HC Deb 14 June 1971 vol 819 c2W
19. Mr. Eadie

asked the Secretary of State for Trade and Industry what is the latest estimate of oil consumption for 1971; and what estimated price increases he has been advised will take place.

Sir J. Eden

Deliveries into consumption in the first quarter of this year were rather more than 4 per cent. higher than in the same period in 1970, and if this rate of increase continues throughout this year, deliveries will total 99 million tons. Price levels will depend upon market conditions.