§ Mr. Skeetasked the Secretary of State for Trade and Industry, as an OPEC-type structure has developed for effecting the sale of several commodities, including crude oil and phosphates, how he proposes to protect user industries in the United Kingdom from consequent increase in prices of the products involved.
§ Mr. EmeryThe question of protecting agricultural users from the increased price of phosphates is a matter for my right hon. Friend the Minister of Agriculture, Fisheries and Food.
Important long-term issues arise as regards the recent rises in the crude oil prices but the prospective increases in product prices are a matter for the Price Commission.
§ Mr. Skeetasked the Secretary of State for Trade and Industry, in view of the existence of OPEC, which unilaterally establishes posted prices for crude oil, whether he will seek to establish internationally an organisation of petroleum 505W importing countries the more effectively to sponsor the case of consumer nations.