§ Mr. Lubbockasked the Minister of Power what study he has made of the variation in cost of refining oil according to the size of the oil refinery; and whether he is satisfied that his powers are adequate to ensure maximum economy of operations in the oil refining industry.
§ Mr. MarshEconomies of scale are important in oil refining but distribution 71W costs and other factors have also to be considered. The companies themselves decide the size of their refineries but I shall be keeping a close watch on refinery development.