Crude Oil Imports

Part of Oral Answers to Questions — Energy – in the House of Commons at 12:00 am on 25th November 1974.

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Photo of Mr John Pardoe Mr John Pardoe , North Cornwall 12:00 am, 25th November 1974

Is the hon. Gentleman aware that the Chancellor of the Exchequer has stated that it is the Government's policy to reduce the oil deficit in the balance of payments figures? How can the Treasury be working on any reduction in the oil deficit if the Department of Energy does not have any estimate of crude oil imports over the next two or three years?