What goes up…
… stays up, apparently.
In the wake of the Government’s decision to cut excise duty by 15c on diesel and 20c on petrol, it appears that certain petrol stations around the country hiked up their prices. When the cut in excise came into effect, prices for consumers stayed the same and some garages pocketed the profit.
Irish Twitter users have taken to the platform to share photos of various offending petrol stations, where prices reached as high as an eye-watering €2.33 a litre.
— Kevin O’Brien 🇺🇦🇮🇪🍀🐴 🐎 (@CornontheKOB85) March 9, 2022
Many users even called for a boycott of garages that participated in this type of so-called “price gouging”.
People Before Profit TD Paul Murphy called for controls in the Dáil on Wednesday, before the cuts were due to come in, asking Taoiseach Michael Martin what “exactly are you doing to ensure that the big oil companies don’t simply pocket the excise cut?”
For his part, Michael Martin told his parliamentary party that “such profiteering is completely unacceptable on fuel prices. It is a barbaric act of cruelty on a civil population.”
But so far, no measures to combat price-gouging have been announced.