IRISH petrol prices

2022 - 3 - 3

fuel prices ireland

Post cover — Image courtesy of "Independent.ie"

Applegreen warns of 'substantial' rise in petrol and diesel prices ... (Independent.ie)

LEADING motor fuels retailer Applegreen has warned of a “substantial” increase in petrol and diesel prices for its business customers from tomorrow.

“We have already seen the price of fuel increase rapidly as a consequence of scarcities in supply and these shortages have placed our sector in a perilous position,” he wrote. AA Ireland has been calling for a cut in the excise duty on petrol and diesel, with up to €1 of the price of a litre made up of Vat, excise duty and carbon tax. Earlier this week Tánaiste Leo Varadkar told the Dáil the Government is to look at reducing excise duty in order to cut the cost of fuel to the consumer. Petrol and diesel prices have been going up by a couple of cents a week at the moment. “As our LowFuelCard is priced on a week-to-week basis, this will bring the price of fuel for B2B [business to business] customers into line with the price for retail customers, who have already seen prices increasing at the pumps over the past week.” The move comes as the cost oil has been soaring on world markets, hitting levels not seen in a decade and a half due to the Russian invasion of Ukraine.

Applegreen warns business customers of 'substantial increases' in ... (thejournal.ie)

It means the price of fuel will be the same for business customers as for retail customers, the Irish company said.

But due to the financial pressure brought on relating to the Russian invasion of Ukraine, inflation could rise to as high as 10%, experts have warned. Just how bad will this crisis have to get before this government takes action? Home heating oil has gone up from an average of €550 to €700 in a matter of days.

'Substantial' fuel price rise on the way to forecourts (RTE.ie)

Forecourt retailer, Applegreen, has confirmed that its business customers who use fuel cards have been informed of 'substantial' price increases for petrol ...

The Department’s statement also said that the "operational issues" around the release of oil reserves from the National Oil Reserves Agency (NORA) "are being worked through". The Department was responding to a query from RTÉ News about the imminent arrival of a tanker carrying oil from a Russian Baltic port on 9 March. Meanwhile, RTÉ News has learned that a consignment of oil from a Russian port in the Baltic is due to arrive in Dublin Port next Wednesday.

Applegreen Warn Of 'Substantial' Rise In Fuel Prices From This ... (Extra.ie)

Motor fuels retailer Applegreen has warned customers of a 'substantial' rise in petrol and diesel prices from this Saturday onwards.

AA Ireland have since been calling for a cut in the excise duty on petrol and diesel, with up to €1 of the price of a litre of fuel, being made up of VAT, excise duty and carbon tax. Prices per litre of petrol have jumped to €2 in some Irish stores, with those relying on the road being hit with a huge increases in costs over the coming weeks. This undesirable move comes as the global cost of oil sky rockets due to the ever increasing conflict between Russia and Ukraine, hitting levels not seen in over a decade.

Two rural counties faced with highest oil prices in Ireland as bills top ... (Irish Mirror)

There have been widespread reports of petrol prices skyrocketing, with one station in Dublin now charging 200.0c per litre. A website dedicated to tracking the ...