Residents in rural Lancashire are reportedly facing a steep increase in the cost of home heating oil, with prices doubling since the onset of heightened tensions between the US, Israel, and Iran, according to local council members.
The current instability in oil supply chains has forced some households to accept prices dictated at the time of delivery, foregoing the ability to secure a price in advance.
Councillor Simon Hore, leader of Ribble Valley Council, addressed the escalating oil costs during a Policy and Finance Committee meeting, while discussing the £53 million government support package announced in March.
“An elderly couple in their 80s shared that they had to find £1,000 for an oil delivery, and suppliers are not providing quotes. The situation is proving to be very challenging,” he stated.
Councillor Kevin Horkin echoed these concerns, saying, “Many elderly individuals in villages throughout the borough are deeply worried.”
“The price of oil was £440 for 500 litres just a month ago, but it has now risen to £850 or £860, contingent on the daily rate.”
“In some instances, the price has increased by 100%.”
“While discussions of a national price cap in the coming months are welcome, this issue is impacting residents of Ribble Valley right now.”
He further emphasized, “We require an accessible and transparent assistance program, ensuring that the public is aware of the support available to those facing this crisis.”
On March 15, the government announced a £53 million support package through the Crisis and Resilience Fund, aimed at helping low-income households in rural communities cope with rising heating oil prices.
Millions of pounds have since been allocated to Lancashire County Council for distribution over three years, according to the Local Democracy Reporting Service (LDRS).
Of that allocation, £400,000 has been specifically designated for the Ribble Valley, including £37,000 for affordable warmth assistance, the LDRS reported.
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