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Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: The wholesaler sets the price at which the fuel is supplied to the retailer.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: Typically, the rate is determined two days prior to delivery.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: The only person who has no control is the consumer.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: But the wholesaler can decide the price charged to the retailer.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: I accept all that. A majority are passing on the reduction and a small few are clearly not. Charging €1.99.9, which is effectively €2, per litre of diesel is not passing on the reduction. Charging nearly €1.90 per litre for petrol, it is not passing on the rate 12 days after the reduction came. Can anything be done to ensure those particular operators pass the...

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: My next question is for Mr. Blevings. Typically, how long would it take for a retailer to use supplies? What would be the longest it would take? Does it take a day, two days or three days to replenish their supplies?

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: What is it typically?

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: Is that because of the location of that petrol station?

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: With the reductions in excise duty, surely the prices of diesel at €2 a litre and petrol at €1.90 per litre are too high when compared with all the other petrol stations in an area where they appear to be much lower.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: Is Mr. McSorley selling at a lower price in his other sites?

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: I accept that, but I was looking at it last Monday.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: Surely there is an inconsistency there given that all the other retailers in Limerick city and around are selling at a much lower rate.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: Mr. McSorley will appreciate that the public question it when they see this. I was amazed at what I found at 29 of the 33 petrol stations in different locations. I take the point he has made, but the public question it when they see such disparities with a 17 cent difference between the lowest and highest prices for diesel.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: We might start with Mr. McPartlan. Two of Mr. Blevings's colleagues were indicating earlier but I had run out of time. We might get them to come in on it.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: How much lower?

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: Would it be of the order of 20% or 30% lower?

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: I now call Ms McCaughey, followed by Mr. Cronin.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: I will not name it.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: That is a 17 cent increase.

Joint Oireachtas Committee on Transport, Tourism and Sport: Fuel Prices: Discussion (23 Mar 2022)

Kieran O'Donnell: We will bring Mr. McPartlan in on that. What is the security of supply of diesel? He might address petrol as well.

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