian oil. Duties could be dropped. There are levers.

> Sanctions could be lifted on Russian oil

I'd rather freeze.

There’s very little oil and gas left in the UK part of the North Sea

The Tories granted over a hundred licenses for exploration in the last ten years and so far it’s led to the supply of one months gas consumption

https://www.theguardian.com/business/2026/mar/28/north-sea-o...

The guardian would say that to be fair

So do you have evidence that those North Sea licenses produced more oil and gas?

The Guardian’s report is based on someone else’s research, they didn't just make up the story… they’re not the Daily Mail…