Spot oil prices were around $75 per barrel in early July 2021. They crashed after the coronavirus pandemic and subsequent lockdown led to a dramatic cut in demand. Prices fell from almost $70 a barrel in early January to below $20 per barrel in late April 2020. Oil prices peaked in July 2008 at almost $150 per barrel and were in the $100-125 range for much of 2011 to early 2014.
Average mid-June prices for petrol and diesel were 129.5 and 133.2 pence per litre respectively. They fell rapidly after the coronavirus outbreak largely due to sharp drops in oil prices. Since the first lockdown prices have increased again and are now above their immediate pre-pandemic levels. The UK had the 10th highest petrol and 2nd highest diesel prices in the EU+UK.
There will be a Westminster Hall debate on the Oxford Cambridge Arc on Tuesday 13 July 2021 at 2:30pm. The debate will be led by Steve Baker MP.
Research Briefing
The Police, Crime, Courts and Sentencing Bill [Bill 268 2019-21] (the Bill) is a Government Bill introduced to Parliament on 9 March 2021. The Bill’s Second Reading is scheduled for 15 and 16 March. This landing page provides an overview of the Bill. It also provides links for further Library briefings on specific aspects of the Bill.
Research Briefing
This paper explains what electric vehicles are and how successive governments have planned for infrastructure and provided vehicle grants and incentives to encourage and accommodate their growth. It also sets out how the electricity grid is preparing to accommodate any increased demand from EV charging and looks at comparative emissions from EVs and conventional vehicles.
Debate Pack
A Westminster Hall debate on the Government's Transport decarbonisation plan will take place on Wednesday 16 June 2021 between 9.25-10.55 am
Research Briefing
This briefing paper provides an overview of the existing legal framework for electric scooters (e-scooters). It also analyses the arguments for and against legalising e-scooters on UK roads, drawing on the limited evidence from other countries and cities that have sanctioned their use.
Research Briefing
This paper considers some of the key implications of ‘connected and autonomous vehicles’ (CAVs), often referred to as self-driving cars, for the UK road transport sector. It includes discussion of the potential benefits of road-based CAVs; barriers to adoption; and the evolving regulatory framework.
Debate Pack
A Westminster Hall debate on 'a Proposal for an outer London congestion charge' will be held on 23 March 2021
Debate Pack
A Westminster Hall debate on the ‘Union Connectivity Review’ has been scheduled for Tuesday 16 March 2021 . The debate has been initiated by John Lamont MP.
Research Briefing
The Police, Crime, Sentencing and Courts Bill 2019-21 was introduced to the House of Commons on 9 March 2021. Second Reading is scheduled to take place on 15 March 2021. Part 5 of the Bill provides for road traffic related offences and related issues.
Insight
There are new requirements for UK licence holders driving within the EU and for EU licence holders driving in the UK.
Research Briefing
Parliament has been recalled to adopt the legislation required to implement the UK-EU Trade and Cooperation Agreement. This briefing provides an overview of the Agreement and the Bill to implement it
Research Briefing
With days left before the end of the Brexit transition period, it is still not clear if there will be a new UK-EU agreement in place when it ends. But some things will change whether or not there is a deal. This briefing sets out key changes and UK and EU preparations
Research Briefing
The Brexit transition period ends on 31 December 2020. This briefing provides analysis of the impacts on the aviation and road haulage sectors at the end of the transition period whether the UK and EU enter into an agreement or not.
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