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40.
Mr. Rost
asked the Secretary of State for Energy what is his estimate of the quantity of oil which will be saved annually by his programme of energy conservation announced on 9th December 1974.
Mr. John Smith
Insufficient information is available to make precise estimates of the savings which will be achieved by the measures my right hon. Friend announced on 9th December. Approximate estimates have however been made and these suggest that savings of a least 1 million tons of oil and probably much more should be possible.