Search Results for 'Price of petroleum'

One of my kids showed me a cartoon the other day that cracked me up. The picture is of two sheep looking nervous is the foreground with a farmer and sheepdog visible behind them.

One of my kids showed me a cartoon the other day that cracked me up. The picture is of two sheep looking nervous is the foreground with a farmer and sheepdog visible behind them.

The cost of petrol decreased marginally this month from 133.3 cents per litre to 132.4 on average, the lowest price since April of this year, according to the latest AA fuel price survey. This is also despite a six-week low for international oil prices, due to a lower dollar, globally lower investor confidence, and lower demand for oil in the US and other major markets.

City Councillor Mary Leahy has slammed the decision of the Energy Regulator to allow electricity and gas price increases to go ahead in full, despite the recent drop in crude oil prices.

Requests by the ESB and Bord Gáis to raise energy charges from January 1 have been condemned by Mayo hoteliers as outrageous and blatantly insulting to Irish industry in its present economic state. The Mayo Branch of the Irish Hotels Federation (IHF) states that seeking increases at a time of economic crisis is out of step with the reality of Ireland’s worsening economic conditions and that no increases will be acceptable to the IHF and its 1,000 members throughout the country who are seriously struggling to survive. The federation states that the government needs to intervene urgently to stop any electricity or gas price increases and show clear leadership to support Irish industry in dealing with its current serious challenges.