DO NOT BUY PETROL TODAY.

Bandara

Sorry about the Caps but I wanted to attract attention

As of 12.30pm today wholesale fuel has dropped by 7 cents a litre on Unleaded and 3 cents a litre on Diesel.

You will start to see the changes at the pumps tomorrow or Monday (if you don't see them go to another station, as there is going to be some places sitting on the increases and profiteering)

For example I am dropping my prices by 7 cents this afternoon to 119.9 on Unl and to 126.9 on Diesel.

All the signs are that there will also be another large decrease next Wednesday at midnight, which will see another good sized decrease at the pumps for next weekend.

I hope I'm not being premature here but I am going to predict at least 115.9 petrol price as standard within 4 weeks.

Happy Motoring !

ottostreet

I love you. i hope your right!

smash

I'll believe it when I see it... hopefully I will. but I just filled up this morning!

VH

jeez and that topaz/statoil motorcard is off the scale at 127.55 and 131.43

i only bought €20 worth yesterday as i was expecting a major price drop - thanks for the heads-up -youve confirmed my suspicions!

LEIN

I filled mine to the neck last night for 123.9 in tesco. Thanks for info op

fletch

Damn I haven't filled in 3 weeks now (God I love diesels ), down to near empty now tho and have to do 100+miles today so need to fill up! :mad:

faceman

Where is your garage OP?

Altreab

fletch wrote: »

Damn I haven't filled in 3 weeks now (God I love diesels ), down to near empty now tho and have to do 100+miles today so need to fill up! :mad:

no need to fill ...just throw in €20 worth to last a day or 2

fletch

Altreab wrote: »

no need to fill ...just throw in €20 worth to last a day or 2

Oh yeh...good plan...thanks

Although I do like to brim it every fill but may as well to save a few euros

Sully

I guess the comments in the news yesterday about an investigation stirred the sudden drop in prices?

L1011

I've just put 35 euros in (full tank from red light on my wee car)

ednwireland

well considering thatthe dcrude price is at $ 99,19 a barrell up from 92.92 and down from a max of 145.95 and the fuel prices havent dropped significantly recently i cant see most places unless they have a tesco near them dropping their prices much looks like the oil companies have decided thats what we are prepared to pay. what were their most recent profits again?

nevertheless i hope the OP is right

Is home heating coming down as well i wonder - time to fill up for the winter

Heroditas

Woohoo. Applegreen in Rathcoole is currently 121.8 - hopefully they'll be knocking 6 or 7c off the price.
The stations in Palmerstown are all currently 123.9 - so a few cents off them will be a big difference too.
Is the govt duty a % of the wholesale price or a set price per litre?

L1011

Heroditas wrote: »

Woohoo. Applegreen in Rathcoole is currently 121.8 - hopefully they'll be knocking 6 or 7c off the price.
The stations in Palmerstown are all currently 123.9 - so a few cents off them will be a big difference too.
Is the govt duty a % of the wholesale price or a set price per litre?

Fixed figure, but there is then VAT on top.

TheBazman

Stock up cos Oil is now above $102 from $92 at the start of the week

JJJJNR

So if garages dont bring the price up, and the barrel goes to 150 again, will they increase the price to 170c ?? seems weird as they wont be able to justify any increases.

Climate Expert

DO NOT BUY PETROL TODAY.

Bit dramatic for a potential 2-4% saving.

Nerin

Prices already down at my local garage

Keano

Passed my local garage and Diesel is down 4 cent a litre. Unleaded is still at the same.

DublinDilbert

In Australia each garage has to register its price which they intend to sell petrol at for each week with the government (done via a web site). This is to prevent garages hiking prices when they know people will be travelling, ie bank holiday weekends etc...

I haven't observed the practice here, but it is wide spread in Canada too... oppps maybe i shouldn't be giving the garages here ideas :eek:

L1011

DublinDilbert wrote: »

In Australia each garage has to register its price which they intend to sell petrol at for each week with the government (done via a web site). This is to prevent garages hiking prices when they know people will be travelling, ie bank holiday weekends etc...

I haven't observed the practice here, but it is wide spread in Canada too... oppps maybe i shouldn't be giving the garages here ideas :eek:

I see the reverse happening, Topaz Kill shaves off 2c on Friday to get people who are heading away for the weekend in to the shop to buy overpriced food/drink. Still ends up being .1 of a cent dearer than the Applegreen further in to the city but its far enough out that people who've had to grapple city traffic may think of stopping for a coffee, etc, too.

r3nu4l

Yes but OPEC have only recently announced a cut in production because the price of oil was dropping, therefore artificially increasing the price for the coming weeks, any cuts will be short-lived, make use of them.


/this prediction has been brought to you by r3nu4l enterprises. pleasenotethatr3nu4lenterprisesareonlyrepeatingwhattheyheardontheradio

Heroditas

r3nu4l wrote: »

Yes but OPEC have only recently announced a cut in production because the price of oil was dropping, therefore artificially increasing the price for the coming weeks, any cuts will be short-lived, make use of them.

Meh, means not a lot really. 73% of oil is traded by speculators. They're all jumping back in because of the bank rescue packages for a quick buck. There was news about hurricanes and also production being affected in Nigeria and the price still fell during the week.
It's speculators that are driving the price up. If OPEC cuts production, the US will simply tell Saudi Arabia to increase their output.

