HC Deb 20 December 1973 vol 866 c364W
Mr. Skeet

asked the Secretary of State for Trade and Industry if he will give an estimate of the cost to the United Kingdom for the coming year at the current level of imports of imported crude oil at five dollars, eight dollars, 10 dollars, and 12 dollars per barrel, respectively.

Mr. Tom Boardman

Imports of crude and partly-refined oil in October 1973 were 12.1 million tons; in the 12-month period November 1972 to October 1973 they were 114.1 million tons. But it would be misleading to apply the various price levels for crude oil suggested in the Question to these quantity figures, because it cannot be assumed that purchases at these levels are consistent with such prices.

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