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Petrol (Fob Price)

Volume 443: debated on Thursday 30 October 1947

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101.

asked the Minister of Fuel and Power the cost of petrol per gallon f.o.b. ports of lading; and the estimated number of gallons to be saved by the abolition of the basic ration and the cuts in petrol allowances.

The f.o.b. price of petrol varies according to the loading port. At the present moment the mean f.o.b. price at U.S. Gulf ports is equivalent to about 7.4 pence per Imperial gallon. The answer to the second part of the Question is approximately 300 million gallons a year.