Skip to main content

Written question asked by Luke Evans (Conservative) on Thursday, 21 April 2022, in the House of Commons. It was due for an answer on Monday, 25 April 2022. It was answered by Greg Hands (Conservative) on Thursday, 28 April 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Fuel Oil: Prices

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the adequacy price competitiveness in the domestic heating oil market.

Answer

The Government believes it is essential that consumers of domestic fuels get a fair deal. There is an open market for the supply of heating oil in the UK as we believe this provides the best long-term guarantee of competitive prices. Changes in the price of heating oil are mainly driven by those in the underlying price of crude oil. The Department publishes regular price data at https://www.gov.uk/government/statistical-data-sets/oil-and-petroleum-products-monthly-statistics.

The supply of domestic bulk domestic heating oil is also subject to UK competition law and consumer protection through a regulatory scheme under the Competition and Markets Authority.


Secondary information

Type
Written question
Reference
157516
Session
2021-22
Subjects
Competition Housing Fuel oil Prices
Link
View this Written question on www.parliament.uk