• LATEST NEWS
  • Advice
  • MOTORING
  • WINTER HUB
  • YOUR HOME
  • Travel
  • AA Life
  • AA Jobs

All the latest news from AA Ireland on car, home, travel and life insurance

  • AA MEMBERSHIP
  • MOTOR
  • HOME INSURANCE
  • AA ROADWATCH
  • ROUTEPLANNER
  • HOTELS
  • WEATHER

Sharp Drop in Fuel Prices

date-icon 16 Aug 2016  author-icon Posted by Barry Aldworth


Average fuel prices in Ireland have fallen for the third month in a row, reaching their lowest level since April 2016.

A litre of petrol now costs an average of 127.5c, down 3.8c, with diesel prices dropping by 2.3c,according to the AA’s survey of national fuel prices.

Falling pump prices are partly the result of a recent drop in the cost of oil, which now sits at €45.54 compared to a high of €49 in mid-July.

“We are always pleased to see the price come down as it effects all of us.” Says Director of consumer affairs Conor Faughnan. “It has been an up-and-down year for fuel but the last few months have seen it move in the right direction.”

The AA points out the bigger problem is the amount of tax charged.

“A litre of petrol actually costs about 40 cents.” Says Faughnan. “Everything else is tax.”

The AA report finds that drivers operating a car which uses 150 litres of petrol per month can now expect to save an average of €5.70 compared to their spend in July. A typical Irish motorist is now spending approximately €191.25 per month on fuel.

To see a full breakdown of this month’s fuel prices, please click here.

Written by Barry Aldworth


  • SEARCH ARTICLES

  • New

    • How to Protect Your Home in a Storm
      February 21, 2021
    • Almost Half More Reliant On Car During Lockdown
      February 1, 2021
    • Switching Your Mortgage Protection could help you save
      January 27, 2021
    • Flat batteries: the number 1 cause of Irish breakdowns
      January 26, 2021
    • 7 New Year's Resolutions to Make 2021 a Safer Year...
      January 25, 2021

  • Bad Authentication data.

    followers

    1,190

    fans
    Subscribe
    To RSS Feed
  • Find us on Facebook




Copyright The AA (Ireland) 2020