Some constituents have written to me about fuel prices and the FairFuel campaign.

I know this campaign raises a number of issues, however I welcome the progress that the Government has made. Unfortunately, due to diary commitments, I am unable to attend the reading of the 10 Minute Rule Bill on 1st February.

The Competition and Markets Authority, the body charged with monitoring competition within UK markets, investigated the fuel retail market in 2013 in order to determine whether there was anti-competitive behaviour by market participants. It found no evidence that retailers are colluding to fix pump prices.

Reduced duty rates are offered on alternative fuels as an incentive for drivers to move to cleaner fuels. Liquefied petroleum gas, compressed natural gas, liquefied natural gas, biomethane and aqua-methanol all benefit from reduced duty rates.

The Government recognises that fuel costs remain a significant part of business and household costs. Motorists paid the costs when oil prices were high, they should not be penalised when oil prices fall. Fuel duty will remain frozen for a seventh year. In total this saves the average car driver £130 a year and the average van driver £350. This is a tax cut worth £850 million next year, and means the current fuel duty freeze is the longest for 40 years. This is something I welcomed at the time of the budget, as continuing to help motorists and businesses here in the High Peak.


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