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Dáil
‹ Ceisteanna—Questions. Oral Answers. - Petrol Price.

Petrol price increases

Summary

The reported average price of high-grade petrol rose from 35.88p per gallon in May 1973 to 95.35p in February 1977; Kelly could not give the producer-State breakdown and cited the oil crisis. Andrews disputed that explanation for the latest increase, which Kelly attributed to producers, while Lynch questioned whether Finance increases exceeded those imposed by Arab producers.

asked the Taoiseach the price of a gallon of top grade petrol on 1st May, 1973, and on 1st May, 1977.

Comment on this
John M. Kelly Parliamentary Secretary to the Taoiseach (Mr. Kelly) Fine Gael

The national average retail price of "high grade" petrol as surveyed for the compilation of the consumer price index was 35.88p per gallon at mid-May, 1973 and 95.35p per gallon at mid-February, 1977 which is the latest date for which information is available.

Comment on this

In respect of the 60p per gallon increase, could the Parliamentary Secretary say how much of that went to the producer and how much to the State?

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I cannot say offhand what the proportions are, but the Deputy will appreciate that an oil crisis took place in the middle.

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Is the Parliamentary Secretary indicating that an oil crisis was responsible for a 200 per cent increase?

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What I am saying is that had there been no oil crisis the answer today would have been a different one.

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What had the most recent price increase to do with an oil crisis?

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Does the Deputy mean the one announced last week?

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That is right.

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That is a different question.

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Seán Treacy An Ceann Comhairle Labour Party

Deputies are entering into the area of policy, which is for another Minister.

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That increase had nothing to do with the oil crisis.

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It is due to an increase on the producers' side. That is not within the question and I have not got the information, but——

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The Parliamentary Secretary gave the excuse of an oil crisis.

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The oil crisis, as everybody knows——

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Seán Treacy An Ceann Comhairle Labour Party

Question No. 2.

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Is it not true that the increases imposed by the Minister for Finance were two and a half times higher than the increases imposed by the Arabs?

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No.

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