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Will Petrol be coming down here in Ireland?

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«1345

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    #2
    Special Circumstances
    Closed Accounts Posts: 7,569 ✭✭✭Special Circumstances


    I've seen petrol below 1.26 in North Kerry / West Limerick.


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    #3
    whomitconcerns
    Registered Users Posts: 4,319 ✭✭✭whomitconcerns


    saw it up in newry for less than 1£ at the weekend


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    #4
    munchkin_utd
    Registered Users Posts: 7,847 ✭✭✭munchkin_utd


    according to http://pumps.ie/ its already down at 120.9 at various places across the country

    methinks you need to find the use of the internet and compare prices and go somewhere cheaper for your fuel


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    #5
    YbFocus
    Registered Users Posts: 8,480 ✭✭✭YbFocus


    Well we're Damn close to it in fairness, i think lower in some parts of the country.
    I think we're matching the UK well.


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    #6
    Newonhere
    Registered Users Posts: 101 ✭✭Newonhere


    I paid 1.27 this morning in Gormanston Applegreen


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    #7
    mloc123
    Registered Users Posts: 9,454 ✭✭✭mloc123


    Special Circumstances wrote: »
    I've seen petrol below 1.26 in North Kerry / West Limerick.

    Yup, saw it as low as 1.25 between Killarney and Limerick at the weekend.


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    #8
    Greenmachine
    Registered Users Posts: 5,063 ✭✭✭Greenmachine


    Andy From Sligo wrote: »
    Just seen today Petrol has fallen in the UK to just under a £1 a Litre at some garages - will it fall down to a lower price (to around €1.28 a litre) any time soon here?

    http://news.sky.com/story/1406405/petrol-at-1-a-litre-but-not-at-supermarkets


    Duty is applied differently here in Ireland than in the UK. Hence Diesel is cheaper here than petrol, and vice versa in the UK.

    None the less petrol is already cheaper here. Current exchange rate according to bank of ireland
    € to £ = 0.758

    Lowest priced petrol per litre on pumps.ie
    =Esso, N25, Tarrabridge
    or TopSexton Street, Abbeyside
    both at 120.9c
    120.9 * 0.758= 91.64c.
    That's a whole 8 cents cheaper
    In fact once it is less than 131.5 per litre it will be cheaper than the UK price.


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    #9
    the phantom worker
    Registered Users Posts: 33 ✭the phantom worker


    Just in case anyone is passing through Dungarvan, the Top station on Sexton Street isn't even open yet so you'll have trouble getting your fuel there!

    The Esso garage at Tarrabridge is not attended, you pop your card into the pump and select how much petrol/diesel you want. No-one actually working there so that probably helps keep the cost down


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    #10
    MuppetCheck
    Registered Users Posts: 11,866 ✭✭✭✭MuppetCheck


    Esso Dungarvan is 120.9 for petrol, cheapest I've seen.


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    #11
    Alanstrainor
    Moderators, Motoring & Transport Moderators Posts: 23,157 Mod ✭✭✭✭Alanstrainor


    I was delighted paying 126 there yesterday....should have waited!


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    #12
    Cleveland Hot Pocket
    Registered Users Posts: 5,193 ✭✭✭Cleveland Hot Pocket


    Alanstrainor wrote: »
    I was delighted paying 126 there yesterday....should have waited!

    Had the same happen me in Newbridge last time I was down.
    Filled up at McLoughlins @ 126.9, next day it was down at 118.9...


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    #13
    AndyBoBandy
    Moderators, Social & Fun Moderators Posts: 15,004 Mod ✭✭✭✭AndyBoBandy


    Petrol & Diesel has been in free fall for the last few weeks!


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    #14
    Duiske
    Registered Users Posts: 3,087 ✭✭✭Duiske


    MuppetCheck wrote: »
    Esso Dungarvan is 120.9 for petrol, cheapest I've seen.

    Actually noticed that service stations around Waterford appear to be ahead of the loop when it comes to dropping their prices. Was in Trim, Co Meath last tuesday and noticed petrol at 139.9, that evening got petrol in Ferrybank at 124.9.


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    #15
    Cleveland Hot Pocket
    Registered Users Posts: 5,193 ✭✭✭Cleveland Hot Pocket


    Duiske wrote: »
    Actually noticed that service stations around Waterford appear to be ahead of the loop when it comes to dropping their prices. Was in Trim, Co Meath last tuesday and noticed petrol at 139.9, that evening got petrol in Ferrybank at 124.9.
    Trim Navan and Kells are awful for fuel prices.
    Absolutely awful.
    Consistently 10+cpl dearer than most other places. I drive a fair bit daily so I can fill up in Dublin or in Kildare but filling up in meath is a pain around Navan/Trim/Kells/Slane it seems.


