Campaign to introduce a PumpWatch body for fair fuel prices

That this House recognises the significant financial impact on the motorists from retailers failing to reflect the fall in oil prices at the pump; understands that when oil prices rise companies often pass that increase on to motorists, but when they fall, the saving is not passed on; further recognises the action the Government has taken to freeze fuel duty for twelve consecutive years saving the average motorist £15 every time they fill up; notes the success of the campaign group FairFuelUK and Howard Cox in saving motorists billions of pounds; and calls upon the Government to take further steps to form a PumpWatch body to ensure fair prices at the pumps.