Seanad debates
Tuesday, 26 May 2015
Order of Business
2:30 pm
Tom Shehan (Fine Gael) | Oireachtas source
Last winter I asked about the role of the energy regulator when the cost of fuel went through the roof. We were promised then that electricity costs would fall by the end of April. I have not been contacted by anybody whose electricity bills have dropped as a consequence. The electricity suppliers promised that the cost of electricity would drop.
Can the Deputy Leader arrange a debate with the Minister for Communications, Energy and Natural Resources on the job description of the energy regulator? As of this morning, crude oil cost $59 a barrel and yet the price of petrol has risen consistently over the past few weeks to between €1.41.9 and €1.42.9 per litre. Fuel costs have risen weekly. What is the job of the energy regulator? How can the fuel companies substantiate raising the cost of fuel when a barrel of crude oil is $59?
No comments