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1404316
registered interest false more like this
date less than 2022-01-19more like thismore than 2022-01-19
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Oil: Prices more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that falling wholesale oil prices are reflected at filling stations. more like this
tabling member constituency Harlow more like this
tabling member printed
Robert Halfon remove filter
uin 107545 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-01-24more like thismore than 2022-01-24
answer text <p>BEIS publishes weekly national average pump prices: <a href="http://www.gov.uk/government/statistical-data-sets/oil-and-petroleum-products-weekly-statistics" target="_blank">www.gov.uk/government/statistical-data-sets/oil-and-petroleum-products-weekly-statistics</a>. The Department’s analysis shows that both rises and falls in crude oil prices are passed through to consumers over the course of 6-7 weeks. No evidence has been found to suggest that, for given changes in crude oil prices, retail prices rise faster than they fall.</p><p> </p><p>Competitive markets ensure that consumers get a fair deal and that road fuel prices stay as low as possible. This framework delivers pre-tax prices in the UK which are below the European average.</p> more like this
answering member constituency Chelsea and Fulham more like this
answering member printed Greg Hands more like this
question first answered
less than 2022-01-24T16:02:00.56Zmore like thismore than 2022-01-24T16:02:00.56Z
answering member
1526
label Biography information for Greg Hands more like this
tabling member
3985
label Biography information for Robert Halfon more like this