Dáil debates

Wednesday, 6 December 2006

Financial Resolution No. 2: Mineral Oils

 

6:00 pm

Photo of Seán ArdaghSeán Ardagh (Dublin South Central, Fianna Fail)

I welcome the reduction in excise duty relating to heating oil, which will work out at a decrease of €8 on 500 litres or €16 on 1,000 litres. The reduction will come into effect on 1 January 2007. I hope that a cold snap, accompanied by heavy snow, does not occur at the end of this month when people are waiting to purchase home heating oil. The cost of such oil increased in recent times following increases in the price of petrol and oil on the world stage.

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