Question

To ask the Secretary of State for Energy and Climate Change, what steps he will take to ensure that, in relation to home heating and travel, consumers will benefit directly from the recent fall in oil prices.

The Government has been absolutely clear that it expects the fall in crude oil prices to be passed to consumers as quickly as possible.

The price of petrol is at its lowest since October 2009 and diesel since March 2010. Heating oil is at its lowest price since October 2010.

We will be watching oil companies carefully to make sure they continue to pass through the falling oil price, bringing benefits to consumers and the wider economy.

Consumers and motorists and heating oil users are entitled to the best value for money and the Government is determined to ensure that they get it.