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Petrol prices on the UP AGAIN

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


    20 March 2012
    $124.09 for a barrel
    €0.59 per litre before refined
    €1.64 per litre of petrol

    20 February 2012
    $121.04 for a barrel
    €0.57 per litre before refined
    €1.59 per litre of petrol

    How is a 2c difference a 5c difference?

    20 January 2012
    $114.66 for a barrel
    €0.56 per litre before refined
    €1.53 per litre of petrol

    Now a 6c difference in 1c difference per litre

    Something isn't right! I think the stations have set up a cartel and I think WE SHOULD DEMAND an investigation.

    Prices according to the accurate EUR/USD currency histories.


  • Registered Users Posts: 9,316 ✭✭✭Mycroft H


    Sobanek wrote: »
    20 March 2012
    $124.09 for a barrel
    €0.59 per litre before refined
    €1.64 per litre of petrol

    20 February 2012
    $121.04 for a barrel
    €0.57 per litre before refined
    €1.59 per litre of petrol

    How is a 2c difference a 5c difference?

    20 January 2012
    $114.66 for a barrel
    €0.56 per litre before refined
    €1.53 per litre of petrol

    Now a 6c difference in 1c difference per litre

    Something isn't right! I think the stations have set up a cartel and I think WE SHOULD DEMAND an investigation.

    Prices according to the accurate EUR/USD currency histories.

    Where you pulling those pre refined figures from?


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


    BX 19 wrote: »
    Where you pulling those pre refined figures from?

    Should've stated it's just the cost of 1 litre of crude oil. Before refinery. +5-15c is what it costs as a 1 litre of 95 octane petrol.


  • Registered Users Posts: 321 ✭✭Bluefox21


    You should use the futures prices


  • Registered Users Posts: 9,441 ✭✭✭Heroditas


    Sobanek wrote: »
    20 March 2012
    $124.09 for a barrel
    €0.59 per litre before refined
    €1.64 per litre of petrol

    20 February 2012
    $121.04 for a barrel
    €0.57 per litre before refined
    €1.59 per litre of petrol

    How is a 2c difference a 5c difference?

    20 January 2012
    $114.66 for a barrel
    €0.56 per litre before refined
    €1.53 per litre of petrol

    Now a 6c difference in 1c difference per litre

    Something isn't right! I think the stations have set up a cartel and I think WE SHOULD DEMAND an investigation.

    Prices according to the accurate EUR/USD currency histories.

    Have you taken the exchange rate between the € and $ for each of those dates into account?


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


    Heroditas wrote: »
    Have you taken the exchange rate between the € and $ for each of those dates into account?

    Yes. FOREX currencies.

    20th January 2012 - €1 = $1.2899
    20th February 2012 - €1 = $1.3221
    20th March 2012 - €1 = $1.3194


  • Registered Users Posts: 37,295 ✭✭✭✭the_syco


    RoverJames wrote: »
    The job before the DIY shop paid IR£15/day (with lunch from the chipper thrown in though :cool: )
    Pft. I got a full carvery lunch; turkey & ham & spuds & gravy every day I worked, even if I was only in for 3 hours (weekdays; 12 hour days at the weekends). Usually worked out that the A-Team was on around lunch time.


  • Registered Users Posts: 5,607 ✭✭✭creedp


    Bluefox21 wrote: »
    You should use the futures prices


    I was looking an an article over the weekend which was attempting to etimate the value of the Cork Oil Well. It was valued at so many barrels by $80 a barrel. The 'expert' said that this was the long term value used for a barrel of oil. What does this say about the cost of oil in the future and peak oil and all that stuff.


  • Registered Users Posts: 7,402 ✭✭✭Trampas


    seems like avg price is now 166.9


  • Closed Accounts Posts: 5,731 ✭✭✭Bullseye1


    It's government sponsored gouging.


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  • Banned (with Prison Access) Posts: 16,635 ✭✭✭✭dr.fuzzenstein


    Bullseye1 wrote: »
    It's government sponsored gouging.

    Yep, the motorist bailing out the country. Meh.


  • Closed Accounts Posts: 5,731 ✭✭✭Bullseye1


    This government has abandoned the internal economy for exports.


