Oireachtas Joint and Select Committees

Wednesday, 23 March 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Fuel Prices: Discussion

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent) | Oireachtas source

Before it was reduced, the duty difference between white and green diesel was something like 65 cent. Is that correct? It was either 65 cent or 67 cent and it came down by 15 cent. Why, for the week or two of price craziness, did it come to within 20 cent and 25 cent? Why were people quoted €1,000 for 500 litres of home heating oil when they could buy white diesel for that? Why were contractors quoted €1.60 or even €1.70 when they could buy white diesel, even at the high price at which they had to import it? Why was this gap closed overnight? What was going on in the market?

How many companies import oil directly into Ireland? It is my understanding that there are two or three-----

Comments

No comments

Log in or join to post a public comment.