Fuel prices

October AA Fuel Survey: Petrol and Diesel Prices Continue to Fall

Published 21st October 2024Read Time 4 min

The most recent AA Fuel Survey for October indicates a continued decrease in fuel prices throughout Ireland, marking the third consecutive month of reductions. Petrol costs have declined by 2 cents per litre, bringing the national average to €1.72 per litre, while diesel prices have also fallen by 1 cent per litre, now averaging €1.66 per litre. These price drops offer much-needed relief to drivers navigating the fluctuating fuel market, particularly amidst crude oil prices hovering around $74 per barrel.

Good News for Electric Vehicle (EV) Owners

The benefits of falling energy costs aren’t limited to petrol and diesel drivers. Electric vehicle (EV) owners are also experiencing reduced expenses this month. On average, an EV owner can anticipate spending €808.64 annually for 17,000 km, representing a decrease of approximately €49 compared to previous months. This reduction is attributed to the lower standard 24-hour energy rates provided by Energia. As energy rates continue to drop, EV drivers can expect even further savings in the coming months, with Electric Ireland set to introduce lower rates from November 1st.

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With the AA App, Members can get rewards & discounts. Like 3c off every litre of fuel in CircleK garages nationwide.

Maximising Savings at the Pump

Moreover, AA customers have the opportunity to maximize their savings when refuelling at Circle K stations. Through the AA Ireland app, customers can benefit from:

A 3c per litre discount on regular petrol and diesel, and
A 6c per litre saving on milesPlus fuel at select Circle K outlets. Read More

Tips for Maximizing Fuel Efficiency

Even as fuel prices decrease, adopting fuel-efficient driving practices remains a smart strategy to optimize each refuel. Here are some guidelines to help enhance fuel economy:

Drive Slower
Lower speeds, especially on highways, can significantly boost fuel efficiency. Higher speeds lead to increased fuel consumption, so a slight reduction in speed can extend the mileage of each tank of fuel.
Maintain a Consistent Speed
Avoid abrupt acceleration and braking, as they can deplete fuel more rapidly. Opt for smooth driving, utilizing cruise control when feasible, to maintain a steady pace.
Monitor Tyre Pressure
Under-inflated tyres create extra resistance, making your vehicle work harder and consume more fuel. Regularly check and maintain tyre pressure at the recommended levels by the manufacturer to enhance fuel efficiency and prolong tyre lifespan.
Regular Vehicle Maintenance
Keeping your vehicle well-serviced is crucial for achieving optimal fuel efficiency. Adhere to the manufacturer’s service schedule to ensure your engine runs smoothly, and check that air filters, oil, and spark plugs are in good working order.

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Reduce Excess Weight
Carrying unnecessary items or leaving unused roof racks and boxes attached to your vehicle can increase drag and reduce fuel efficiency. Remove any heavy loads or accessories when not in use to improve fuel efficiency.

The Bigger Picture: Driving Smart and Staying Informed

Given the fluctuating nature of fuel prices, being well-versed in the latest trends is crucial for effective cost management. Whether you own a conventional vehicle or an electric one, being aware of optimal refuelling times and locations, coupled with adopting intelligent driving practices, can significantly impact your overall expenses.

Through the AA Ireland App, you can uncover fuel price discounts at select Circle K stations, in addition to accessing various perks such as AA Breakdown Assistance and exclusive insurance deals.

Continuing its dedication to assisting Irish drivers in maximizing their savings, the AA remains steadfast in its commitment to offering unparalleled value, both at the pump and in overall vehicle upkeep. Keep an eye out for forthcoming updates, and explore our array of resources on driving efficiency and car care to ensure your vehicle remains in peak condition while keeping your fuel expenditures to a minimum.