§ Mr. McGuireasked 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. MarshNo. 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.