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  • 7 months ago
Housing secretary Steve Reed says the government is closely monitoring the situation in the Middle East and will put measures in place to ensure “we are no longer subject to price fluctuations arising from crisis in other parts of the world”.
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00:00Well, the government is very closely monitoring the situation with oil prices and what's happening as a result of the
00:07situation in the Gulf.
00:09But people should be reassured. The country has the usual level of stockpiles of both oil and gas that we
00:17would expect to have at this time of year.
00:20The reason the government is so focused on switching away from dependence on fossil fuels, oil and petrol, and instead
00:27moving to clean energy, wind wave, solar, nuclear, the kind of energy that we can generate here at home, is
00:33so that we are no longer subject to price fluctuations arising from crises in other parts of the world that
00:40we can't influence.

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