§ Mr. LidingtonTo ask the Chancellor of the Exchequer what assumptions he made (1) in preparing table B9, page 175 of the pre-Budget report, about the level of crude oil prices in each year up to and including 2006–07; [20192]
(2) preparing Table B8, page 174 of the pre-Budget report about the level of crude oil prices in each year up to and including 2002–03. [20191]
§ Dawn Primarolo[holding answers 3 December 2001]The oil prices underlying the pre-Budget report projections are:
…/barrel 2000 27.9 2001 24.5 2002 22.9 2003 23.3 2004 23.6 2005 23.9 2006 24.1 As set out in Box B1 on page 169 of the pre-Budget report, the assumption for 2002 is based on the average of independent forecasts, in line with the NAO audited assumption.
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