HC Deb 24 November 1948 vol 458 c121W
88. Sir T. Moore

asked the Chancellor of the Exchequer what arrangements have been made under the European Recovery Programme for making available to foreign countries oil supplies which, but for such arrangements, would have been available to Britain; what descriptions and quantities of oil have been used for that purpose; and what financial loss or gain to Britain has resulted from the making of those arrangements.

Mr. Jay

There have been no special arrangements of the sort that the hon. Member has in mind. The participating countries are continuing to take their oil supplies from their accustomed sources and E.R.P. enables them to finance these and other essential purchases.