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    #16
    advertsfox
    Registered Users Posts: 2,699 ✭✭✭advertsfox


    It's 123.9 in Ratoath (Fairyhouse Road) in two garages (Spar / Maxol) and Brady's (Esso). Oh and the Gala on the Ratoath Road, same price.


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    #17
    Black_Knight
    Moderators Posts: 12,367 ✭✭✭✭Black_Knight


    Im out doing some work in Texas atm. "Gas" is $1.76 a gallon here.
    About 39cent a liter. Madness


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    #18
    unkel
    Registered Users Posts: 64,925 ✭✭✭✭unkel


    Paid 124.8 today in Applegreen Crumlin, probably one of the cheaper places in Dublin

    I remember paying around the 120 about 7-8 years ago. Pretty sure it hasn't been this close to 120 in many years


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    #19
    unkel
    Registered Users Posts: 64,925 ✭✭✭✭unkel


    Black_Knight wrote: »
    Im out doing some work in Texas atm. "Gas" is $1.76 a gallon here.
    About 39cent a liter. Madness


    Pfft. In Venezuela it is about 1.4c a liter (not a typo!) :)


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    #20
    Black_Knight
    Moderators Posts: 12,367 ✭✭✭✭Black_Knight


    unkel wrote: »
    Pfft. In Venezuela it is about 1.4c a liter (not a typo!) :)

    Are you in Venezuela? :pac:


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    #21
    Gael23
    Registered Users Posts: 12,089 ✭✭✭✭Gael23


    Cheapest petrol I've seen is 127.9 and Diesel 118.9. Don't see it falling much lower thanks to tax.


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    #22
    ninty9er
    Registered Users Posts: 9,366 ✭✭✭ninty9er


    I saw diesel at 113.9 lastnight. I'd be afraid there's something wrong with it at that price :pac:


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    #23
    harrymagina
    Banned (with Prison Access) Posts: 126 ✭✭harrymagina


    What price was it a year ago? Can't remember?


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    #24
    Black_Knight
    Moderators Posts: 12,367 ✭✭✭✭Black_Knight


    harrymagina wrote: »
    What price was it a year ago? Can't remember?

    Diesel was €1.489 on the 01/01/2014 according to my fuel app.


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    #25
    fryup
    Registered Users Posts: 18,069 ✭✭✭✭fryup


    €50 to fill my car, haven't seen that in a few years :) happy days


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    #26
    tom_tarbucket
    Banned (with Prison Access) Posts: 2,083 ✭✭✭tom_tarbucket


    So obviously the petrol prices have been dropping nicely over the last few months.

    Does anyone have any idea if the prices are going to keep dropping here in Ireland ? and when will it stop dropping ?

    Just wondering will we ever see a euro a litre :)


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    #27
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    price should be a lot lower than a euro next week or the week after but I think there is price fixing going on, we have had cheap oil for a number of months now.

    Cheap oil will be on offer until the fracking companies are bankcrupt in the likes of Canada and and US. Main reason for the price drop is a number of weeks ago one of the exploration companies announced that it would survive once the barrel price stayed above 80 dollars, hence the opec countries flooding the market with cheap oil. We could be looking at cheap oil under 80 dollars for the foreseeable future, but who knows. There has been massive redundancies in oil businesses globally as the middle east tries to regain market leadership and dominance.


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    #28
    Special Circumstances
    Closed Accounts Posts: 7,569 ✭✭✭Special Circumstances


    €1/L would break down to:
    23c VAT
    approx 60c excise/duty/carbontax
    17petrol

    Guessing at 2-5c/L for the station - so approx petrol costing 12c/L for the seller.

    Sounds a little unlikely that it would go a lot lower than €1/L , but we live in hope.


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    #29
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Theres no reason why it shouldn't drop to below that, its 45 dollars a barrel now, we are being ripped off now more than when it was at its peak.


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    #30
    Cleveland Hot Pocket
    Registered Users Posts: 5,193 ✭✭✭Cleveland Hot Pocket


    we need to remove some of the tax!
    Now it's over 60% bloody tax at the pumps.


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    #31
    Special Circumstances
    Closed Accounts Posts: 7,569 ✭✭✭Special Circumstances


    uh-oh maths fail in my first post!

    €1/L
    VAT = ~19c
    Pretax Petrol = ~81c
    Duty etc = ~60c
    Pre tax, pre duty Petrol = 21c/L

    Basically the government are ripping us off more than any sheikh. Due to duties etc, the pretax pre duty price of petrol would have to halve to bring it to €1 for us at the pump, and almost halve again to go to €0.90. (Assuming no more maths fails!)

    €1.23/L
    VAT 23c
    Pretax Petrol = €1
    duty etc ~60c
    Pretax pre duty petrol = 40c

    €0.90/L
    VAT~17c
    Pretax Petrol ~ 73c
    duty etc ~60c
    Pretax pre duty petrol ~ 13c


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