Petrol prices to rise again!

kluivert

Here we go again

Petrol prices to rise again and could see prices hit 1.30 a litre in the near future.

45e fills the tank for one week, its not bad but nto great either.

Its crazy to think how much we rely on oil for everyday use.

Better start thinking about investing in a bicycle.

Oil prices remain at near record levels today after prices reached new highs on markets yesterday.

Costs surged after British energy company BP shut half its production in Alaska following the discovery of leaks in its pipelines.

Bank of Ireland today predicted the price of oil would reach $80 dollars a barrel in the coming weeks.

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The bank has also predicted that a litre of unleaded petrol could reach €1.30 at some stations in the coming weeks.

RTE News.

seamus

OK, I'm filling up this evening...

kluivert

The point is that its getting too expensive to run petrol.

Does anyone know if green diesel does any harm to modern engines.

Am thinking about buying a diesel car, Ford Mondeo or Vectra.

There is 7c in the difference between petrol and diesel in most forecourts.

Running petrol is getting to be expensive.

Tipsy Mac

The government are taking more money from it than anyone else, they should put a cap on their take after the price hits €1 or so, at the moment every 5c on at the wholesale rate adds something like an extra 20c to the cunsumer when taxes are applied :mad:

thewing

kluivert wrote:

Here we go again

Petrol prices to rise again and could see prices hit 1.30 a litre in the near future.

45e fills the tank for one week, its not bad but nto great either.

Its crazy to think how much we rely on oil for everyday use.

Better start thinking about investing in a bicycle.



RTE News.

€45 fills tank, or you only use €45 in a week?Must be a small car if that fills tank

€65 to fill my tank - it was €50 not so long ago, that €15 definitely adds up over time...

kluivert

€45 fill the tank for a weeks worth of driving. Its a 52L tank. So I fill it up with 37L's, meaning I still have around 15L's left which is good for another 100 miles or so

I drive a 1.4 1999 Opel Astra.

But I remember when the tank was full on €25 about three years ago. It has increased €20 since then, that in my opinion is a sharpe increase.

thewing

yeah that's a normal size tank, was a little confused...

Yeah, used to cost 80c a litre when I only 2 years ago...that's a 50 increase 24 months....the €2 litre doesn't seem that far off at this rate....

skyhighflyer

Green diesel won't do modern diesel engines any harm at all. All it is is road diesel (same quality) dyed green.

But you'll find that most places won't sell it to you unless you're in a tractor or a jcb or have cans to put it in. Plus factor in the risk of being dipped and fined and it's probably not worth it. 75c a litre is very tempting at these prices though, but if you've a modern diesel yo should be getting good mpg anyway.

Rudolph Claus

The government need to relax the tax or cap it at a certain point as already mentioned. Its getting way too expensive now, fookin government are useless. They dont live in the real world, sure their petrol probably comes free with their expenses. They probably dont even know how expensive its gotten. :mad:

fjon

Just be thankful you don't live in Holland. Or Austria, Germany, Italy, France, Portugal, Finland, Belgium, UK, Norway, Denmark...

Irish fuel prices aren't that high compared to other EU countries, so we can at least be thankful for that. While it's bad for us, it's worse for those other countries...

_Kaiser_

Unfortunately our (for now) cheaper fuel prices are more than offset by the ridiculously inflated prices for everything else!

Wishbone Ash

thewing wrote:

€65 to fill my tank

Lucky you. €80 for me and that's diesel!

kluivert wrote:

Does anyone know if green diesel does any harm to modern engines.

No

skyhighflyer wrote:

factor in the risk of being dipped and fined and it's probably not worth it

The chance of getting dipped in a car are very slim unless they are tipped off. With a 4x4 it's much more likely. Ever notice in a town when there is a mart on all the jeeps are parked with the fuel filler side tight against a wall!

DublinWriter

kluivert wrote:

Petrol prices to rise again and could see prices hit 1.30 a litre in the near future.

In the near future? If I was a betting man I'd lay out evens that petrol will hit €1.30 by the end of this month.

Thankfully, I went diesel a few months ago, but it's still a sting.

And what's the craic with the govt closing down Irish Sugar when the facilities could be easily used to produce ethanol?

maidhc

DublinWriter wrote:

And what's the craic with the govt closing down Irish Sugar when the facilities could be easily used to produce ethanol?

