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Set a maximum wholesale price for oil and gas extracted from UK waters

Submitted by Leroy Hickson on Wednesday 18th May 2022

Published on Tuesday 31st May 2022

Current status: Closed

Closed: Wednesday 14th December 2022

Signatures: 41

Relevant Departments

Tagged with

Citizens ~ Companies ~ Draw ~ Extreme ~ Fossil fuels ~ Law ~ level ~ market ~ Markets ~ plan ~ Price ~ Sell ~ Tax ~ Time ~ UK citizens ~ windfall ~ windfall tax

Petition Action

Set a maximum wholesale price for oil and gas extracted from UK waters

Petition Details

The Government should set a maximum price that companies which draw fossil fuels from UK waters can sell it at to the wholesalers who supply the UK market. This should allow the companies to still earn profits, but not at extreme levels. Compromise is required.

Additional Information

Emergency laws to control the price of essentials such as wheat and food oils are being used by other countries in times of need, so we need to do the same to protect our most vulnerable. A one-off windfall tax is just that, a one-off. We need a longer-term plan to support UK citizens.


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