Support the Fianna Fail Bill to cut costs to Motorists

Cllr Ken Glynn

Posted by Cllr Ken Glynn

Cllr Ken Glynn has called on the Government to support a Fianna Fail Bill aimed at cutting the cost of Fuel. The Fianna Fail Bill would allow for the reduction of 4 cents per litre in both Diesel and Petrol. With VAT At 23%, the effective saving for the Motorist would be 5 cents per litre.

Cllr Glynn insisted that the Bill would push down the costs for hard-pressed motorists, and felt that this would be welcomed by them. He believed that it would make Economic Sense to reduce the cost to Motorists, as they would spend the Savings on Fuel on other goods and Services in the Economy, thus helping the Economy in another way.

If the Bill was to be enacted, it would mean a €3 saving for the average fill in an an average car. Given the way that fuel prices have rocketed in the past few months, this proposal, if passed, would reduce the expenditure of the Motorist in a meaningful way.