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Petrol prices on the UP AGAIN

124

Comments

  • Registered Users, Registered Users 2 Posts: 28,404 ✭✭✭✭vicwatson


    Last weekend this has gone to 161.9.

    8 cent increase per litre in one month:mad::mad:

    WTF ?

    vicwatson wrote: »
    Anyone tell me why on the 10th feb I paid €1.538 per litre, and today I paid €1.578 in the exact same garage in Wexford (might I add in one of the cheapest ones around), they have all increased.

    4 cent a litre dearer in two weeks, on top of all the other increases over the last few months.

    I often wonder if the media drives these price increases, the minute there are articles on the radio and tv about the price of petrol it seems to be come acceptable to go and increase the damn price of it.

    What justification is there to increase the petrol per litre by 4 cent per litre when oil is at one of it's lowest prices in the last few years?

    When will people stop and wake up, when it gets to €2.00 per litre, then we give out for a while, and get used to the benchmark being €2.00 per litre and up it goes again....?

    I for one am P*ssed off at these non sensicle increases, and where no one has to justify them to anyone.:mad::mad::mad: People need petrol so is it a case that they'll charge whatever the hell they want for it? I am aware that the Gov take a huge chunk of the price so they better act or......:confused:


  • Registered Users, Registered Users 2 Posts: 16,669 ✭✭✭✭Galwayguy35


    Yesterday: Petrol 1.63
    Diesel 1.59
    The price is rising weekly at this stage.


  • Banned (with Prison Access) Posts: 963 ✭✭✭NinjaK


    ottostreet wrote: »
    It is relentlessly rising. How is it rising so bloody quickly?

    Greed.
    Enjoy your Finna Gael government you voted in people.


  • Registered Users, Registered Users 2 Posts: 651 ✭✭✭eire1


    Paid 165.9 yesterday in Topaz Coolmine


  • Registered Users, Registered Users 2 Posts: 2,973 ✭✭✭IrishHomer


    NinjaK wrote: »
    Greed.
    Enjoy your Finna Gael government you voted in people.

    It's rising all over the world nothing to do with our Government


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  • Registered Users, Registered Users 2 Posts: 1,346 ✭✭✭blindpilot


    166.9 for petrol in Westside, Galway on Wednesday evening. About 3 cent dearer than most other places in Galway. I havent seen a decrease in quite a while.


  • Posts: 23,339 ✭✭✭✭ [Deleted User]


    NinjaK wrote: »
    Greed.
    Enjoy your Finna Gael government you voted in people.

    You'd prefer the Sinners or Ff would you?


  • Registered Users, Registered Users 2 Posts: 22,815 ✭✭✭✭Anan1


    I hear the Shinners have the inside track on the cheap diesel.


  • Registered Users, Registered Users 2 Posts: 679 ✭✭✭Darsad


    I think its time fuel pricing was regulated . The Topaz station in tallaght has had four increases in the last week from 160.9 to 166.9 . There is no way they could have received four different supplier invoices in the last week and changing the price of the fuel that is already in their tanks is pure profiteering. I am amazed at the silence from the hauliers considering the protests when fuel was half todays price.


  • Banned (with Prison Access) Posts: 963 ✭✭✭NinjaK


    "Shinner":rolleyes:
    Would rather be a "Shinner" than a west-Brit


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  • Registered Users, Registered Users 2 Posts: 3,282 ✭✭✭Bandara


    Yesterday: Petrol 1.63
    Diesel 1.59
    The price is rising weekly at this stage.

    Fuel is rising on wholesale markets at least 3 times a week.

    Most stations are actually absorbing the increases for a few days before increasing their prices. Although no one here believes or cares the fact is Stations are totally against the idea of fuel price being high, we sell loads more, make more margin, and get far more impulse buys the cheaper fuel is.

    A lot if garages are running at a loss (yes loss) at the moment. If this continues closures will hit big time, and you'll be left with the tesco etc situation that England finds itself in.

