§ Mr. Harry GreenwayTo ask the Secretary of State for Energy if he will estimate the effect of the Gulf war on oil supplies; and if he will make a statement.
§ Mr. MoynihanFollowing Iraq's invasion of Kuwait last year, and the cessation of its oil exports, other countries—mainly Saudia Arabia, the United Arab Emirates and Venezuela—increased their production levels and made up the shortfall. Oil stocks have been at high levels throughout the period.