HC Deb 21 July 1919 vol 118 c881
16. Mr. JESSON

asked the President of the Board of Trade whether, having regard to the increasing demand for oil fuel for industrial purposes both in this and other countries, he will, in conjunction with the Governments of our Dominions and Colonies and the Secretary of State for the Colonies, consider the advisability of organising and co-ordinating all the sources of oil supply within the British Empire with a view to preventing such supplies coming under the control of cosmopolitan financiers and others seeking to establish a world monopoly in oil?


I have been asked by the First Lord of the Admiralty, the Minister in charge of petroleum affairs, to state that this matter is receiving consideration and was one of the subjects discussed at the last Imperial Conference.