HC Deb 27 October 1976 vol 918 c273W
Mr. Gould

asked the Secretary of State for Energy what effect the reduction in the value of the £ sterling to $1.66 is likely to have on the consumption of oil and coal in each half of 1977; and what further effects would be expected if sterling were devalued to $1.50.

Mr. Benn

I am not prepared to speculate in this way.