As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.
That this House is disappointed that despite a unanimous vote in Parliament calling for an investigation, the Office of Fair Trading (OFT) has refused to hold a full inquiry into allegations of anti-competitive behaviour in the petrol and diesel market; notes that their decision is despite evidence of market abuse handed to them by hundreds of independent petrol stations, transport firms, small businesses and members of the public through RMI Petrol, the AA, petrolpromise.com and FairFuelUK; further notes that even the OFT report admits that over the last 10 years the combined gross margin for refining, wholesaling and retailing has increased by 3.4 pence per litre for petrol and 7.2 pence per litre for diesel and that taking account of inflation, this represents an increase in real terms of 14 per cent for petrol and 41 per cent for diesel; and therefore calls on the OFT to reconsider its decision not to hold a full inquiry and to step up the pressure on the oil companies and financial speculators who are pushing up prices at the pump.