HL Deb 09 January 1996 vol 568 c16WA
Lord Kennet

asked Her Majesty's Government:

Whether, in view of the fluctuations in the value of the dollar, they are giving consideration to establishing an alternative measurement for the pricing of international trade, and, in particular, of oil.

Lord Mackay of Ardbrecknish

This is entirely a matter for the private sector.