Fuels: Prices
The question
To ask the Secretary of State for Transport, what assessment she has made of the potential implications for her policies of varying fuel prices at nation-wide service station providers; and what steps she is taking to ensure equity for customers.
Answered by Lilian Greenwood
The local pricing of fuel at forecourts is a commercial matter for retailers. The Competition and Markets Authority has powers to monitor competition in the road fuel retail market. The government has committed to introduce legislation to implement Fuel Finder which will increase price transparency and enable drivers to compare prices. Additionally, recognising that pump prices are significantly higher in some rural locations, the Rural Fuel Duty Relief scheme supports motorists by providing a 5 pence per litre reduction to the standard rate of fuel duty in designated areas.
Policies introduced by the Department for Transport impacting road fuel prices tend to apply UK wide, for example the Renewable Transport Fuel Obligation (RTFO). The RTFO does not give rise to price pressures which would necessitate regional or geographical variations in pricing at forecourts.
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