MP raises importance of oil syndicates (From Tivyside Advertiser)

MP raises importance of oil syndicates

1:42pm Thursday 21st March 2013 in News

Ceredigion’s Welsh Liberal Democrat MP Mark Williams has raised the importance of oil syndicates in a debate on fuel poverty in Wales, which took place in Westminster this week.

Speaking in the debate alongside other MPs from Wales, Mark spoke about the emergence of oil syndicates in Ceredigion and the positive impact they are having on fuel costs in many communities, as neighbours and other groups bulk buy their oil to save money.

Commenting, Mark Williams said:

‘In Ceredigion most of us rely on oil to fuel our heating systems, and all too often oil providers charge those in rural areas high prices knowing they have a monopoly.  Recently more oil syndicates have emerged in our communities in Ceredigion, and they are saving money for people across the county.  The Department for Energy and Climate Change has done some work to encourage energy syndicates in the UK but I asked the Minister during the debate to do more on this issue, particularly for those in rural areas who have no choice but to use oil.’