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24th Oct 2022

Diesel now at its second-highest monthly price on record in Ireland

Fiona Frawley

person holding a diesel pump, ready to put it into car

AA Ireland says a recent spike in the price of diesel will affect a large number of motorists.

Diesel has now reached its second-highest monthly average price on record after a recent price hike, according to AA Ireland.

The automotive service’s latest fuel price survey also shows that Irish motorists driving diesel cars are now spending up to 20 cents per litre more than those driving petrol cars.

AA Ireland said the average price for petrol across the country remains at €1.84 per litre, with diesel now at €2.02 per litre, 4% more expensive than last month.

Petrol is on average 11% more expensive than in October 2021, with diesel just under 30% more expensive than in October 2021.

It now costs the average motorist with a petrol car €2,210 to fill it, annually, at current fuel prices, €219 more than in October 2021.

Meanwhile, it costs the average motorist with a diesel car €2,020 to fill it, annually, at current fuel prices, €126 more than in October 2021.

“We have seen quite a spike in the price of diesel in the last month, even though petrol prices have remains largely stagnant over the same period,” AA Ireland Head of Communications Paddy Comyn wrote in a statement.

“Sales of diesel cars were very much in the majority from 2008 until quite recently, so these high fuel prices will be affecting large amounts of motorists nationally, at a time when energy prices are rising across the board.”

AA Ireland said it is thought that a surplus in petrol production and a deficit in diesel production is accounting for the differences in prices.

Header image via Shutterstock

This article originally appeared on joe.ie

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