Fuels: Prices

(asked on 7th February 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether his Department has made a recent assessment of policy solutions to local geographic price variations in retail fuel prices.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 15th February 2023

The Competition and Markets Authority (CMA) is continuing its road fuel market study. The CMA’s investigations will focus on the relationship between wholesale and retail fuel prices, factors driving local and regional variations in prices, and the role played by major supermarkets in the road fuel retail sector. The final report, including any recommendations on next steps, will be published in the Spring with the final report published before the statutory deadline of 7 July. The Government will carefully consider the recommendations, as well as looking at pro consumer options, which could give drivers better access to fuel price data.

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