Greencore see more money in selling the site for semi-ds

The property holding company that also happens to make sandwiches are suing the Minister for Agriculture in the HC because they only got 75% of the total EU compensation package for Ireland getting out of sugar production.

JohnCleary

Oh im glad I have a diesel boat!

Go on the argi diesel!

Guy:Incognito

It cost me €86 to fill up a couple of weeks ago at roughly 115c. Doesnt be long going in a 2.5 either. Am only a lowly apprentice now aswell so I'm parking up the safrane for a while and driving a clio. Should reduce costs. Filled the clio for €48 last week at around 117c.

maidhc

I fill up from a tank of (white!!) diesel in the yard at home. Last time it was filled it cost 105c/L. You get a bit of bulk discount, and hedge your prices at the same time. Well worth it!

It is beside a tank of green diesel for the machiney. Tempting indeed, but have yet to succumb.

DublinWriter

maidhc wrote:

It is beside a tank of green diesel for the machiney. Tempting indeed, but have yet to succumb.

As well as the dye, there's also a trace chemical that they use which will screw up your engine. Fine though, if you're powering an end of life diesel bus that just passed what you consider will be it's last NCT.

Not that I'd recommend breaking the law. Ohhhh no.

DublinWriter

Wishbone Ash wrote:

The chance of getting dipped in a car are very slim unless they are tipped off. With a 4x4 it's much more likely. Ever notice in a town when there is a mart on all the jeeps are parked with the fuel filler side tight against a wall!

Er, NCT? Hello?

Wishbone Ash

DublinWriter wrote:

there's also a trace chemical that they use which will screw up your engine.

I thought that chemical was only in the illegal stuff marketed by Slab Murphy and Co made from NI red diesel?

DublinWriter wrote:

Er, NCT? Hello?

Can't see anything relating to checking for legal fuel in my NCT manual. Please enlighten me.

maidhc

Wishbone Ash wrote:

I thought that chemical was only in the illegal stuff marketed by Slab Murphy and Co made from NI red diesel?

That is what I thought too.

mike65

If you get dipped you'll be subject to a fine of thousands, and the Customs boys are out there - last spoted a checkpoint about two weeks ago.

Mike.

maidhc

mike65 wrote:

If you get dipped you'll be subject to a fine of thousands, and the Customs boys are out there - last spoted a checkpoint about two weeks ago.

Mike.

I suspect the customs seek the "co-operation" of the oil companies in targeting those that buy a good share of green diesel and surprisingly little of the white variety.

I once saw an impressive "conversion", where a truck had split fuel tanks with a second hidden filler. It also had a hidden switch so the driver could select either green or white diesel on the fly, so that if stopped for a thorough check there would be nothing other than white diesel flowing into the diesel filter.

mike65

One of Slabs boyos! As for who gets dipped, I have more than once while driving a van.

Mike.

spuddy

fjon wrote:

Just be thankful you don't live in Holland. Or Austria, Germany, Italy, France, Portugal, Finland, Belgium, UK, Norway, Denmark...

Irish fuel prices aren't that high compared to other EU countries, so we can at least be thankful for that. While it's bad for us, it's worse for those other countries...

Diesel's €1.08 in France and €1.16 in Germany at the mo, how much cheaper is it at home now?

imeddyhobbs

fuel prices up again..so what?somebody has to pay for the war(s)

unkel

The duty / tax on fuel is too low in this country. Motor tax should be abolished and the loss to the state should be compensated by higher duty on fuel

The pollutor should pay. Now someone with 3.0+ engine that drives 1,000 kms per year pays €1343 tax. Someone else with a 1.0 engine drives 100,000 kms per year pays only €151

mike65

fuel prices up again..so what?somebody has to pay for the war(s)

The current jump is down to BP closing a field for repairs.

The "crisis/security" premuim is reckoned to be worth 15 dollars a barrel.

Mike.

bazz26

unkel wrote:

The duty / tax on fuel is too low in this country. Motor tax should be abolished and the loss to the state should be compensated by higher duty on fuel.

