Mr John Redwood (Wokingham) (Con): Given that the United States has been the fastest-growing advanced economy since 2009, based on the exploitation of cheap energy, was there any discussion about what we and others need to do to compete with America industrially? We will need to invest in a lot of cheap energy to keep up.
The Prime Minister (Mr David Cameron): There was a discussion about energy, and it is notable now that America starts these interventions by explaining that it is the world’s largest producer of oil and gas. My right hon. Friend makes an important point though: we should not be left out in the shale gas revolution. It has helped American competitiveness and energy prices, and I want to ensure that we do everything in the UK to take advantage of it too.