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News

Support on the way to ease soaring fuel prices

written by Staff Writer August 4, 2022
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An Taoiseach Michael Martin has signalled that financial support is coming for motorists struggling with fuel prices.

Mr Martin downplayed suggestions of fuel rationing this winter as concerns grow over Europe’s gas supplies.

Mr Martin said that Ireland currently gets gas from both the UK and Norway and does have strategic oil and gas reserves.

“The global situation is very, very challenging so we’ve a plan for all eventualities,” he said.

Mr Martin said that extra supports will be rolled out in the Budget to tackle soaring prices.

He said: “In the Budget, that will be towards the end of September, we will be looking at measures first of all that can deal with the more medium to longer term issues around costs for people but also in terms of the cost of living package that will be in parallel with the budget, that we can do something immediate for people to alleviate pressures in this calendar year and before the end of the year.”

Support on the way to ease soaring fuel prices was last modified: August 4th, 2022 by Staff Writer
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