Petrol and Diesel Debate

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Department: HM Treasury
Wednesday 23rd May 2012

(12 years, 6 months ago)

Westminster Hall
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Anne Marie Morris Portrait Anne Marie Morris (Newton Abbot) (Con)
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May I propose that my hon. Friend add a fourth suggestion to the list—that we consider a proper price stabilisation mechanism, rather than a fuel duty one? At the moment, the tax can go up, but it never comes down.

Robert Halfon Portrait Robert Halfon
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As so often, my hon. Friend has hit the nail on the head. We need a fair fuel stabiliser that looks at prices at the pump, so that when the international oil price goes up tax at the pump goes down. That really would be a fair fuel stabiliser.