Submitted on Saturday 5th March 2022
Rejected on Monday 14th March 2022
Current status: Rejected
Rejection code: duplicate (see below for details)
Introduce a law that will stop oil companies from imposing excessive fuel prices
Crude oil bought today, finds its way onto our forecourts as diesel and petroleum months down the line. Oil companies should therefore schedule any consequent price rises to coincide with the future refining and sale of that oil, and not impose them at the time the purchase of that oil is agreed.
People feel absolutely powerless to protest whenever oil companies summarily raise the price of diesel and petrol, either because the cost of future consignments of crude oil has risen or because the continuity of supply is at risk. The companies are profiteering, gaining as much advantage as they think the customer at the pump will tolerate. There should therefore be legislation that directly links the cost of fuel with the actual cost of the oil purchased - in advance - for its provision.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
We have published the following petitions, which you might like to sign:
Set up an independent regulator to monitor and regulate vehicle fuel pricing: petition.parliament.uk/petitions/605282
Hold an inquiry into fuel prices and introduce increased regulation: petition.parliament.uk/petitions/603624
18.119.167.33 Sun, 17 Nov 2024 19:27:00 +0000
