Boris Johnson wants to name and shame petrol stations that refuse to lower fuel prices.
He has held the department responsible for transportation Preparation of proposals to expose the defaulting firms.
transport secretary Grant Shapps To give them name and shape, the government-run Forecourt Watch or Pump Watch scheme has been suggested.
A cabinet minister said: “It is not up to the government how much profit the business makes. But when we cut the fee by 5 paise, you expect good capitalists to take it forward.”
This comes after the motoring body RAC warned that retailers were charging an average of 5p-per-litre more in March than before.
Senior ministers also discussed the imposition of tax on petrol firms last week. unexpected tax On oil and gas companies.
But it is understood that the ministers agreed to take less interventionist measures,
Earlier this month we told how FatCat Oil Boss More Than Doubling Forecourt’s Profits In Last Four YearsSparking calls for price cuts.
Data from FairfuelUK campaigners show companies make 126% more year-on-year average tank of petrol From 2016.
This is £6 every time an average motor is topped up.
Tory MPs urged cut prices of 10 p.
wanted something Chancellor Rishi Sunki To impose unexpected taxes on fuel companies.
Calling for a pricing watchdog, FairFuelUK’s Howard Cox said: “It baffles millions that prosperous businesses care little for their customers’ plight in times of financial uncertainty.
“Oil barons are the new oligarch who are multimillion-dollar for the oil company CEO with billions in profits and salaries.
“Meanwhile motorists with hard pressure on the pumps are being driven away.”