AA blames Government taxes for high fuel price

AA blames Government taxes for high fuel price

The AA have today criticised the Government after the announcement that petrol and diesel prices are set to soar by four or five cent per gallon next week.

The rise would bring the cost of a litre of petrol to an average of €1.70, while diesel will rise to €1.60 per litre.

Other factors affecting the price hikes are an increase in the cost of oil worldwide and the drop in value of the euro against the dollar.

Conor Faughnan of AA Ireland said that Government taxes are playing a big part in pushing up the prices at the pump.

"The biggest factor of all is Irish Government taxes which are almost 60% of every cent that we spend on petrol, and slightly less on diesel," he said.

"There's an enormous amount of tax spent on fuel. Really it's those supertaxes, layered on top of rising prices, which means, at the pumps, Irish motorists are paying more than they ever have before and unfortunately that's going to get worse next week."


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