Gregory Campbell
Main Page: Gregory Campbell (Democratic Unionist Party - East Londonderry)Department Debates - View all Gregory Campbell's debates with the Scotland Office
(9 years, 4 months ago)
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Mr Gregory Campbell (East Londonderry) (DUP)
Q10. The Prime Minister will be aware that members of the public and small businesses across the UK have had to endure very high fuel bills in recent years when oil prices were averaging more than $100 a barrel. In recent weeks, that price has dropped steadily and now stands at less that half that level. However, fuel prices at the pump have not been reduced by anything like that amount. Last week, the Chancellor indicated that some action would be taken against the fuel companies. Will the Prime Minister outline what action that will be?
The Prime Minister
First, we should welcome this fall in oil prices. We are beginning to see prices fall quite substantially at the pumps, but I agree with the hon. Gentleman that we want to see them go down further and faster. Some of this will depend on the buying strategies that the fuel companies had, but we will ensure that the competition authorities and the Government do everything they can to ensure that those fuel prices are passed on.