asked the Minister for Industry, Commerce and Energy if he will provide an index of the real cost of gas oil at controlled retail prices as compared with the consumer price index for each of the years 1960, 1965, 1970, 1973, 1974, 1975, 1976, 1977, 1978, and 1979.
Written Answers. - Cost of Gas Oil.
345.
Under the Maximum Prices (Petroleum Products) Order, 1978, which came into effect in November 1978, a statutory maximum price for gas oil was fixed for the first time.
The following tabular statement gives an index of the price of gas oil to consumers as compared with the consumer price index for each of the years in question.
|
Date |
Gas Oil |
Consumer |
|
|
Year |
Month |
Prices |
Price Index |
|
1960 |
November |
100 (Base) |
100 (Base) |
|
1965 |
November |
88.3 |
122.6 |
|
1970 |
November |
97.0 |
163.1 |
|
1973 |
November |
144.4 |
215.9 |
|
1974 |
November |
284.5 |
259.2 |
|
1975 |
November |
383.3 |
302.9 |
|
1976 |
November |
502.8 |
365.3 |
|
1977 |
November |
538.9 |
404.7 |
|
1978 |
November |
509.9 |
536.8 |
|
1979 |
August |
875.6 |
488.8 |