Sir, – The falling price of petrol and diesel is to be welcomed. However the mechanics as to how, why and when these reductions occur is often the subject of justifiable complaint and debate, not only in this newspaper but many other media outlets.
The disconnect between a reduction of the barrel price and the price at the pump is the stuff of mystery. On New Year’s Eve, I passed my local petrol station and noted another welcome decline of some three cent per litre. This morning in passing the same station the price had risen again by two cent.
Somehow in the passing hours through the new year the fuel held in the tanks under the forecourt had acquired a new cost and value which just had to be passed on to the public.
Perhaps some kind gentleman from the fuel industry might explain this miracle of economics. – Yours, etc,
DEREK MacHUGH,
Foxrock,
Dublin 18.
Sir, – The hard-pressed motorists of this country have been “got at” for long enough. Fuel prices only add to our misery. – Yours, etc,
MARTINA MURPHY,
Bray, Co Wicklow.