Oil Supplies

Part of the debate – in the House of Commons at 12:00 am on 11th June 1979.

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Photo of Mr David Howell Mr David Howell , Guildford 12:00 am, 11th June 1979

I have raised both these issues with the oil industry. I shall certainly continue to press the industry on the question of meeting particular regional problems and needs. As for the distortion of trade aspect—unfair competition is a matter for my right hon. Friend the Secretary of State for Trade—I have had no clear evidence of profiteering. Clearly, in some areas price has been used as a mechanism rather than handing out available supplies to first comers and having none for later purchasers. That is common sense. That is a reasonable way of operating.