Fuel prices rose sharply in 2022 – and that rise was made worse by the sad events in Ukraine.In March 2021, average prices stood at 138.9 cents per litre for petrol and 129.8 cents per litre for diesel. In March 2022 – prices were close to €2 a litre – that was an increase of […]
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A carbon tax is a tax on the use of fossil fuels such as oil, petrol, diesel, gas, coal and peat. Budget 2022 announced an increase to the Carbon Tax in Ireland. The Carbon Tax rate of €33.50 a tonne was increased by €7.50 a tonne to around €41 a tonne. That resulted in a […]
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Oil prices have climbed to their highest level in 30 months in London as Libya’s uprising reduced shipments and sparked fears of unrest spreading across the Middle East. Brent crude hit $119 a barrel for the first time since August 2008. Major western oil companies, such as Italian firm Eni and Spain’s Repsol-YPF, have suspended […]
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