[Si Coe]

Rather than reducing fuel duty (which is just another tax and will get taken off us elsewhere) what needs to be done is some reigning in of the price gouging done by the oil companies.
The price of crude has risen, but the price at the pump rises a lot faster. When the price of crude falls, pump prices don't. If the Government slashed off 10p of tax on a litre, the price at the pump would only fall 8p.
The oil industry makes insane profits, and basically buys itself political safety. Hell - they had the clout to initiate 2 wars in Iraq and one in Afghanistan, which cunningly the tax payer actually foots the bill for.

Unfortunately fuel tax in the UK hides their antics somewhat compared to other countries. The oil companies tend to blame high prices on tax, yet still make literally billions in profit!