    As an aside at least the issue of washed derv and striped unl is being addressed at last. The criminal elements selling ten cents cheaper than everyone else and destroying countless vehicles will be gone this time next year


  • Registered Users, Registered Users 2 Posts: 22,815 ✭✭✭✭Anan1


    NinjaK wrote: »
    "Shinner":rolleyes:
    Would rather be a "Shinner" than a west-Brit
    You're not doing Sinn Féin any favours with that attitude.:)


  • Posts: 23,339 ✭✭✭✭ [Deleted User]


    NinjaK wrote: »
    "Shinner":rolleyes:
    Would rather be a "Shinner" than a west-Brit

    So you would prefer SF in government rather than FG and you reckon SF wouldn't increase fuel prices?

    I wouldn't be a fan of SF, wouldn't make me a West brit though.


  • Registered Users, Registered Users 2 Posts: 11,397 ✭✭✭✭dulpit


    NinjaK wrote: »
    "Shinner":rolleyes:
    Would rather be a "Shinner" than a west-Brit

    Oh well, there goes the thread...


  • Registered Users, Registered Users 2 Posts: 19,106 ✭✭✭✭TestTransmission


    Anan1 wrote: »
    I hear the Shinners have the inside track on the cheap diesel.
    NinjaK wrote: »
    "Shinner":rolleyes:
    Would rather be a "Shinner" than a west-Brit
    Anan1 wrote: »
    You're not doing Sinn Féin any favours with that attitude.:)
    RoverJames wrote: »
    So you would prefer SF in government rather than FG and you reckon SF wouldn't increase fuel prices?

    I wouldn't be a fan of SF, wouldn't make me a West brit though.
    dulpit wrote: »
    Oh well, there goes the thread...

    Can we keep this crap out of here please


  • Closed Accounts Posts: 139 ✭✭phonejacker


    blindpilot wrote: »
    166.9 for petrol in Westside, Galway on Wednesday evening. About 3 cent dearer than most other places in Galway. I havent seen a decrease in quite a while.

    they dropped the price by 1 cent yesterday 165.9

    i wonder will we see 200.9 per liter by the end of the year?


  • Closed Accounts Posts: 609 ✭✭✭Dubit10


    RoverJames wrote: »
    I see the cost of fuel as an increasing variable :)

    People need to get real, in 1999 unleaded varied from IR£0.62/litre to IR£0.66/litre, so in 13 years it's doubled in price.

    Compare salaries, minimum wage etc now to back then.

    I earned more in 1999 than i do now. I'd say given the downturn in the economy others are in the same position. Luckily for me i live within walking distance of most places and have a huge public transport network. A bloke in my job pays 120 euro a week on diesel to get to and from work (Gorey to Sandyford) it's guys like him that are on the brink of quiting because he'd be better off on the dole than working due to the high cost of fuel.


  • Registered Users, Registered Users 2 Posts: 3,282 ✭✭✭Bandara


    Dubit10 wrote: »
    RoverJames wrote: »
    I see the cost of fuel as an increasing variable :)

    People need to get real, in 1999 unleaded varied from IR£0.62/litre to IR£0.66/litre, so in 13 years it's doubled in price.

    Compare salaries, minimum wage etc now to back then.

    I earned more in 1999 than i do now. I'd say given the downturn in the economy others are in the same position. Luckily for me i live within walking distance of most places and have a huge public transport network. A bloke in my job pays 120 euro a week on diesel to get to and from work (Gorey to Sandyford) it's guys like him that are on the brink of quiting because he'd be better off on the dole than working due to the high cost of fuel.

    He'd be better off getting 220 a week on the dole ?

    ?


  • Registered Users, Registered Users 2 Posts: 4,384 ✭✭✭pred racer


    Hammertime wrote: »

    As an aside at least the issue of washed derv and striped unl is being addressed at last. The criminal elements selling ten cents cheaper than everyone else and destroying countless vehicles will be gone this time next year

    What solution have they come up with for this?


