|17 July 2023|
Downstream Fuel Association (DFA) members pledge support to improve transparency of fuel prices.
DFA members have pledged their commitment to work with the Competition and Markets Authority (CMA) to design a voluntary open data “fuel finder” scheme to make it easier for drivers to compare up to date fuel prices.
Attending a ministerial round table chaired by the Secretary of State Grant Shapps, Tesco, Sainsbury’s and Morrisons joined other major fuel retailers to discuss government plans to improve pricing transparency for consumers.
The government will consult on plans to mandate the provision of pricing data and the appointment of an independent industry monitoring body in the Autumn. In the interim, they have asked the CMA to introduce a voluntary reporting scheme.
DFA CEO Teresa Sayers said:
“Tesco, Sainsbury’s and Morrisons, who are members of the DFA, welcome increased transparency regarding fuel pricing and are committed to working with the CMA to help consumers make an informed decision on where to refuel. As major fuel retailers they collectively represent around 14% of operational petrol stations in the UK. Pricing data for all of these sites, across all grades of fuel, is available through their internal reporting systems”.
DFA members stand ready to share their data with the CMA and to assist in the design of a voluntary reporting mechanism. The frequency of data collection and the timeframe for which the data is valid needs clear definition to ensure consumers have access to comparable, accurate, pricing data from participating retailers. Consideration also needs to be given to competition law and the sharing of real time pricing data. We will engage fully with the CMA to address these issues”.
The CMA are looking to launch the voluntary Scheme by the end of August.
|STANDARD PETROL HAS CHANGED to E10
95% of all petrol-powered vehicles can use E10 petrol including
all cars built since 2011. If your petrol vehicle is not compatible
with E10 fuel, E5 will still be widely available to purchase.
Click here (Fuelling a greener future – E10 petrol available at pumps from today) for more information.
Check your vehicle compatibility at gov.uk/E10checker
Petrol is now labelled E10
Diesel is now labelled B7
The Downstream Fuel Association – or DFA – represents companies involved in both wholesale and retail activities relating to transport, aviation and heating fuel oils in the UK.
DFA members trade and source these fuels, as well as storing and selling them through a nation-wide network of over 1,300 petrol forecourts and a number of terminals. Each week the DFA members sell over 260 million litres of fuel and serve 8.9 million cars, vans, lorries and motorbikes.
The job of the DFA is to inform its members of proposed legislation and other developments in the fuels sector and make joint representations for them to the UK Government and to the European Commission. Also they contribute to the standards of authorities such as BSi and CEN.
DFA members together have a substantial share of the UK road fuel market.