Fuel Costs (Balance of Payments)

HC Deb 15 November 1968 vol 773 cc166-7W

Mr. Swain

asked the Minister of Power what effect he estimates new forecasts on cost for all energy will have on the balance of payments.

Mr. Mason

Apart from the effects of devaluation, the relative costs of the different fuels to the balance of payments remain broadly as described in paragraph 80 of the Fuel Policy White Paper (Cmnd. 3438).