Fuels: Prices

(asked on 15th September 2016) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will bring forward proposals to establish an independent body to monitor fuel pricing.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 11th October 2016

The Government believes that it is essential that consumers get a fair deal and that falls in oil prices are passed on to lower retail prices.

The Department regularly meets retailers and their representatives, and closely monitors pump prices, publishing data regularly https://www.gov.uk/government/statistical-data-sets/oil-and-petroleum-products-weekly-statistics.

We do not believe that an independent body to monitor fuel pricing is necessary.

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