asked the Minister for Industry and Commerce if, while oil is in short supply, economic growth will be slowed down or become stagnant; and if there is any Government appraisal as to the effect of oil supplies on the car and building industries.
Ceisteanna—Questions. Oral Answers. - Oil Supplies.
183.
If the present level of supplies can be maintained, I do not think that our growth will be significantly affected by shortage of oil.
I am, of course, aware that difficulties have been experienced recently by the motor assembly industry. While it is too soon yet to make a firm statement on the matter I would hope that the coming months would see an improvement in the position.
The Minister failed to comment on the building industry which I specified in my question.
The Deputy's reference to building is taken as referring to the building and construction sector. That is not the responsibility of this Department.
184.
asked the Minister for Industry and Commerce if the oil shortage will make fertilisers scarcer and more expensive.
The increased oil prices arising out of the world supply position are bound to be reflected in increased fertiliser prices, to an extent which will vary with the type of fertiliser and the importance of oil in its production. It will be appreciated that there are other factors also operating on fertiliser prices, including the downward movement of the pound, increased prices for essential raw materials, interest charges and so on. So far there is no indication of a scarcity of fertilisers.
Can the Minister indicate what percentage of the recent increase is due to the oil situation?
That is a specific question. The Deputy should put down another question.
I asked the Minister if the oil shortage will make fertilisers scarcer and more expensive. I asked what effect the oil shortage would have and now I want to know what percentage is involved.
I am sorry I have not that information.
In view of the fact that there is little likelihood that the farming community will have grass in quantity before May, would the Minister consider subsidising fertilisers, particularly for agricultural purposes?
That is a separate question.