From paragraph 4 of the Memorandum War Supply Board, an extract from which was attached L.P. (41) 122, it will be seen that the to that it is impossible to fix the price of oil in the way as the price of other controlled commodities is fixed, namely on the basis of the actual cost of production. The Board agreed that prices must be related to those ruling in the only free market at present in existence, the Gulf of Mexico. The Board joined issue with the oil companies on the addition to be made to the Gulf price in respect of freights and other sea transport charges order to obtain a fair price in Palestine.
- Collection ID
- CAB71
- Document Reference
- CAB 71/4/53
- Document Types
- Memorandum
- File Reference
- CAB 71/4
- Former Department Reference
- LP(41) 126
- Identifier
- 10.1080/wtss.cab71.000004.053
- Keywords
- Coal Electricity Exports Freight Shipping Fuel Imports Oil Overseas Trade Petrol Prices Refineries
- Language
- English
- Locations Discussed
- Australia Borneo Burma California China Colombia Dutch East Indies Ecuador Haifa India Iraq Japan Malaya Mexico Norway Palestine Peru Philippines Romania Trinidad United States of America Venezuela West Indies
- Organizations Discussed
- Board of Trade General Post Office Lord President's Committee Palestine War Supply Board Petroleum Department
- Pages
- 5
- Published in
- United Kingdom
- Series
- Papers Nos. 76(41) - 158(41)
- Themes
- Rationing Supply Fuel Utilities
