Petrol prices a 'problem' as report warns of possible rationing

Transport secretary Philip Hammond has admitted that the current level of fuel prices is "clearly a problem" while a parliamentary report suggests that petrol could be rationed to meet green targets.

The All Party Parliamentary Group on Peak Oil, a group of MPs chaired by Lib Dem John Hemming, has said "fuel rationing will be needed by 2020" if the government is to meet its targets of reducing emissions by 80 percent by 2050.