Petrol price rise last thing local economy needs

1 02 2013

Petrol pumps
Ballycastle SDLP Councillor Dónal Cunningham has reiterated his call for a fuel duty regulator in the North; after speculation mounted that the price of petrol could be set to increase by up to 4p a litre over the next few days.
“The Petrol Retailers’ Association have said that a sharp increase in wholesale fuel prices since December – which they blamed on ‘speculation’ by wholesale traders – was set to further rise over the next few days, which would be passed on to consumers.”
“Businesses and families in Ballycastle and Moyle are wholly dependant on the price of fuel. With the economy teetering on the brink of a triple-dip recession, we simply cannot afford to be putting an extra financial burden on businesses and consumers.”
“A fuel duty regulator – which sees fuel duty cut as prices (and therefore VAT receipts) rise – is the most effective way of stabilising prices at the pumps in a highly volatile market. However, successive Governments have refused to implement the proposals.”
“Introducing a fuel duty regulator is a simple, effective way to ensure prices remain stable and give confidence to those whose livelihoods depend on this”

Fuel Prices

27 10 2012


Ballycastle SDLP Councillor Dónal Cunningham has welcomed news that the Office of Fair Trading (OFT) is to investigate Petrol and Diesel prices.

Petrol prices rose by 38 percent between June 2007 and June 2012, and diesel prices by 43 percent over the same period.

Councillor Cunningham said: “Hopefully, the OFT investigation could help lead to a reduction in fuel prices at the pump. In areas like Ballycastle and Moyle, a car and sometimes a second car is not a luxury; it is a necessity for working families. Fuel costs are hitting families hard.

“There is still more Government needs to do to help hard-pressed businesses and families in rural locations. For instance the rural fuel derogation pilot, which is currently being successfully trialed in the Scottish Highlands, could be brought here. This could slash 5p off the cost of petrol at forecourts.

“We also need to look at the cost of fuel to help haulage and farm businesses. Any extra cost at this time is something many cannot afford.”

Highest Petrol and Deisel prices no surprise

10 02 2012

Ballycastle SDLP Councillor Dónal Cunningham has stated that it was no surprise to read the recent AA survey which revealed that the North has the highest diesel prices in Europe and the highest petrol prices in these islands.
Ballycastle petrol stations are certainly doing their best to remain competitive, but with the lack of employment opportunities in Ballycastle and the the rural communities nothing is on our doorstep. For those lucky enough to be working there are large distances to travel.”
Fuel prices are threatening the future of rural communities