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PETROL PRICES

Early day motion 795, tabled 28 January 2008 by Lindsay Hoyle (Labour). Signed by 59 members.

That this House notes that the price of crude oil has recently fallen to $90 per barrel; recognises that this is a consequence of the fluctuations of the stock market which have caused concern over future levels of demand for crude oil; notes that the price of petrol has steadily risen to reach well over 100 pence per litre on the premise that these prices reflect the rise in oil prices; and calls on the main petrol retailers to match the recent decline in oil prices by reducing the price of petrol.

Signatures by party: Labour 32, Liberal Democrat 8, Conservative 7, DUP 5, Plaid Cymru 2, Scottish National Party 2, Social Democratic and Labour Party 2, Independent 1.