Diesel prices to come down???

The Gambler 101

with the price of oil decreasing, diesel is expected to come down. but how much and when?

craichoe

The Gambler 101 wrote: »

with the price of oil decreasing, diesel is expected to come down. but how much and when?

Impossible to tell, Price of oil is not directly related to the price of refined diesel.

Henry Ford III

€0.21567893 per litre. Next Tuesday week

ShayK1

Henry Ford III wrote: »

€0.21567893 per litre. Next Tuesday week

LMAO!!!

andreas_220D

craichoe wrote: »

Impossible to tell, Price of oil is not directly related to the price of refined diesel.

True if the price of oil decreases, but as soon as the price of oil increases, the price of petrol/diesel increases as well. [SIZE=-1]Evil to him who evil thinks...:D[/SIZE]

Slig

interresting to see if the trend follows, as soon as oil prices rise the petrol/diesel price takes a jump next morning

chris85

Slig wrote: »

interresting to see if the trend follows, as soon as oil prices rise the petrol/diesel price takes a jump next morning

Agree completely. they take their sweet time when the price of a barrel goes down.

TheBazman

Oil is off around 10% in the past two weeks, unfortunately the EUR is also weaker in the same period (although only by around 3% or so)

vibe666

the price of oil may be coming down and the price of fuel may drop too, but as soon as the government realises their revenue is being hit they'll put up fuel taxes to compensate.

they're currently making millions in extra revenue off the back of increased fuel prices so they'll want to keep that up.

L1011

The state is only making fractionally more than they were, if anything due to people cutting back on consumption due to the high prices. The bulk of the tax on fuel is a fixed fee not a percentage.

Run_to_da_hills

We should revert back to Gallons, at least we can see where we stand. Diesel jumped 50c a gallon in one week at the Garage in Mountrath when they closed for a one week renevation period, the old sign was still up a week later when they reopened. We are being ripped off blind using the metric system.

L1011

Run_to_da_hills wrote: »

We should revert back to Gallons, at least we can see where we stand. Diesel jumped 50c a gallon in one week at the Garage in Mountrath when they closed for a one week renevation period, the old sign was still up a week later when they reopened. We are being ripped off blind using the metric system.

All new cars measure their distance travelled in kilometres, all recent in car computers work out fuel economy in l/100km (by default before someone says "I've changed mind..."), and as ALL fuel is sold in litres, moving to a different measuring system is going to make it virtually impossible to "see where we stand", not easier.

A 10% rise is a 10% rise, whether its from 5.00/gallon to 5.50/gallon or 1.20/l to 1.32/litre (not equivalent prices). Most people under 30 have never learnt what this archaic concept of a "gallon" is anyway.

Robbo

Run_to_da_hills wrote: »

We should revert back to Gallons, at least we can see where we stand. Diesel jumped 50c a gallon in one week at the Garage in Mountrath when they closed for a one week renevation period, the old sign was still up a week later when they reopened. We are being ripped off blind using the metric system.

Why stop at gallons? Perhaps we should measure it in cubic meters to further exaggerate price increases?

Run_to_da_hills

MYOB wrote: »

Most people under 30 have never learnt what this archaic concept of a "gallon" is anyway.

Not necessarly, most people under 30 are well aware of the price of a pint and know exactly how much volume is in it. You ask 90% of people their height & weight and you will get answers back in ft & stone. Just like in the States and the UK the standard measurement will never be replaced in peoples minds. http://www.boards.ie/vbulletin/showthread.php?t=2055305650

Cionád

Run_to_da_hills wrote: »

Not necessarly, most people under 30 are well aware of the price of a pint and how much volume it is. You ask 90% of people their height & weight and you will get an answer back in ft & stone. Just like in the States and the UK the standard measurement will never be replaced in peoples minds.

People know what the cost of a pint is cause they've been buying pints all their lives! When is the last time someone bought a gallon of fuel in Ireland that was priced as a gallon? There is also complications involved as there is a US and a UK gallon, and they differ.

Why not go back to pounds, shillings and sixpence too while we're at it? :rolleyes:

Run_to_da_hills

Cionád wrote: »

People know what the cost of a pint is cause they've been buying pints all their lives! When is the last time someone bought a gallon of fuel in Ireland that was priced as a gallon? There is also complications involved as there is a US and a UK gallon, and they differ.

Why not go back to pounds, shillings and sixpence too while we're at it? :rolleyes:

8 pints = one gallon and it dosen't take much maths to figure that out :rolleyes:
Ireland always used the imperial Gallon (4.5 Litres) and never the US Gallon which is (3.8 Litres) BTW its Pounds, Shillings and Pence.( L :S: D Librae Solidi Denarii )

L1011

You need to know that to do the maths! And its all pointlessly convoluted.

It'd make it marginally easier for older people who refuse to realise we went metric in the 1970s to work stuff out. It'd make it horrifically more complex for everyone else.

And as goes price of pints - you're buying them as single objects, not possibly getting 80.83 pints at a time now are you? People can handle the pricing of a pint of beer the same way they can a single newspaper, etc.

gurramok

So when was the last time gallons were sold as in a forecourt for motorists?

I'm in my mid-30's and was never taught what a gallon was in school. I'd have trouble converting from litres to gallons unless i had a google pocket pc on me at the forecourt

E92

All joking aside, one of the reasons why companies like to use smaller units is so as to make it look cheaper for you and me. Hence why we don't see petrol measured in gallons. If say something goes from 1.30 to 1.40 it doesn't look as bad as something going from 5.50 to 6.00, even though percentage wise it's the same thing(not in this example obviously but you get the idea). Which means we are more easily fooled into paying higher prices.

The same idea is behind selling things at €9.99 instead of €10 dead. It's all psychological pricing.

Most recent cars will show your average fuel consumption in mpg anyway, even if the speedo shows km/h, so I don't see what the mad rush is for learning the metric system for fuel consumption, nor is it an argument for why l/100km is better and that "everyone knows what it is". Even metric cars realise that some of us prefer mpg;)!

Many metric cars can even show mileage in miles rather than km as well for good measure.

I do however see no reason to go back and use gallons, not least because I can't remember a time when we used gallons for petrol other than mpg and also because it would make it harder to compare petrol prices across Europe.