petrol and diesel
The UK Government has initiated a programme to enhance transparency in fuel pricing
New drilling licences in UK waters would have a minimal impact, contributing less than 1% to each fuel type used in the UK by 2030, according to new analysis
The CMA’s update on the road fuel market study highlights concerns over declining competitive intensity in the retail of petrol and diesel
Current analysis reveals that petrol prices remain high compared to wholesale costs, with consumers losing out, while retailers profit
The UK Energy Secretary is set to meet with prominent retailers, such as Asda, Tesco, Morrisons, Sainsbury’s, bp, Shell and Esso, to discuss measures aimed at ensuring fair fuel prices
The projected market share of BEVs in 2023 has been downgraded from 19.7% to 18.4% due to high energy costs and insufficient charging infrastructure
The RAC believes diesel should have seen a greater reduction as its wholesale price was similar to petrol for most of March
This is to ensure prices are fair for the consumer and reflect the wholesale cost
Money is the main barrier, with energy prices on the rise – a report suggests
A recent report suggests the government is not doing enough to discourage polluting behaviours