Petrol: Prices

(asked on 14th June 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help ensure that petrol stations do not apply unreasonable mark-ups for consumers.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 22nd June 2022

The Government has asked the Competition and Markets Authority (CMA) to conduct an urgent review of the fuel market, as well as a longer-term market study under the Enterprise Act 2002, to explore whether the retail fuel market has adversely affected consumer interests. As part of this, the Government has asked for the CMA’s advice on the extent to which competition has resulted in the fuel duty cut being passed on to consumers and the reasons for local variations in the price of road fuel.

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