Oireachtas Joint and Select Committees
Wednesday, 18 February 2015
Joint Oireachtas Committee on Transport and Communications
Regulation of Gas Industry: Discussion
9:30 am
John O'Mahony (Mayo, Fine Gael) | Oireachtas source
This came about because of the fall in fuel prices and gas prices. Ms Brien has clearly identified that gas is at issue. Some of the providers have reduced their prices in the past number of weeks but this is not coming into play until late March or April. The public is saying that it goes up quickly but does not come down as quickly. Ms Brien referred to the fact that wholesale gas prices had dropped by 8% but I understood that it was 30% or 27%.
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