[Dannyboy83]

A sign of the times, this is a new one by me.

http://www.bbc.co.uk/newsbeat/17270733#FBM66044

Police warn fuel thieves they are 'risking their lives'

[Dellony25]

Rumour has it it's gonna hit the €2 mark by the end of the year!!

[MonkieSocks]

Originally Posted by thebman

Try using this: http://pumps.ie/

I sent that Link to my Missus......................she thought it was for Shoe's

[Sudsy86]

I used to work in a petrol station, owner used to love when the price of petrol increased...Fill the tanks at 1.50 on wednesday...Price goes up on the thursday, boss arrives rubbing hands, wearing a smirk...He charges the new increased price even though he bought at the lower price...All profit for him...

These increases will come, I can see €2 a litre definately and I can assure you, you wont hear a complaint from the owners of the petrol stations...I'm sure alot of them are stockin up now while its cheap...

Local Petrol station closed for renevation...Added like 3 more tanks...

[Rabidlamb]

Our local garage are experiencing a drive off a day the girl was telling me this morning.
Someone last night for €69 worth, the CCTV isn't picking up the plates of the more obscured pumps, especially when there's another car the opposite side.

[antoobrien]

Originally Posted by Sudsy86

I used to work in a petrol station, owner used to love when the price of petrol increased...Fill the tanks at 1.50 on wednesday...Price goes up on the thursday, boss arrives rubbing hands, wearing a smirk...He charges the new increased price even though he bought at the lower price.

I was in a garage in Dublin while they were filling the tanks (early morning), the prices went up 2c while i was in the forecourt (but fortunately the price at the pump hadn't changed).

[woodoo]

Originally Posted by Dannyboy83

A sign of the times, this is a new one by me.

I hope this doesn't take off here. A few deaths of the thieves would be a good deterrent.

[NakedNNettles]

Possibility of it pushing past €2 by the middle of next year i'd say.

[mistermouse]

The Government are already looking at more Road Tax, I'm really amazed as to how quiet alot of roads have become.

Time for a real look at reducing Fuel and Road Tax and getting the country moving

But hey...

Looking good in Europe and the Croke Park Agreement are more important. It'll be interesting to see both them fail, which they will sooner than later, but by which time small industry and businesses will be long gone

[99nsr125]

Originally Posted by NakedNNettles

Possibility of it pushing past €2 by the middle of next year i'd say.

In regards fuel taxes we're now a few cents cheaper than the north
enough to keep people crossing the border and buying down south.
So you can expect a halt on the taxes and only future like for like
increases with the UK.

Underlying (Port landed) fuel price varies by 12c a litre for every $25
swing in Brent at an exchange rate of 1.3

Oil at $150 a barrel would translate into circa €1.90 a litre for petrol.

HOWEVER
Consumption worldwide is down by 2 Million barrels a day, the strategic
petroleum reserve is nearly full to the gills and gasoline consumption in
the states is nearly at a decade low.

http://www.creditwritedowns.com/wp-c...onsumption.jpg

Dollar printing is driving the price of US denominated commodities up.
The Euro is undervalued causing more pain as commodity prices increase.

The dollar price for oil will remain high and above it's medium term average
now and forever unless the new dollars are extinguished, which has never happened.

The Euro is 25% undervalued at a more realistic rate circa 1.56 petrol would cost €1.28 and that's the best we can hope for over the medium
term excluding another massive recession.

[tails_naf]

I took the ferry to france this week - and drove around like a headless chicken trying to fill up the car beforehand - as I'd always heard as bad as fuel prices are, they are worse in the rest of Europe.

Of course 20 miles from the ferry terminal on the other side I saw prices advertised as low as 1.40/l for diesel (Petrol was about 1.50 mind you).

Like another poster said, I drive to work each day and I'm now putting 100 euro into the car a week. It is crazy, especially for those who drive as part of making their living.

[NIMAN]

I have no doubt it will be at €2 inside the next year.

Have you noticed how the price of fuel only goes up these days. Many years ago when I first started driving, petrol prices could fluctuate up and down quite a bit. Now it only goes up, up, up.

I mean could anyone ever seen petrol at 140 again? No.

[thebman]

Really, really high!!

I've switched to a diesel. Might have considered an electric car if they could go further than down the shops once a week.

[NIMAN]

I would consider an electric car if they weren't so flipping expensive.

[gurramok]

As I said on the corresponding AH thread, the minimal norm in Dublin seems to be 1.64 for petrol. Well Tesco and their rivals have it at that level. And with tension over Iran rising, 1.70 seems ominous.