HC Deb 12 February 1986 vol 91 c490W
Mr. David Howell

asked the Chancellor of the Exchequer whether he will give an approximate estimate of likely total North sea oil revenues for 1986–87 on the assumption of a crude oil price per barrel of $10, $15, $20 and $25, on the basis of an exchange rate of $1.35 to the pound; and whether he will give the same figures on the basis of $1.30, $1.25 and $1.20 to the pound.

Mr. Moore

A new forecast of North sea revenues for 1986–87 will be published at Budget time.