Fuels: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of local variations in petrol and diesel prices between fuel retailers; and what steps he is taking to improve consistency and transparency.
Answered by Martin McCluskey
The Competition and Markets Authority (CMA) recent annual report found that competition has not strengthened since 2023, which was consistent with significant price variations within and between local areas.
Fuel Finder is now live, with all petrol filling stations in the UK required to publish their latest prices. Increasing price transparency will increase pressure on fuel retailers to compete strongly to attract consumers by lowering their prices, including at a local level.
The CMA will continue to monitor the road fuel market using statutory information gathering powers and will use Fuel Finder data to further assess regional pricing.
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