Donegal fuel prices are up at the pumps

Highest since 2015

By Eamonn McFadden

Reporter:

By Eamonn McFadden

Email:

eamonn.mcfadden@donegaldemocrat.com

Petrol pump

Fuel prices rising to 2015 levels.

With the price of petrol and diesel reaching its highest level since 2015, Donegal drivers are seeing a rise of up to 5c per litre at the pumps within the last month.

The Donegal Democrat has been monitoring prices in the county over the last week and noted the cheapest fuel prices were €1.34.9 for petrol and €1.24.9 for diesel.
The most expensive fuel was €1.37.9 for petrol and €1.27.9 for diesel.
The majority of stations monitored ranged between €1.34.9 and €1.35.9 for petrol, with diesel ranging between €1.24.9 to €1.26.9.

According to the AA the cost of fuel has reached its highest level since late 2015 according to the latest AA Fuel Price Index, as the average price of a litre of petrol rose by 4.9c and diesel by 5c within the last month.

The AA’s analysis shows that the average price of a litre of petrol now sits at 136.3c per litre with a litre of diesel costing an average of 126.9c. The latest figures represent the latest in a series of fuel price increases for motorists, with the price of a litre of petrol now at its highest since September 2015. Meanwhile, the price of diesel has climbed to its highest level since August 2015, as prices of petrol and diesel rose for the fourth successive month.

“While motorists were perhaps bracing themselves for an increase in fuel costs early in 2017 as oil prices have steadily risen in recent months, the latest price rise represents the largest single month increase in prices since March 2015,” Conor Faughnan, Director of Consumer Affairs at AA Ireland highlighted. “While it’s impossible to know what the long-term future holds when it comes to fuel prices, currently all the factors which inform prices are trending into the wrong direction for motorists.”