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The average cost of a liter of gasoline and diesel has been falling for more than 3 months according to AA Ireland's latest fuel price survey.
According to the automobile organization, a liter of gas currently costs 143.8 c on average, having dropped from an average price of 147.6c last month. Meanwhile, the cost of a liter of diesel has dropped more than 3c, from 137.8c in June this year to a current average of 134.2c per liter. Despite falling prices at the pump, the cost of both fuels remains second in 2018.
"Rising fuel prices was one of this year's major auto stories," he said. There is no doubt that the average motorist this lower prices at the pump. We know from previous AA research that fuel is one of the most important expenses when it comes to owning and driving a car and soaring prices. oil and diesel this year was putting a strain on people across the country. on their car to get to work or to their place of education, "said Conor Faughnan, director of consumer affairs. "Even with this welcome drop, we still pay a lot more for gasoline and diesel than in the past, in fact both fuels are up more than 10c compared to July 2017, so it's important that we Arriving at a According to the monthly price of AA fuels, over the past 12 months, the cost of a liter of gasoline has gone from 131.9c to the current level of 143.8 while that diesel went from 119.2c to 134.2c in the same period.
Among the factors that contributed to the monthly reduction in pump prices was a significant drop in the cost of crude oil. After an upward trend for much of 2018, crude oil prices have now fallen to about $ 74 per barrel, up from $ 79 earlier this month
"while this decline in crude oil prices pay at the pump is good news for motorists, oil prices remain very unstable, making it impossible to know if this trend will continue in the future, "added Faughnan. "For a more permanent solution to the price of fuel, we need to take a closer look at our current tax system – many who have no choice but to get to work and to work. go out are likely to be fired as a result of overly high taxes on gasoline and diesel. "
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