Oireachtas Joint and Select Committees

Wednesday, 23 March 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Fuel Prices: Discussion

Mr. Kevin McPartlan:

That is matter for the Government. The level we are required to hold is, as I understand it, a matter of international treaty law. The Government probably could make a decision to hold more than that. However, if we try to do that quickly, NORA would be buying stock at the current very high prices and it would be a remarkable expenditure for the Government to move beyond 90 days' supply.

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