Prices of gasoline and diesel drop for the first time in three months

The average price of a liter of gasoline and diesel has fallen for the moment in more than three months, according to the latest fuel price survey conducted by AA Ireland

. the liter of gas currently costs 143.8c on average, after falling from an average price of 147.6c last month.

Meanwhile, the cost of a liter of diesel dropped by more than 3c, from 137.8c in June Despite the drop in prices at the pump, the cost of both fuels remains at the second highest level recorded in 2018.

"Rising fuel prices was one of the key facts Conor Faughnan, director of consumer affairs of AA, said: [TRADUCTION] after AA's previous research that fuel is one of the most important expenses when it comes to owning and running a car and that the sp As we saw it both in oil and diesel prices this year, it unnecessarily tarnished people from all over the country who were relying on their car to get to work or to their place of education

"Even with this welcome drop, Indeed , both fuels have increased by more than 10c compared to July 2017, so it is imp that we find a more permanent solution to deal with the high prices of the pump. 19659009] According to the monthly tracking of AA fuel prices, 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 diesel increased from 119.2c to 134.2c during the same period.

Among the factors that contributed to the monthly reduction in prices at the pump, there was a significant drop in the cost of crude oil.

After a rising trend for much of 2018, crude oil prices $ 74 a barrel of a peak of more than $ 79 earlier "While this decline in crude oil prices and the lowering what we pay at the pump is good news for motorists, oil prices remain very volatile, making it impossible to know if this trend will continue in the future, "added Faughnan.

"For a more permanent solution to fuel prices, we need to take a closer look at our current tax system, many of whom have no choice but to go to work and work. 39 out of it risk being sacked because of unreasonably high taxes on gasoline and diesel. "