PETROL SUPPLIES LIKELY TO BE STRAITENED
A N indication that the petrolsupply position in New Zealand might become more difficult was given by the Prime Minister, Mr. P. Fraser, in an address in Gisborne last evening, when he referred to information that a great refinery, in Haifa had been closed down owing to the hostilities in Palestine. This fact would limit the resources of the Near East, he said, and this would be reflected m tne supply available to New Zealand from sterling sources. New Zealand had a moral obligation to refrain from drawing on the dollar resources of the Commonwealth, and therefore could not obtain large supplies elsewhere. Even if dollars were not scarce, he said, transportation across the oceans would be a serious barrier to imports from dollar countries. The Prime Minister did not suggest that more stringent rationing of petrol was an immediate prospect, however.
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Bibliographic details
Gisborne Herald, Volume LXXV, Issue 22666, 17 June 1948, Page 4
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148PETROL SUPPLIES LIKELY TO BE STRAITENED Gisborne Herald, Volume LXXV, Issue 22666, 17 June 1948, Page 4
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