Lord Davies of Oldham
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Oil Prices
Lord Davies of Oldham Excerpts(13 years, 5 months ago)
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Lord Sassoon
My Lords, we will bring forward the Bill in due course when it is in good shape. I take my noble friend's point about commodity prices. It reinforces the fact that we need to ensure that all energy users get advice to use energy efficiently in order to reduce their household bills. That is part of where we are targeting government help.
Lord Davies of Oldham
My Lords, when energy prices and oil prices rise, the price to the consumer rises very quickly. When world prices fall, the price to the consumer falls very slowly. What are the Government going to do about that?