Tom Tugendhat
Main Page: Tom Tugendhat (Conservative - Tonbridge)Department Debates - View all Tom Tugendhat's debates with the Cabinet Office
(1 day, 21 hours ago)
Commons ChamberI assure my hon. Friend that we have been looking at that in the various meetings we have been having, particularly on the red diesel question, and we are looking at contingencies. In addition to planning for those contingencies, it is really important that we double down on our work to de-escalate and to open up the strait of Hormuz.
May I quote the Prime Minister? He told us just a few moments ago that energy bills will “stay down until July”. He also correctly said that
“we do not set the global price for oil and gas”.
Is the Prime Minister making an enormous gamble on the energy price? How much money has he set aside in order to ensure that bills stay down even if prices rise? I am not sure if he is aware, but the last tanker to leave the strait of Hormuz and bring fuel to the UK docked only a few days ago. The last tanker to arrive in US waters will arrive in a day or two. After that, we are on our own. Is he taking that bet? Who is going to pay for it?