Petrol drivers will be further out of pocket this month
Motorists are being hammered at the pumps with a “significant” surge in fuel prices over the past month, figures show.
The AA has said that volitility in crude oil prices due to recent international events such as tensions between the US and Iran has contributed to the fuel hike. “However, even when prices increased significantly there was no reduction in number of people driving which shows that simply increasing the cost of motoring in isolation will achieve nothing,”
In October 2019 fuel prices jumped to €6 jump per tonne following a carbon tax hike implemented by the government in Budget2020.
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