HC Deb 15 May 1950 vol 475 cc832-3
12. Colonel Clarke

asked the Minister of Fuel and Power what progress has been made in the Anglo-American oil negotiations.

Mr. P. Noel-Baker

The discussions are still going on, and it would therefore, I think, be unwise for me to make a statement about them today.

Colonel Clarke

Does not the Minister think that, in view of the widespread rumours that are circulating with regard to these negotiations, it would be helpful if an authoritative statement as to their progress could be made, and does he not think that that would relieve the minds of the many important interests concerned?

Mr. Noel-Baker

I am sure that the hon. and gallant Member would not wish me to say anything that would cut across the discussions. After careful consideration, I think there is nothing useful that I can say today.

Mr. Geoffrey Lloyd

Can the Minister say when he might be in a position to make a statement in view of the fact that these negotiations are so important and that if they were really successful they might result in a big increase in the petrol ration or even the abolition of petrol rationing altogether?

Mr. Noel-Baker

Both the United States authorities and ourselves are most anxious to reach a result. I hope that may be soon, but I am afraid I cannot make a prediction.