Oireachtas Joint and Select Committees
Wednesday, 23 March 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
Fuel Prices: Discussion
Mr. David Blevings:
I thank the Senator for the question. I do not think we have ever seen volatile pricing like this.
The pricing in the marketplace, as the representatives of the AA will probably tell the committee, is very competitive. Once a retailer in an area starts to move his or her prices up or down, the others will follow. It has been a difficult time for the retailers. I would not say there has been a time when retailers have purposely kept their prices high. At the end of the day, competitive forces will bring that product price down.
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