Seanad debates
Thursday, 23 November 2006
Estimates for Public Services 2007: Statements (Resumed)
12:00 pm
James Bannon (Fine Gael)
This is factual. The Government allowed a 30% increase in electricity and gas prices. Circumstances have shown these price increases were based on a false assumption of worldwide oil prices. Oil prices have fallen dramatically since August but the regulator, with the backing of the Government, is refusing to reconsider such unrealistic increases.
No comments