North Sea Oil (Hansard, 15 October 1976)

HC Deb 15 October 1976 vol 917 c242W 242W

§ Mr. Macfarlane
asked the Chancellor of the Exchequer if there will be any visible benefits for the United Kingdom from North Sea oil before 1987.

§ Mr. Joel Barnett
Yes. The latest published estimates for the potential effects of the North Sea oil programme on the United Kingdom balance of payments were published in the Treasury's "Economic Progress Report", No. 76 of July 1976, a copy of which is in the Library.