I think the government takes about 63% in tax from a litre of petrol/diesel afaik.

unkel wrote:

The pollutor should pay. Now someone with 3.0+ engine that drives 1,000 kms per year pays €1343 tax. Someone else with a 1.0 engine drives 100,000 kms per year pays only €151

Agree that the pollutor should pay but would basing it on emissions like the UK be a fairer solution? Would a 3.0+ litre engine release more harmful emissions than a 1.0 litre?

unkel

bazz26 wrote:

I think the government takes about 63% in tax from a litre of petrol/diesel afaik

Whatever the percentage is, it is lower than most other (old) EU countries, something which makes it relatively easy to up the duty from a political point of view

bazz26 wrote:

Agree that the pollutor should pay but would basing it on emissions like the UK be a fairer solution? Would a 3.0+ litre engine release more harmful emissions than a 1.0 litre?

The general rule would be that a large engine would release more harmful emissions than a small engine (per km). A large engine would also use more fuel than a small engine (per km). A duty based on fuel seems fair. It is also easy to implement

imeddyhobbs

if the government was to introduce a tax where the pollutor pays then the government would have to a pretty high tax on its own vehicles

mukki

the real saving with a diesel engine is the MPG, it doesn't matter what a litre costs

even if diesel was 200c a litre it would still work out cheaper to run a diesel engine

and i'm comparing a 110bhp turbo 1.6 diesel to a 70bhp 1.4 petrol

try to think of petrol like diesel with 1:1 parts water mixed through it

Wishbone Ash

imeddyhobbs wrote:

if the government was to introduce a tax where the pollutor pays then the government would have to a pretty high tax on its own vehicles

That would make no sense - the Government would only be paying itself. That is why all state vehicles are not required to pay road tax or VRT etc.

Would you pay rent to yourself, to live in your own house?

imeddyhobbs

mukki wrote:

the real saving with a diesel engine is the MPG, it doesn't matter what a litre costs

even if diesel was 200c a litre it would still work out cheaper to run a diesel engine

and i'm comparing a 110bhp turbo 1.6 diesel to a 70bhp 1.4 petrol

try to think of petrol like diesel with 1:1 parts water mixed through it

i drive a 2.5 dsl nissan pathfinder flatback for my employer and i have to fill it every second day at a cost of around €70 per fill,give or take but i reckon i only do about 160mls to empty it

Wishbone Ash

imeddyhobbs wrote:

i reckon i only do about 160mls to empty it

Jesus that's hard on it. I get about 550 miles on a €80 fill in a 3 litre automatic diesel.

maidhc

imeddyhobbs wrote:

if the government was to introduce a tax where the pollutor pays then the government would have to a pretty high tax on its own vehicles

Authentic Eddie Hobbs economics!

mukki

imeddyhobbs wrote:

i drive a 2.5 dsl nissan pathfinder flatback for my employer and i have to fill it every second day at a cost of around €70 per fill,give or take but i reckon i only do about 160mls to empty it

well why don't you get it fixed then, the money you'll save in fuel will quickly repay the repair costs

imeddyhobbs

mukki wrote:

well why don't you get it fixed then, the money you'll save in fuel will quickly repay the repair costs

its not mine,the only way to fix it(like any gas guzzler)is to blow it up(you would think crush it but i prefer blow it up)i have to laugh at idiots that drive up to the bottle bank in a 2 or 3ltr suv,are they taking the piss?

bennyx_o

mike65 wrote:

The current jump is down to BP closing a field for repairs.

When it's repaired will we see the prices go down though? Somehow I don't think we will.

Sizzler

Ireland must have THE most sensitive economy in the whole world based on the fact if crude oil goes up by a $ or two Mr.Joe Punter here in Ireland gets penalised at the pump practically overnight.

What a load of bollix ! Fcuking crude oil probably gets sold on via 10 distributors before it reaches a pump here but amazingly the petrol stations here pass on the price hike immediately. Maybe they have some sort of magical direct pipe coming straight from the gulf which compels them to pass on the price change as soon as it hits the commodity markets

FFS though, lets be honest it should be taking AT LEAST 4-6 wks for the price change to filter back to the pump.

Petrol station owners keeping rip off Ireland alive and kicking.

Wishbone Ash

Sizzler wrote:

Ireland must have THE most sensitive economy in the whole world based on the fact if crude oil goes up by a $ or two Mr.Joe Punter here in Ireland gets penalised at the pump practically overnight.

What a load of bollix ! Fcuking crude oil probably gets sold on via 10 distributors before it reaches a pump here but amazingly the petrol stations here pass on the price hike immediately. Maybe they have some sort of magical direct pipe coming straight from the gulf which compels them to pass on the price change as soon as it hits the commodity markets

FFS though, lets be honest it should be taking AT LEAST 4-6 wks for the price change to filter back to the pump.

