§ 77. Mr. Nealasked the Paymaster-General to what extent the strategic reserve of oil will be stored in its crude state; and what amount of profit is expected to accrue to his Department when this oil is sold to distributive agencies or consumers.
§ Sir I. HorobinThe additional stocks will be of refined products. These reserves are of course intended as a national insurance, rather than a commercial investment. Whether there will be a profit or loss depends on the conditions ruling at the time of disposal.