Heating Oil Support Debate
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Main Page: Jon Pearce (Labour - High Peak)Department Debates - View all Jon Pearce's debates with the Department for Energy Security & Net Zero
(1 day, 10 hours ago)
Commons Chamber
Martin McCluskey
My priority and the priority of the Government has been to ensure that support gets to people as quickly as possible, which is what we are doing today. The pro rata suggestion that the hon. and learned Gentleman has just made misses the fact that not everyone will fill up their tank during this period when prices are high. We do not know where the situation in the middle east is going, and we do not know what prices are going to be like two, three, four or five weeks from now. However, as I have said in response to other hon. Members, we will review the situation as it progresses.
Jon Pearce (High Peak) (Lab)
The Minister’s statement will be hugely welcome in High Peak, where thousands of households are reliant on heating oil. Many have told me that the prices they are being charged have more than doubled. These households have been overlooked for too long. Will the Minister set out how the sector can be better regulated, to make sure that these households get a better deal going forwards?
Martin McCluskey
I thank my hon. Friend for his continued advocacy for his constituents in High Peak. The CMA is investigating areas of policy around the heating oil market and will come forward with suggestions. We will examine those suggestions in detail to determine whether or not regulation is required in the sector. However, it is clear from points that my hon. Friend and others have made that this market is not operating in the way that it should.