  • Registered Users, Registered Users 2 Posts: 15,580 ✭✭✭✭vectra


    Hammertime wrote: »
    He'd be better off getting 220 a week on the dole ?

    ?
    That would be assuming he would be single. If he is a married man with say 2 or 3 kids than he would be getting approx 420 or so?
    Add to that the saving of 120 per week and now he is on 540..approx


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  • Closed Accounts Posts: 248 ✭✭analfabets


    vectra wrote: »
    That would be assuming he would be single. If he is a married man with say 2 or 3 kids than he would be getting approx 420 or so?
    Add to that the saving of 120 per week and now he is on 540..approx
    I know it's completely of toppic but my wife is out of work, we have 1 child and she is getting 30€ a week because I'm working. So it could be a lot less than you think. I can't complain however as I still have a job.


  • Closed Accounts Posts: 499 ✭✭✭heate


    Dubit10 wrote: »
    RoverJames wrote: »
    I see the cost of fuel as an increasing variable :)

    People need to get real, in 1999 unleaded varied from IR£0.62/litre to IR£0.66/litre, so in 13 years it's doubled in price.

    Compare salaries, minimum wage etc now to back then.

    I earned more in 1999 than i do now. I'd say given the downturn in the economy others are in the same position. Luckily for me i live within walking distance of most places and have a huge public transport network. A bloke in my job pays 120 euro a week on diesel to get to and from work (Gorey to Sandyford) it's guys like him that are on the brink of quiting because he'd be better off on the dole than working due to the high cost of fuel.

    If your earned more in 1999 than you do know you must have been in receipt of some huge bonuses or commissions or have readily taken worse jobs.
    I accept the governemnt had thrown up the price of fuel in successive budgets but they still haven't reached European levels (and if you think they've higher disposable incomes the majority simply don't) As for petrol is to expensive I'm going on the dole. What a horrible attitude to hold.
    Why in gods name did peope move 100km from work and expect everything to be okay? Is there not a train or bus service that could reduce his outgoings?


  • Closed Accounts Posts: 7,410 ✭✭✭bbam


    heate wrote: »
    Why in gods name did peope move 100km from work and expect everything to be okay? Is there not a train or bus service that could reduce his outgoings?

    In fairness not all of us moved to where we are now :rolleyes:
    Where I live there is just no employment worth talking about.. Companies round here are all on the downturn and laying more staff off...
    Also we can't all move to Dublin, Cork, Galway where the majority of jobs seem to be centered... For 13 years I drove 120miles round trip to work and was happy to do so... However in that time the only progress that was made towards public transport was the M3, it adds €5 to the daily trip while only saving a little time rather than fuel....

    I took a much lower paid job to be working closer to home but it's no picnic.


  • Registered Users, Registered Users 2 Posts: 16,669 ✭✭✭✭Galwayguy35


    they dropped the price by 1 cent yesterday 165.9

    i wonder will we see 200.9 per liter by the end of the year?

    Its looking that way. Although i got a fill of diesel for 154.9 today so it pays to keep an eye out for slightly cheaper fuel.


  • Registered Users, Registered Users 2 Posts: 3,883 ✭✭✭pa990


    Hammertime wrote: »

    As an aside at least the issue of washed derv and striped unl is being addressed at last. The criminal elements selling ten cents cheaper than everyone else and destroying countless vehicles will be gone this time next year

    Whats striped unl ?


  • Registered Users, Registered Users 2 Posts: 3,073 ✭✭✭Blut2


    Dubit10 wrote: »
    I earned more in 1999 than i do now. I'd say given the downturn in the economy others are in the same position. Luckily for me i live within walking distance of most places and have a huge public transport network. A bloke in my job pays 120 euro a week on diesel to get to and from work (Gorey to Sandyford) it's guys like him that are on the brink of quiting because he'd be better off on the dole than working due to the high cost of fuel.

