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Dublin: 4°C Thursday 4 March 2021

Average driver to spend €243 on petrol this month, paying €138.50 in tax

The latest price survey by the AA Roadwatch has shown that petrol now costs an average of 162 cent per litre, while diesel costs an average of 153.8 cent.

Image: Fuel price via Shutterstock

The AA ROADWATCH has criticised the amount that road users are having to spend on petrol on diesel, saying that it “burdens business”.

Despite the latest price survey having shown a slight drop in both petrol and diesel, the AA Roadwatch have calculated that a typical Irish car (covering 19,200 kilometres per year) doing typical mileage (48.2 kilometres per gallon) will result in drivers spending €243 on petrol this month, of which €138.50 is tax.

Petrol now costs an average of 162 cent per litre, down one-tenth of one cent on last month, while the cost of diesel has dropped by 2.7 cent to an average of 153.8 cent.

The director of consumer affairs at AA Roadwatch, Conor Faughnan, said that the prices could drop a further two cent this month.

“I would not get too excited though,” he said. “Better than a move the other way but prices are still hovering around at a very high level.”

Oil prices

Despite a recent sharp drop in the price of oil, the AA Roadwatch said that this does not have as big an impact on fuel prices as drivers would believe, with over 57 per cent of the price of both diesel and petrol being tax.

“For a road-dependent island economy with relatively poor public transport this is altogether too much.” said Faughnan. “It burdens ordinary people and it burdens business in an ongoing anti-stimulus effect.”

Read: Commuters could save thousands by ditching their cars – Bus Éireann >

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Paul Hyland

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