Petrol: Newbury
The question
To ask the Secretary of State for Energy Security and Net Zero, what steps he plans to take to support residents with recent trends in petrol prices in Newbury constituency.
Answered by Miatta Fahnbulleh
The Government response to the road fuels consultation published on 30 October 2024 confirmed that Government will implement the recommendations made by the Competition and Markets Authority (CMA) to:
- Set up a statutory open data scheme for fuel prices, called Fuel Finder.
- Provide the CMA with information gathering powers – which commenced on 1 January 2025 - so it can monitor and scrutinise fuel prices.
Fuel Finder will increase price transparency and help drivers easily compare prices and find the best deals. This will increase pressure on fuel retailers to compete strongly to attract customers. Subject to legislation and parliamentary timings, we aim to launch Fuel Finder by the end of 2025.
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