    Thats an 80km commute each way. Why in gods name would you live 80km away from your job? He's got nobody to blame but himself in that situation - either move house or move jobs. Driving 160km a day (plus any leisure driving) is madness.


  • Closed Accounts Posts: 499 ✭✭✭heate


    Blut2 wrote: »
    Dubit10 wrote: »
    I earned more in 1999 than i do now. I'd say given the downturn in the economy others are in the same position. Luckily for me i live within walking distance of most places and have a huge public transport network. A bloke in my job pays 120 euro a week on diesel to get to and from work (Gorey to Sandyford) it's guys like him that are on the brink of quiting because he'd be better off on the dole than working due to the high cost of fuel.

    Thats an 80km commute each way. Why in gods name would you live 80km away from your job? He's got nobody to blame but himself in that situation - either move house or move jobs. Driving 160km a day (plus any leisure driving) is madness.
    Have to agree. Was there a huge jobs market in the Gorey area that the rest of us didn't know about?
    West Dublin area is pretty accessible for commuting from and to why didn't people move there.
    Or do I simply not grasp the issues facing


  • Closed Accounts Posts: 499 ✭✭✭heate


    Blut2 wrote: »
    Dubit10 wrote: »
    I earned more in 1999 than i do now. I'd say given the downturn in the economy others are in the same position. Luckily for me i live within walking distance of most places and have a huge public transport network. A bloke in my job pays 120 euro a week on diesel to get to and from work (Gorey to Sandyford) it's guys like him that are on the brink of quiting because he'd be better off on the dole than working due to the high cost of fuel.

    Thats an 80km commute each way. Why in gods name would you live 80km away from your job? He's got nobody to blame but himself in that situation - either move house or move jobs. Driving 160km a day (plus any leisure driving) is madness.
    Have to agree. Was there a huge jobs market in the Gorey area that the rest of us didn't know about? Or did people just buy and think all will be fine. 160km a day is an absurd commute in Ireland.
    I did 200km a day for a while from Zurich to Basel but it was for work and I didn't have to pay for the commute but it was still a pain in the head having to get out of bed at 7 and knowing I had to drive an hour and a half. Every evening coming home I was just tired and a bit pissed off that I was missing so much of my time without anything to show for it.
    I subsequently have discovered that a lot of people do the commute and go by train without any issue.
    West Dublin area is pretty accessible for commuting from and to why didn't people move there.
    Or do I simply not grasp the issues facing people that forced them to 'buy' a house in Gorey? I can understand that people are stuck by their decisions and there really isn't much that can be done.


  • Registered Users, Registered Users 2 Posts: 5,256 ✭✭✭Elessar


    Blut2 wrote: »
    Thats an 80km commute each way. Why in gods name would you live 80km away from your job? He's got nobody to blame but himself in that situation - either move house or move jobs. Driving 160km a day (plus any leisure driving) is madness.

    It's not so easy. You can't just up, sell your house immediately and move your entire family just like that. It's a lot more complicated than it seems.

    And yes lads it is that bad for jobs. I work in Dublin Airport and some of my colleagues are coming from miles out, daily. One fella lives in Portarlington, thats circa 90km each way, day in day out. Another girl lives in Borris in Ossory and commutes. Another from Edgeworthstown. Clonard. Mullingar. In normal times the mind would boggle, but it really is THAT hard to get jobs at the moment.


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  • Registered Users, Registered Users 2 Posts: 69,536 ✭✭✭✭L1011


    Dubit10 wrote: »
    I earned more in 1999 than i do now. I'd say given the downturn in the economy others are in the same position.

    Extremely unlikely except in very certain circumstances.

    Even basic entry level wages are up about 30% or more after conversion to euro since 1999.

    The mimimum wage in 2000 was £4.40 and its now €8.65.


  • Registered Users, Registered Users 2 Posts: 2,985 ✭✭✭skelliser


    Blut2 wrote: »
    Thats an 80km commute each way. Why in gods name would you live 80km away from your job? He's got nobody to blame but himself in that situation - either move house or move jobs. Driving 160km a day (plus any leisure driving) is madness.

    they bought because thanks to speculators and banksters driving up the price of houses closer to there place of work.

