HC Deb 23 July 1946 vol 425 c1870
52. Mr. Blackburn

asked the Chancellor of the Exchequer the estimated increase in annual dollar expenditure as a result of the petrol relaxations recently announced.

Mr. Dalton

Fifteen million dollars at present prices.

Mr. Stokes

Why should there be any extra dollar expenditure in view of the fact that the Abadan oilfields could hopelessly undersell American production if they really tried?

Mr. Dalton

The question I was asked was how many more dollars are going to be spent.

Mr. Stokes

It is not necessary.