251 Deputy Bernard J. Durkan asked the Minister for Communications, Energy and Natural Resources the action he has taken in conjunction with his EU colleagues to prevent speculation in the oil market resulting in increased costs to consumers, including the domestic and transport sectors, and with the objective of ensuring that current price reductions on the world markets are reflected in the prices charged to consumers at petrol pumps and in respect of home heating; if his attention has been drawn to the position maintained by OPEC that the exceptionally high prices over the past 12 months for energy are the result of speculation; and if he will make a statement on the matter. [40353/08]

Summary

251 Deputy Bernard J. Durkan asked the Minister for Communications, Energy and Natural Resources the action he has taken in conjunction with his EU colleagues to prevent speculation in the oil market resulting in increased costs to consumers, including the domestic and transport sectors, and with the objective of ensuring that current price reductions on the world markets are reflected in the prices charged to consumers at petrol pumps and in respect of home heating; if his attention has been drawn to the position maintained by OPEC that the exceptionally high prices over the past 12 months for energy are the result of speculation; and if he will make a statement on the matter. [40353/08]

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• Energy Resources.

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