20/02/2012

NI Fuel Prices Investigated

A call has been made for an Office of Fair Trading investigation into the transparent pricing of fuel in Northern Ireland.

This follows news that the country faced the highest Diesel prices in Europe last month.

Meanwhile according to a report by the Consumer Council NI consumers faced the highest cost for petrol, diesel or both across the UK and the Republic of Ireland during every month in 2011.

SDLP South Down MP Margaret Ritchie has supported calls for an investigation.

She said: "The UK Parliamentary debate, which takes place on Wednesday, will look at the cost of fuel duties in the North, which have rocketed in recent years."

"When you combine spiraling fuel costs with the higher cost of car insurance in NI - a region which has an average income well below the national average – you see a staggering inequality which cannot continue," she continued.

Ms Ritchie concluded: "When both motorists’ groups and petrol retailers are coming together to speak with one voice and ask the OFT to investigate how fuel pricing here is operating, we know this is a problem worth tackling.

"On Wednesday afternoon the Westminster Hall debate which I have secured will ask the probing questions which need to be asked to help chart the course to a fairer deal for Northern Ireland’s fuel users and seeking an item in the next budget which militates against excessive fuel duties."

(LB)


Related Northern Ireland News Stories
Click here for the latest headlines.

20 September 2011
Gas Price Hike 'Fuels Winter Woes'
The gas supplier, Firmus Energy has ended its previously announced summer price freeze and is set to increase tariffs by over 35% from 1 October - fuelling fears over 'fuel poverty' among the most needy. It has around 8,500 customers in the greater Belfast area - compared to competitor, Phoenix Gas - that has more than 130,000.
13 June 2022
Govt Must Take 'Serious Action' To Reduce Fuel Prices
With 50% of the cost of a litre of petrol or diesel going to the Treasury, the Government must take serious action to reduce fuel prices across the United Kingdom, DUP Treasury Spokesman Sammy Wilson has said. Mr Wilson said: "Fuel duty and VAT make up 50% of the cost of our fuel with green taxes attributing another 7%.
14 October 2013
Applicants Encouraged For Winter Fuel Payment
The Department for Social Development is urging people born on or before 5 January 1952, who have not received a Winter Fuel Payment before, to pick up the phone and check if they are eligible.
06 February 2006
Fuel costs hit Ryanair profit margin
Budget airline Ryanair has reported a 26% growth in passenger numbers, but has seen profits hit by high fuel costs. In the third financial quarter, the airline said that it had increased third quarter profits to 36.8 million euro. Traffic grew by 26% to 8.
21 September 2005
Over 60's urged not to miss out on fuel payments
People aged 60 or more who have not received a Winter Fuel Payment before, have been advised to check if they are eligible.