Petrol and diesel prices have jumped in Ireland in line with the rising cost of living.
Changes to the prices at pumps nationwide will see the price of filling a standard car this year - with petrol - rise by €595 compared to 2020.
For those with diesel cars, the hike is a little less but there will still be an extra €460 on average added to the annual cost.
Figures published today by AA Ireland show fuel prices have increased by more than a third in the last two years.
More specifically, there has been an increase of 33% for petrol and an increase of 34% for diesel in the past year.
These figures show that prices at pumps across Ireland are at their highest since AA Ireland started recording them back in 1991.
In a statement today, the insurance broker said petrol prices are now at €1.77 a litre and diesel is €1.68 on average, meanwhile, premium fuel prices are now around €1.86 a litre.
With this in mind, the most accurate calculations show the yearly cost of filling a petrol car is now €2,149, and for Diesel drivers, it is around €1,660 annually.
For drivers who do a lot more miles in their car, or drive a particularly large vehicle, the costs are likely to be a lot higher at the end of the year.
Many drivers (84%) admitted that the cost of fuel had ‘significantly impacted’ them, according to an AA poll, as the cost of living in Ireland continues to rise.
Meanwhile, around 60% of the cost of a litre of motor fuel goes to the State in Vat, carbon tax, excise duty and a levy according to the research published today.
This means the State takes around €900 a year in taxes from the average driver - with around 96c of every litre of petrol and 85c for every litre of diesel going on taxes.
