Oireachtas Joint and Select Committees

Wednesday, 23 March 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Fuel Prices: Discussion

Mr. Declan Cronin:

It is a 17 cent increase between 16 March and 23 March. Each weekday we get a different price. Many retailers are nearly afraid to put up their prices now, so we are selling fuel at two prices at the moment.

My second point is a general question. I have been in this business a while and have been through two fuel shortages. At the moment, in Europe, there is a shortage of diesel. Has the transport committee a plan for diesel? Diesel is essential for our country, its workforce and so on. It looks like there is a shortage of refined diesel in Europe. I think it is even worse than the most recent fuel shortages because there are fewer refineries in Europe than there used to be, so the supply chain, I believe, is weaker than it used to be. The UK is now down to six refineries, and I think one of those supplies Ireland with half our fuel.

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