The Guardian | Hard Brexit would cost us £500m a year, says oil and gas industry The Guardian Brexit would land the oil and gas industry with a half-billion-pound bill if EU exit talks end with the UK leaving on World Trade Organisation rules, Theresa May has been warned. The costs for trading £73bn worth of oil and gas annually would jump from ... UK oil lobby warns May post-Brexit tariffs could double trade costs Oil industry warns trade costs could double after Brexit Brexit 'worst case' could nearly double cost of doing North Sea oil business |