    Remember people believed all the hype and where seriously scared that if they didnt buy a house soon they would never be able to afford one.
    This was the mentality of the peak boom years.


  • Registered Users, Registered Users 2 Posts: 761 ✭✭✭Agent_47


    Remember in 2003 trying to get a gaffe close to work in Sandyford, not a chance, Luas and M50 works along with Dundrum shopping centre drove prices above where we wanted to be. Not to mention house price changes from morning enquiry to evening veiwing in far off places such as Celbridge and Maynooth.
    Stayed where we were and do the commute. Anyway, less crime here housewise.


  • Registered Users Posts: 66 ✭✭johnbobtheslob


    is there any specific reason why the price of fuel continues to rise?


  • Closed Accounts Posts: 10,025 ✭✭✭✭-Corkie-


    MYOB wrote: »
    Extremely unlikely except in very certain circumstances.

    Even basic entry level wages are up about 30% or more after conversion to euro since 1999.

    The mimimum wage in 2000 was £4.40 and its now €8.65.

    I was too taking home nearly 700 pound a week and I was only in my early twenties.... If I earned 700 a week now I would be laughing.


  • Registered Users, Registered Users 2 Posts: 3,073 ✭✭✭Blut2


    skelliser wrote: »
    they bought because thanks to speculators and banksters driving up the price of houses closer to there place of work.

    Remember people believed all the hype and where seriously scared that if they didnt buy a house soon they would never be able to afford one.
    This was the mentality of the peak boom years.

    1) Nobody held a gun to anyones head and forced them to buy a house, personal responsibility is rather key here. "they made me do it" doesnt cut it with 5 year olds so certainly shouldnt with 35 year olds.
    2) I'm fairly sure that an affordable house could have been bought less than 80km away from Dublin, thats a tad excessive even for the boom era commuter towns.

    Either way petrol prices are only going one way in the long term, up. Commutes of that distance arent going to be sustainable. The guy with the 160km daily commute can moan all he likes but realistically hes going to have to either suck it up and spend the money on petrol, get a new job or move house. Petrol prices in five years and ten years time from now are not going to be any lower than today.


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  • Posts: 23,339 ✭✭✭✭ [Deleted User]


    In fairness taking home £IR700/week wasn't typical for your average early 20s dude back in 1999 :)

    I remember working in Atlantic Homecare in the summer of 1998, IR£3.20/hour was the rate, I believe the full timers were on a small bit more, nothing major though. Video shops, petrol stations, betting offices etc were all paying about that.

    In Summer 1999 I worked 6 days for £IR150/week, there were some other benefits.

    At the time the dole was less than £IR120/week for a single person iirc.


  • Closed Accounts Posts: 3,354 ✭✭✭Sobanek


    Blut2 wrote: »
    Petrol prices in five years and ten years time from now are not going to be any lower than today.

    I disagree. Every now and then we have an energy crisis. It's not a matter of "if", it's a matter of "when". They will surely fall, but we don't know when.


  • Registered Users, Registered Users 2 Posts: 4,487 ✭✭✭Seweryn


    Sobanek wrote: »
    I disagree. Every now and then we have an energy crisis. It's not a matter of "if", it's a matter of "when". They will surely fall, but we don't know when.
    I really wish you are right about the falling prices, but you are not. There may be some few cent drops every so often, but in the long term fossil fuel prices will continue to rise.


  • Registered Users, Registered Users 2 Posts: 3,073 ✭✭✭Blut2


    Sobanek wrote: »
    I disagree. Every now and then we have an energy crisis. It's not a matter of "if", it's a matter of "when". They will surely fall, but we don't know when.

