§ Mr. Chapmanasked the Secretary of State for Energy what was the price of a barrel of North sea oil in May 1979, 1980, 1981 and 1982; and what is the present price.
§ Mr. GrayThe price of Brent blend, the current United Kingdom reference crude, sold under term contracts was as follows:
US $ f.o.b. May 1979 18.30 May 1980 34.25 Before 20 May 1981 36.25 From 20 May 1981 39.25 May 1982 36.60 May 1983 30.00