  • Closed Accounts Posts: 1,326 ✭✭✭S28382


    169.9 in an esso garage in Kilkenny city as everyday passes it goes up, I bet by the end of April it will be very near 190, the robbing fu**kers


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


    S28382 wrote: »
    169.9 in an esso garage in Kilkenny city as everyday passes it goes up, I bet by the end of April it will be very near 190, the robbing fu**kers
    Yeah, I spoted that this morning. However, I can't understand people filling their tanks on that station.


  • Closed Accounts Posts: 88,978 ✭✭✭✭mike65




  • Closed Accounts Posts: 1,326 ✭✭✭S28382


    Seweryn wrote: »
    S28382 wrote: »
    169.9 in an esso garage in Kilkenny city as everyday passes it goes up, I bet by the end of April it will be very near 190, the robbing fu**kers
    Yeah, I spoted that this morning. However, I can't understand people filling their tanks on that station.


    Me neither its madness I usually head to the garage in irishtown which actually is another esso garage but the dearest it has been is 165, altho in regard of the other esso garage alot of the people in there seem to be just getting a supermacs or just general stuff from the shop the people that own it are taking the piss with the prices and the way they put it up every single day


  • Registered Users Posts: 979 ✭✭✭stevedublin


    Hehe, the people are getting agitated.
    Expect petrol prices to come down a little bit and people to calm down before heading higher than ever.


  • Registered Users Posts: 2,033 ✭✭✭who_ru


    Hehe, the people are getting agitated.
    Expect petrol prices to come down a little bit and people to calm down before heading higher than ever.

    i know of friends who will now not take the car out even for a trip to the shops, they atke the bus instead, slowly but surely people will cut back on their consumption and this will feed through to the forecourt retailers.

    really it can't keep on going like this, it must be impacting on the economy in a very negative way.


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


    who_ru wrote: »
    Hehe, the people are getting agitated.
    Expect petrol prices to come down a little bit and people to calm down before heading higher than ever.

    i know of friends who will now not take the car out even for a trip to the shops, they atke the bus instead, slowly but surely people will cut back on their consumption and this will feed through to the forecourt retailers.

    really it can't keep on going like this, it must be impacting on the economy in a very negative way.

    What have the forecourt retailers got to do with it ?


  • Registered Users Posts: 5,607 ✭✭✭creedp


    Hammertime wrote: »
    What have the forecourt retailers got to do with it ?


    Well its to them that we hand over the hard earned cash. I'd like to hear more from them what is driving the incessant price increases. If this happened in any other sector people would be screaming blue murder (including the Govt) at retailers seeking an explanation. Of course we all know that almost 50% of every increase goes to the Troika(Govt) so the Govt has a vested interest in price increases.


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  • Registered Users Posts: 1,937 ✭✭✭patwicklow


    Gone up aswell to 169.9 in arklow nearly hitting the 170.0 mark cant understand why it just creeps up and not a thing is said. i guess we just may as well bend over and be done with it!


  • Registered Users Posts: 3,361 ✭✭✭YouTookMyName


    It'd be nice to go to a forecourt and be able to buy diesel. :mad::mad:


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


    It'd be nice to go to a forecourt and be able to buy diesel. :mad::mad:

    I've heard it in MENKLE over in the UK at the minute


  • Registered Users Posts: 33 Heather21


    Price of petrol is crazy at the min.


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


    Heather21 wrote: »
    Price of petrol is crazy at the min.
    Still cheap though...


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


    Seweryn wrote: »
    Still cheap though...
    :rolleyes:


  • Registered Users Posts: 18,069 ✭✭✭✭fryup


    what do you reckon €2 a litre by the end of the year? maybe sooner?


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


    NinjaK wrote: »
    :rolleyes:
    Still very few liquids can compete with petrol in terms of price ;).


  • Banned (with Prison Access) Posts: 7,102 ✭✭✭Stinicker


    I'm over here in Malaysia at the moment, Petrol costs around 2MYR (48c/litre) and Gas around 0.8 (20c/litre). Excessive taxation has Ireland destroyed beyond comparison. Oil is expensive yes, but in reality it is still cheap however when you have such crippling taxation then it becomes expensive.


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  • Posts: 23,339 ✭✭✭✭ [Deleted User]


    ....what's the minimum wage over there?


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