Imported Coal

Part of Oral Answers to Questions — Energy – in the House of Commons at 12:00 am on 14th December 1987.

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Photo of Kevin Barron Kevin Barron , Rother Valley 12:00 am, 14th December 1987

When the Secretary of State next meets the chairman, will he discuss the current comparison between the price of British and international coal? Will he take into account the present level of international stocks as they reflect the investment in 1973, after the oil crisis, and how that price reflects the current weakness of the dollar, which is causing great concern when compared with European currencies? Will he also consider the fact that if we turned to the international market, international prices would rise immediately as a result? Will the Secretary of State answer the question raised by the chairman of British Coal recently as to whether we are to close more pits against such an uncertain background? Such closures are totally unjustified.