RHA applauds oil price investigations
The Road Haulage Association delighted to learn that a formal investigation into the issue of oil price fixing is finally under way. Commenting, RHA Chief Executive Geoff Dunning: "Since the original fuel protests way back in 2000, we have been of the opinion that there should be far more transparency among the oil companies. Yet every time we raised the issue our concerns were dismissed out of hand.
“Last year we raised this very issue with the Office of Fair Trading, only to be told that, in their opinion, there was insufficient evidence to support such a claim. Today’s news that the European Competition Commission have already begun a formal investigation is tremendously encouraging; for the motorist in general, the haulage industry in particular and the UK economy as a whole.
“At a time when the businesses are desperately trying to get back on their feet after several very difficult years, there finally appears to be a light at the end of the oil pricing tunnel. All too often we use the EU as a scapegoat when it comes to the rules and regulations that surround the UK road freight industry. This is a time when we are pleased to be among the first to say ‘on behalf of UK hauliers, thank you Brussels’ “.