    Oil is a finite resource that will, sooner rather than later, run out. As cheap to obtain sources of it dry up the price will inevitably rise.

    http://www.aaireland.ie/AA/Motoring-Advice/~/media/Files/AA%20Ireland/Reports/Fuelprices%20history_March%202012.ashx

    A quick google gives this, showing fuel prices going back to 1991. Theres a fairly obvious trend in that 21 year time period...


  • Registered Users, Registered Users 2 Posts: 1,653 ✭✭✭yer man!


    Is there a reason to why fuel seems to be more expensive in Galway compared to Cork or Dublin? saw quite a lot of stations in the two cities selling fuel about 4c cheaper than any station in Galway.


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  • Closed Accounts Posts: 6,096 ✭✭✭johnos1984


    yer man! wrote: »
    Is there a reason to why fuel seems to be more expensive in Galway compared to Cork or Dublin? saw quite a lot of stations in the two cities selling fuel about 4c cheaper than any station in Galway.
    Cute whores know you won't drive anywhere else for a fill up


  • Banned (with Prison Access) Posts: 16,620 ✭✭✭✭dr.fuzzenstein


    Blut2 wrote: »
    1) Nobody held a gun to anyones head and forced them to buy a house, personal responsibility is rather key here. "they made me do it" doesnt cut it with 5 year olds so certainly shouldnt with 35 year olds.
    2) I'm fairly sure that an affordable house could have been bought less than 80km away from Dublin, thats a tad excessive even for the boom era commuter towns.

    Either way petrol prices are only going one way in the long term, up. Commutes of that distance arent going to be sustainable. The guy with the 160km daily commute can moan all he likes but realistically hes going to have to either suck it up and spend the money on petrol, get a new job or move house. Petrol prices in five years and ten years time from now are not going to be any lower than today.

    OK, so options are spend the money on petrol, find a new job or move house.
    There are a lot of people however for whom that is quite difficult.
    1: There is a limit on how much one can spend, once that is reached, something will have to go unpaid, electricity, mortgage, heating bill, food, car tax, etc...
    2: Find a new job. Not always easy, there may be some hope on that front, but the day of hopping from one high paid job to another are over. Salaries will continue to go down, as employers are exploiting the labor market.
    3: Move house. Well, that is the tricky part right there. A lot of people are stuck where they are, be it their fault or not.
    But you forget option 4:
    Default on mortgage or other bills. This will drive hundreds of thousand of people into bankruptcy. Now you can say "huh, serves 'em right", but the problem is that this will simply add pressure to the banks. That means more money for the banks from the government, higher taxes, etc...
    We are looking at up to half a million mortgages that people might default on, this will cost more money than can ever be pumped in from the government or even Europe.
    When people saw the crash coming, they where laughed at. Now it is being warned that it could get even worse in the future and Ireland is heading for a gigantic financial black hole.
    Then it won't matter whose fault it is, because we are heading for the dark ages. Saying "Ah, I'm grand and why is everyone else so stupid" won't help. It wasn't the stoker's fault that the Titanic sank, they went with it anyway.


  • Registered Users, Registered Users 2 Posts: 9,208 ✭✭✭keithclancy


    OK, so options are spend the money on petrol, find a new job or move house.
    There are a lot of people however for whom that is quite difficult.
    1: There is a limit on how much one can spend, once that is reached, something will have to go unpaid, electricity, mortgage, heating bill, food, car tax, etc...
    2: Find a new job. Not always easy, there may be some hope on that front, but the day of hopping from one high paid job to another are over. Salaries will continue to go down, as employers are exploiting the labor market.
    3: Move house. Well, that is the tricky part right there. A lot of people are stuck where they are, be it their fault or not.
    But you forget option 4:
    Default on mortgage or other bills. This will drive hundreds of thousand of people into bankruptcy. Now you can say "huh, serves 'em right", but the problem is that this will simply add pressure to the banks. That means more money for the banks from the government, higher taxes, etc...
    We are looking at up to half a million mortgages that people might default on, this will cost more money than can ever be pumped in from the government or even Europe.
    When people saw the crash coming, they where laughed at. Now it is being warned that it could get even worse in the future and Ireland is heading for a gigantic financial black hole.
    Then it won't matter whose fault it is, because we are heading for the dark ages. Saying "Ah, I'm grand and why is everyone else so stupid" won't help. It wasn't the stoker's fault that the Titanic sank, they went with it anyway.

