HC Deb 01 April 1968 vol 762 c39W
Mr. McGuire

asked the Minister of Power whether, in view of the recent sharp increase in the cost of oil imports, he will revise the Fuel Policy White Paper in order to help the balance of trade by reducing oil's share of the total energy market.

Mr. Marsh

No. Part of the cost increase is related to the closure of the Suez Canal, and is expected to be temporary. The remainder, consequent on devaluation, does not invalidate the White Paper.

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