§ 41. Mr. Moyleasked the Minister of Power if he will seek powers to require the oil industry to return to him the actual average prices it charges industrial consumers for the sale of its products.
§ Mr. FreesonNo new powers are required, but we already have information on representative oil prices which are more significant than average prices.
§ 43. Mr. William Hamiltonasked the Minister of Power if he will make a statement on the discovery of oil by British Petroleum in Alaska; and what 193W estimate he has made of the effects of this discovery on the national fuel policy.
§ Mr. MasonOn (the first part of the Question, I have nothing to add to the statement made by British Petroleum that it had discovered oil with its first well in its Prudhoe Bay acreage and that the results were encouraging.
On the second part, it is much too early to forecast what implications if any, Alaskan oil may have for national fuel policy.