21 Feb 2000

Chancellor Turns His Back On Oil Industry Again

CHANCELLOR TURNS HIS BACK ON OIL INDUSTRY AGAIN

Commenting on the effect of the budget on petrol prices Brian Donaldson, Group Marketing Manager of Maxol Oil said: "Motorists have yet again been targeted by today's budget. The increase in excise duty on petrol and diesel enforced by the government only serves to further widen the gap between Northern Ireland and Southern Irish petrol prices. This not only aggravates cross border smuggling, an ever increasing problem over the past two years, but adds to trading difficulties at border locations. Additionally transportation costs will rise which will increase the cost of goods to the consumer. The Chancellor has yet again done nothing for individual motorists or the Road Haulage Industry in general".
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