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Petrol: Prices

Asked by Sadik Al-HassanLabourDepartment for Energy Security and Net ZeroTabled Answered 5 February 2025UIN 27002

The question

To ask the Secretary of State for Energy Security and Net Zero, what plans he has to implement a national system to monitor petrol prices.

Answered by Miatta Fahnbulleh

The Government gave the Competition and Markets Authority (CMA) statutory information gathering powers which commenced on 1 January 2025 so that it can monitor and scrutinise petrol and diesel prices. The CMA will be able to assess how well competition is working in the road fuel market and advise government if further actions are needed to protect consumers.

The Government has also committed to implement Fuel Finder to increase price transparency, so consumers can compare prices to find the best deal and incentivise greater competition. Subject to legislation and parliamentary timings, we aim to launch Fuel Finder by the end of 2025.

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