Editor of “union Voice" Produces Policy Kor Oil

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We have received from Richard Fletcher a statement entitled "Policy for Oil". This examines the changing patterns of fuel consumption and prices, and draws the conclusion that because the price of oil is expected to drop sharply (as much as 50% has -been predicted) it is bound to play an increas= ing role in the economy. On the other hand it points out that a free oil market would have a disastrous effect on the coal industry and would cause balance of payments difficulties. Having posed the problem the statement, argues for Government control, etc. and takes a look at British Petroleun and the oil industry in Britain. Copies of the statement can be obtained from R. Fletcher, 71, New Kings Rd., London SW 6.