Oireachtas Joint and Select Committees

Wednesday, 6 July 2022

Select Committee on Transport, Tourism and Sport

Estimates for Public Services 2022
Vote 29 - Environment, Climate and Communications (Supplementary)

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party) | Oireachtas source

I hope it was not rude of me to look at my phone but I wanted to check the current prices. The price of fuel is exceptionally volatile. This is an unprecedented time. Two years ago, the price of gas was approximately 40 cent or 50 cent a therm. It was at that level for 20 years or for as long as I can remember. It varied slightly. Yesterday, the price was more than 400 cent a therm. That was the wholesale purchasing forward price for next winter.

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