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Bill Esterson
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Oral Answers to Questions
Bill Esterson Excerpts(1 day, 8 hours ago)
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Bill Esterson (Sefton Central) (Lab)
There are people who are saying that the way to bring down bills is to reach agreement with the oil and gas companies to charge less for gas in the North sea. Is not the problem with that argument that there is absolutely no way that those privately owned companies will agree—or that their shareholders will allow them to agree, to be more accurate—to a lower price than they can get elsewhere in the world?
Ed Miliband
My hon. Friend makes the really important, and relatively basic, point that gas is priced and sold on the international market. Whether it comes from the North sea or is imported, it is charged at the same price. And do not just take my word for it; when the shadow Energy Secretary was in post she said that more drilling would not necessarily lead to lower energy bills.