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County councillor urges Galway consumers not to panic buy as fuel prices spiral

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County councillor urges Galway consumers not to panic buy as fuel prices spiral

Galway Bay fm newsroom - A county councillor has urged the public not to panic buy as the price of fuel continues to spiral.

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Ballinasloe area councillor Declan Geraghty says panic buying is putting excess pressure on supply and if consumers eased off, it would give distributors a chance.

It comes as Ministers will hold an emergency meeting later to sign off on plans that would see a 15 to 20 cent reduction on a litre of petrol and diesel.

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Earlier this week, Galway County Councillors voted to ask the Government for a specific drop in taxation on diesel in farming areas.

The motion was proposed by Councillor Declan Geraghty who said that farmers would not be in a position to carry out tillage work, as suggested by the Government, if farm diesel prices were not reduced.

Councillor Karey McHugh said that something had to be done to help farmers if tillage production is to be increased.

However, she said that care had to be taken in any such move on diesel in case the companies increased the price and nullified the benefit of any removal of excise duties.

Speaking to Sally-Ann Barrett on Galway Talks, Councillor Declan Geraghty, who owns DG Oil and Roofing in Williamstown, urged people to avoid panic buying...

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