Why Fuel is So Expensive in Ireland: Real Breakdown
Fuel prices in Ireland are high due to heavy taxation, fluctuating global oil markets, and retailer pricing strategies. Consumers pay €1.894 per litre for petrol, which includes €0.694 in taxes. The excise duty, other levies, and VAT contribute to high prices. Price increases are rapid, while decreases lag due to previously purchased fuel. Comparing prices between stations can save nearly 20c per litre.