    Option 4, default on Mortage hand house back to bank and go rent someplace.

    Or Option 5, sell house at a loss, get a personal loan for the Balance.

    Buying a house as an investment was never a sure thing no matter what people said.


  • Banned (with Prison Access) Posts: 963 ✭✭✭NinjaK


    is there any specific reason why the price of fuel continues to rise?

    Israel and the US threatening to invade Iran might have something to do with it:rolleyes:


  • Registered Users, Registered Users 2 Posts: 37,304 ✭✭✭✭the_syco


    Its looking that way. Although i got a fill of diesel for 154.9 today so it pays to keep an eye out for slightly cheaper fuel.
    At the same time, you'd be wondering if the "cheap diesel" will ruin your engine.
    Blut2 wrote: »
    2) I'm fairly sure that an affordable house could have been bought less than 80km away from Dublin, thats a tad excessive even for the boom era commuter towns.
    Are you having a laugh? Anywhere that had houses built near it were already charging an arm and a leg for absolute sh|tholes.
    Blut2 wrote: »
    get a new job or move house.
    I know of people who leave their families during the week to live down the country, as it's cheaper than driving, but most of these people have their homes already paid off.
    RoverJames wrote: »
    I remember working in Atlantic Homecare in the summer of 1998, IR£3.20/hour was the rate
    Bastid. Was doing kitchen work at a local restaurant at £2 back in '98!
    Option 4, default on Mortage hand house back to bank and go rent someplace.

    Or Option 5, sell house at a loss, get a personal loan for the Balance.
    In America, maybe. In Ireland if you owe €200,000 on the house and hand back the keys to the bank, the bank can sell it for €90,000 and you'll still owe the remaining €110,000 to the bank. There is no jingle here.


  • Registered Users, Registered Users 2 Posts: 9,208 ✭✭✭keithclancy


    the_syco wrote: »
    In America, maybe. In Ireland if you owe €200,000 on the house and hand back the keys to the bank, the bank can sell it for €90,000 and you'll still owe the remaining €110,000 to the bank. There is no jingle here.

    Better to do it yourself then, thereby minimising your losses.


  • Registered Users, Registered Users 2 Posts: 19,106 ✭✭✭✭TestTransmission


    I wonder what impact this would have here (regarding prices) if it was to happen.
    Britain is poised to cooperate with the US on a release of strategic oil stocks that is expected within months. This would assist in a bid to prevent fuel prices from choking economic growth in the US during an election year. Other countries may also be approached by Washington to contribute, Japan being one of them.



    strategic-oil-reserves.jpg

    http://blog.thomsonreuters.com/index.php/strategic-oil-reserves-graphic-of-the-day/


  • Registered Users, Registered Users 2 Posts: 52,198 ✭✭✭✭tayto lover


    NinjaK wrote: »
    Israel and the US threatening to invade Iran might have something to do with it:rolleyes:

    Plus the fact that the garage owners and the Govt are hopping on the bandwagon.


  • Registered Users, Registered Users 2 Posts: 9,208 ✭✭✭keithclancy


    Stopped in a Petrol Station yesterday, was 186.8/litre.

    Was on the A58 between Eindhoven and Tilburg.


  • Registered Users, Registered Users 2 Posts: 69,536 ✭✭✭✭L1011


    -Corkie- wrote: »
    I was too taking home nearly 700 pound a week and I was only in my early twenties.... If I earned 700 a week now I would be laughing.

    But you're not in the same industry now, for starters?

    There's been a few areas where wages have fallen but on the whole, fuel prices haven't actually increased much above wages.


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