Ireland’s Guide To Money And Living

Price fall at the pumps

Petrol Pumps

Good news for motorists – falling oil prices are resulting in falling fuel prices at the pumps this January. According to theJournal.ie, average prices are now €1.26/L (petrol) and €1.12 (diesel). In Dublin City, diesel prices at several filling stations have dropped to 99.9c.

If you’re looking for the cheapest prices in your area, Pumps.ie is a great tool, with daily updates from around the country.

And, if you’d like to stretch that tank of petrol event further, there are a few steps you can take.

  • Firstly avoid carrying any extra weight if possible – you’ll waste more fuel trying to carry it around.
  • Avoid using the air conditioning if possible during warm weather, at least at lower speeds – open the window instead.
  • If you like to get around in a hurry, relax and take a more measured approach to your driving. It’s not just a safer way to drive, but if you build up your speed instead of stomping on the accelerator, avoid revving the engine too high (change gear at 2,500 revs in a petrol car, and 2,000 in a diesel, according to The Guardian), and decelerate at a smoother pace, your tank of fuel will last a lot longer.
  • Keep your tyres inflated to the correct pressure – this can increase your fuel economy by a few %.
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When not writing about all things personal finance, You & Your Money's editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.
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