Speeches

Martyn Day – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Martyn Day on 2016-09-15.

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will bring forward proposals to establish an independent body to monitor fuel pricing.

Jesse Norman

The Government believes that it is essential that consumers get a fair deal and that falls in oil prices are passed on to lower retail prices.

The Department regularly meets retailers and their representatives, and closely monitors pump prices, publishing data regularly https://www.gov.uk/government/statistical-data-sets/oil-and-petroleum-products-weekly-statistics.

We do not believe that an independent body to monitor fuel pricing is necessary.