Texaco to raise petrol prices from midnight

27/07/2005 - 15:43:47
From midnight tonight the price of petrol could be taking a massive leap.

Texaco have suggested that retailers should put unleaded up to €1.21 and diesel up to €1.17.

If this happens, it will mean prices will have jumped 20% compared to this time last year.

Michael Kilcoyne of the Consumers Association says the petrol price war is getting out of hand.

Mr Kilcoyne said: "There is no price control on the price of petrol.

"It is really up to the seller of the petrol to decide whether he wants to charge a euro or two euro per litre. At the end of the day, once he displays the price on the forecourt, he can charge what he likes."