The Irish Petrol Retailers Association is today launching a petition calling on the Irish Government and Minister for Finance Michael McGrath to immediately STOP the planned increase in excise in both petrol and diesel motor fuel due to take place on the 31st March 2024. We have already seen the biofuel cost increase by 2cpl…
The Irish Petrol Retailers Association are today making a last ditch effort calling for a delay to the launchon the Deposit Re-Turn Scheme [DRS]. Many may ask what is the DRS and don’t yet realise how it willaffect them despite a launch date of 1st February 2024. The very recently launched ads on the TV…
14 December 2023 Michael McGrath TDMinister for FinanceLeinster HouseKildare StreetDublin 2 Dear Minister McGrath On behalf of the Irish Petrol Retailers Association [IPRA] we are writing to you today to request the immediate suspension of the planned increase in excise on motor fuel scheduled under Budget 2024 for both 1st April and 1st August 2024.…
The Irish Petrol Retailers Association (IPRA) welcomed the Finance Ministers decision to postpone the excise increase that was due to be implemented on the 31st October. The increase would have raised retail fuel prices by a further 8cpl on petrol and 6cpl on diesel. IPRA spokesperson, David Blevings said, “IPRA wrote to the Minister pointing…
The Irish Petrol Retailers Association (IPRA) is disappointed that the Government is continuing to implement the scheduled increase on fuel excise duty on 1st September. “When global oil costs are increasing, now is not the time to stretch struggling families and businesses even further. This the second of three scheduled increases that the Government had…
Everyone assumes that high fuel prices equal massive profits for forecourts – nothing could be further from the truth. As a nation, we have all seen prices rising almost daily, mostly because of the war in Ukraine which has severely impacted energy costs and the knock-on effect that this has had in manufacturing and supply…
The heightened geo-political tensions resulting from Russia’s invasion of Ukraine, and the package of economic sanctions imposed by the West in response, means that we have seen unprecedented increases in prices for crude oil and refined petroleum products (petrol & diesel). Responding to negative press coverage about increased prices, David Blevings said, “It is important…
Oil prices breached $100/barrel earlier this week on the news that war had broken out in Ukraine. David Blevings, spokesperson for the IPRA said,” Prices were already inflated, driven by strong demand from unprecedented economic growth and a lack lustre approach to increasing stocks from OPEC members. World oil stocks are at a seven-year low,…
The Government has been urged to follow Swedish moves to cut taxes on petrol and diesel as a means to help people struggling with the price of energy bills. Last month, its parliament was asked to green light the move amid surging costs, saying it would reduce forecourt prices by 5 cent per litre, lowering…
“As you are aware fuel prices have risen significantly in recent months. The primary driver is the increase in crude oil costs which have recently passed $US 85/barrel for Brent Crude. This is more than a 50% increase since January 2021 and something the retailer has no control over. It has been caused by a…