Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation
Dail Éireann — 2022-06-23
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Michael Moynihan (FF), Cork North-West

There have been many discussions in the House about the cost of fuel and the way it is impacting on society and on the challenges many families are facing. I would point to two statistics. In 2008, the price of oil was €187 a barrel and the price at the pumps was €1.30 a litre for petrol. Today, it is €107 a barrel and the price at the pumps is €2.11 a litre. Why is there such a difference, given it was exceptionally high back then and it was at what we would call a reasonable price today? Is there something the Government can do to examine this - for example, to take a number of years and see why the price of crude did not result in the enormous increase at the pumps that we are witnessing today?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2022-06-23/debate/main
Retrieved: 2026-08-14T04:50:48+00:00
Sitting date: 2022-06-23