L1011

VH wrote: »

jeez and that topaz/statoil motorcard is off the scale at 127.55 and 131.43

i only bought €20 worth yesterday as i was expecting a major price drop - thanks for the heads-up -youve confirmed my suspicions!

121.79 / 128.51 from midnight.

nogoodnamesleft

Down South I filled up on Diesel for 125.9 a litre this morning. Tescos are actually more expensive at the moment by a cent or two although they do a deal on 5c off when you spend more than 50 quid buying the shopping.

LEIN

Any one got any links to see oil prices? Have been using rte business page but its not updated regularly.

RAFC

Try http://www.pumps.ie just enter your county and area

eden_my_ass

The Beeb - http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/commodities/default.stm

eagerv

damo9090 wrote: »

Any one got any links to see oil prices? Have been using rte business page but its not updated regularly.

http://www.bloomberg.com/energy/

LolaDub

I get free diesel

sadly the main vehicle is petrol but somebody else pays for that!

Tbh its great to see it coming down although i'm with the i'll believe it when i see it gang

Spipov

anybody noticed any decrease at all today/this morning?around the south dublin area?

fonpokno

Yep, tis 118.9 in Texaco on the Rathfarnham Road and apparently the Texaco on the Tallaght bypass is the same!

Kelso

Typical rip-off garages! I know that the texaco on the tallaght bypass was 124.9 anyway so they've got a reduction of 7 cents+vat yet they only reduce their prices 6 cent!

L1011

They may not have got a reduction of 7 cents unless they're getting their fuel from the exact same source on the same terms as Hammertime is - and I don't think he's ever said anything about what franchise/supplier/whatever he has...

Heroditas

Texaco at the Foxhunter is now 123.9 - a drop of 1c since yesterday.
Unfortunately I don't know what the Shell on the Palmerstown Bypass is trading at but it's usually very cheap. I wouldn't be surprised to see it at 121.9 soon enough.

Bandara

every station who bought fuel at the new price is paying 6.74 cents cheaper wholesale

to be fair to the smaller garages, they will need to move the stocks of fuel that they bought at the old rpice before they can pass them on.

but any busy station should have doen it by now.

Keep you eye on the Essos around, biggest robbers in the fuel industry, they'll do nothing till tuesday or wed

Bandara

Heroditas wrote: »

Texaco at the Foxhunter is now 123.9 - a drop of 1c since yesterday.
Unfortunately I don't know what the Shell on the Palmerstown Bypass is trading at but it's usually very cheap. I wouldn't be surprised to see it at 121.9 soon enough.

based on their normal sales volumes the foxhunter site will make about €3500 extra today by not passing on the decrease. Thats a lot of money.

Heroditas

That forecourt is always jammed - even at 11pm. It's a treasure trove seeing that it's pretty much the last stop for petrol for a long distance journey if you're sticking to the motorways/dual carriageway.

I don't like the new layout though. Some of they stuff they're selling is dire! :P

Bandara

Heroditas wrote: »

That forecourt is always jammed - even at 11pm. It's a treasure trove seeing that it's pretty much the last stop for petrol for a long distance journey if you're sticking to the motorways/dual carriageway.

I don't like the new layout though. Some of they stuff they're selling is dire! :P

its the busiest forecourt in europe.

L1011

Heroditas wrote: »

Texaco at the Foxhunter is now 123.9 - a drop of 1c since yesterday.
Unfortunately I don't know what the Shell on the Palmerstown Bypass is trading at but it's usually very cheap. I wouldn't be surprised to see it at 121.9 soon enough.

Thats not been a Shell for about a year!

Heroditas

Sorry, I still refer to it as a Shell.

AugustusMaximus

Wasn't keeping an eye out in particular but I remember seeing 114.9 on one of the service stations going southbound on the Naas dual carriageway.

ninty9er

AugustusMaximus wrote: »

Wasn't keeping an eye out in particular but I remember seeing 114.9 on one of the service stations going southbound on the Naas dual carriageway.

Probably closed down before the upward spiral if it was that low!!

Blunder

The applegreen in Urlingford is the cheapest I've on my weekly journey from Donegal to West cork via dublin. It was 121.8 for diesel and 119.8 for petrol on friday evening. They do that offer thing for an extra 5 cent off as well with a car wash.

L1011

ninty9er wrote: »

Probably closed down before the upward spiral if it was that low!!

Topaz Kill was 121.9 before the price cut so it they hoiked 7 cent off, it'd be that.

The remaining extant closed station on the Naas Dualler southbound doesn't have its signs up any more (the Maxol at Blackchurch)

Guy:Incognito

MYOB wrote: »

They may not have got a reduction of 7 cents unless they're getting their fuel from the exact same source on the same terms as Hammertime is - and I don't think he's ever said anything about what franchise/supplier/whatever he has...

Think we can take Esso off the list:

Hammertime wrote: »

Keep you eye on the Essos around, biggest robbers in the fuel industry, they'll do nothing till tuesday or wed

miju

nothing like just getting back from the local garage spending €50 worth of petrol at €1.24 a litre and then seeing this thread

Sully

No change in Topaz Waterford. Wasnt out past any of the other garrages so no idea if they changed.

NiSmO

This post has been deleted.

Climate Expert

miju wrote: »

nothing like just getting back from the local garage spending €50 worth of petrol at €1.24 a litre and then seeing this thread

Do you get tearful when you lose a €2 coin as well?

VH

Climate Expert wrote: »

Do you get tearful when you lose a €2 coin as well?

CE - some of us dont like paying more than we have to - even if its 1c