Dáil Éireann Debate, Tuesday - 26 April 2022
268. Deputy Claire Kerrane asked the Minister for the Environment, Climate and Communications if he will consider establishing a national and independent investigation into price competition and supply logistics in the marked gas oil market in Ireland; and if he will make a statement on the matter. [19952/22]
Amharc ar fhreagraThe Competition and Consumer Protection Commission (CCPC) , under the aegis of the Department of Enterprise, Trade & Employment, is responsible for ensuring that commercial markets are functioning correctly and that consumers are not being unfairly disadvantaged.I understand that Marked gasoil (MGO) demand, in common with the other petroleum products, is generally relatively predictable. This, combined with the just-in-time nature of the petroleum sector and limited storage availability in many areas, means that while volumes in the commercial supply chains are usually sufficient to meet normal demand, unexpected surges in demand can cause localised shortages. In addition, from time to time, logistics issues arising for particular suppliers can also lead to localised shortages. These shortages are not uncommon, and are usually quickly resolved.
