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Oil Depletion

Volume 893: debated on Monday 16 June 1975

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asked the Secretary of State for Energy what is his policy toward United Kingdom oil depletion within the EEC; and if he is satisfied that the United Kingdom can continue to pursue an independent policy.

I have nothing to add to the announcement about guidelines for the Government's policy in regard to the depletion of Continental Shelf oil made to the House on 6th December 1974. Decisions on depletion rates are, I am advised, a matter for the Government.