Early Day Motion·EDM 795
PETROL PRICES
28 January 200860 Signatures
Primary sponsor
Sir Lindsay Hoyle
Speaker — Chorley
Motion Text
That this House notes that the price of crude oil has recently fallen to $90 per barrel; recognises that this is a consequence of the fluctuations of the stock market which have caused concern over future levels of demand for crude oil; notes that the price of petrol has steadily risen to reach well over 100 pence per litre on the premise that these prices reflect the rise in oil prices; and calls on the main petrol retailers to match the recent decline in oil prices by reducing the price of petrol.