Skip to main content

Transport: Fuel Prices

Volume 702: debated on Tuesday 24 June 2008

asked Her Majesty's Government:

What recent forecasts have been made of the retail price of unleaded vehicle fuel in (a) six months' time, (b) one year's time, and (c) two years' time. [HL4118]

The Department for Business, Enterprise and Regulatory Reform does not publish retail price forecasts for oil, including unleaded vehicle fuel.

It publishes oil, gas and coal price assumptions for the period till 2020, which are used in the department's analytical work, where relevant. The updated set of future oil price assumptions published in May 2008 can be found using the following links:

www.berr.gov.uk/energy/environment/projections/recent/page26391.html

www.berr.gov.uk/files/file46071.pdf