Oil and Gas

Tom Tugendhat Excerpts
Tuesday 24th March 2026

(1 day, 9 hours ago)

Commons Chamber
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Martin McCluskey Portrait Martin McCluskey
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The Conservatives want us to remove a tax that is contributing £12 billion to the Exchequer, funding our public services and allowing us to invest in our schools, hospitals and other public services. If they oppose that funding, they need to come forward with their own proposals. The only route to energy security and lower bills is to get off our dependence on fossil fuel markets over which we have no control, and on to clean home-grown power over which we do.

Tom Tugendhat Portrait Tom Tugendhat (Tonbridge) (Con)
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There seems to be a complete failure to understand how the gas market works. It works on piped gas, on local markets and on an integrated supply and consumption system, yet the Minister is addressing it as though it involves shipped oil. It is not the same market, yet he is dealing with it as though it is. Could he please begin to address the fact that this is a very different market?