HC Deb 16 February 1983 vol 37 c143W
Mr. Ernie Ross

asked the Secretary of State for Energy what is the average cost of a barrel of United Kingdom continental shelf crude oil at 1983 prices; and if he will provide comparable costs for the refined byproducts at the same prices.

Mr. Gray

The term price of North sea oil (Forties) in January was £21.30 a barrel. Costs of refined products depend on the type of refinery process, the balance of products produced, as well as the markets into which these products are sold, and no reliable figures are available.

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