Petrol station owners keeping rip off Ireland alive and kicking.

Hear, Hear Sizzler. When the price of a barrel drops, it seems to take much longer to filter through! The fuel companies use the argument that it prevents people from panic bulk buying!!! Yea, we all have 1500 litre tanks in our cars. :rolleyes: Even home heating/agri/truck depot tanks are of limited size and it can have insurance implications to store excess fuel.

Customers cannot really bulk-buy fuel.

kluivert

I agree with Sizzler here.

The forecourts are the ones that ripping us off.

I have seen prices rise in Dundalk to 123.9 from 118.9. Thats some jump.

Wait till you see, some bright spark petrol station owner will have seen the news last night and saw ($$) ($$) signs light up in their eyes and would have been down to the forecourt first thing this morning to change to price board to 131.9.

Am looking into buying the 1.6TDCi Ford Focus, I hear its a good oil burner.

Sizzler

I also think that the likes of these economists coming onto the 9 o clock news certainly add fuel to the fire (pun intended!) and as you have just said petrol court owners see this and say to themselves "Ahh if the lads from the banks are saying it and its making the news then the dopey public must be expecting a rise therefore I shall oblige in the morning".
So in my book the clown thats quoted all over the paper this morning needs a slap also, should be keeping his mouth shut and not aiding the inertia.

LikeOhMyGawd!

Wishbone Ash wrote:

When the price of a barrel drops, it seems to take much longer to filter through!

Presumably, the forecourt price will remain up until they sell the fuel made from oil bought at the higher barrel rate?

Though I wonder if fuel companies sell stored fuel (produced at the time of cheaper barrel rates) at higher prices if the cost of crude increases?

kluivert

Whoever said petrol stations where not making a profit are joking themselves.

I have seen two local forecourt undertake a complete overhaul, looks the business though and are driving brand new cars.

I think I might setup a service station on the M1 if the NRA will let me.

unkel

imeddyhobbs wrote:

i have to laugh at idiots that drive up to the bottle bank in a 2 or 3ltr suv,are they taking the piss?

LOL

kluivert wrote:

I think I might setup a service station on the M1 if the NRA will let me.

They won't let you. Remember Ireland is the only country in Europe (probably in the world) that doesn't have a single service station on any of its motorways

junii

Is there any way to find out how much the forecorts pay for their petrol?

Why doesn't some smart guy charge lets say 10c cheaper per litre assuming he still makes a small profit and get every customer in the area thus maximizing profit by getting every customer under the sun.

road_high

Why is road tax is even more penal on the majority of diesel cars when they are far more economical.A 1.6/1.8 litre petrol pays a good bit less than a two-litre diesle, despite the fact it's clearly more economical.It's a big injustice in my view.
Such a bloody rip-off. These are the type of cars we should be ENCOURAGED to buy if we are to become less dependent on expensive imported fossil fuels.

junii

Is there anyway to find out how much the forecourts pay for their petrol?

Why doesn't some smart guy start selling it for about 10c cheaper or whatever assuming he still makes a small profit and get every customer under the sun thus maximizing profits with loads of extra business aswell coming into the shop.

Kali

It would be interesting to see the rate of tax the Irish government put on petrol and diesel compared to other countries, at the moment I pay the equivalent of €1.38/litre in the UK for unleaded.. but it has been stable at around the 94/95.9p mark now for the past two months (diesel is more expensive here as well).

gyppo

Someone on this thread made the point about Ireland being one of the cheapest EU countries re cost per litre. They were right about that.

However, unlike most EU countries, Ireland has no public transport system to speak of, with the result that a car is a necessity in this country (unless you live by the "Dort") Go beyond the Pale, and if you dont have your own form of transport, you may walk. Every time the price of oil goes up, the government is laughing as their cut becomes bigger - more money in the coffers which can be wasted.

The government could easily cap the amount of excise charged, and still do ok. When you look at how the motorist is ridden in this country - excise on fuel, VRT, Motor-tax, tolls, etc.., and what do we get in return? Sh1te roads, a non-existant transport service, no alternatives, and lots of excuses.

I hope people think long and hard when the next election comes up.

\end of rant