Petrol Prices

Part of Oral Answers to Questions — Oral Answers to Questions – in the House of Commons at 12:00 am on 5th December 1977.

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Photo of Mr Robert Maclennan Mr Robert Maclennan Parliamentary Under-Secretary (Department of Prices and Consumer Protection) 12:00 am, 5th December 1977

The Government are monitoring this problem carefully. A report published by the Price Commission in 1975 set out reasons for variations in petrol prices, and further information was provided in 1976 by an interdepartmental inquiry. The Monopolies and Mergers Commission is currently studying certain aspects of the wholesale supply of petrol and is to report by 2nd February 1978.