Petrol prices

alias no.9

[Deleted User] wrote: »

I highly doubt the U.S will discontinue their downsizing and reduced fuel consumption trend. The Government has set targets for fuel consumption.

Those regulations will be analysed and gaps will be found. Kit cars became popular in the UK post WW2 because of a massive difference in the taxation on the sale of cars as opposed to car parts, I've already mentioned that SUV's in the US were a response to emissions regulations.
Car companies already focus their efforts on doing well in the standardised tests for emissions/economy and for crash testing as opposed to real world performance in either. There will be further categories of vehicles that emerge to exploit loopholes, hell the amount of urban diesels we have now is already a horrible consequence of an obsession about CO2 above other pollutants.

colm_mcm

Giving grants and free charging for coal and turf powered electric cars is equally misguided though. Fact is if you have targets to meet you'll find ways of doing it - regardless of how effective those targets are.

colm_mcm

colm_mcm wrote: »

Giving grants and free charging for coal and turf powered electric cars is equally misguided though. Fact is if you have targets to meet you'll find ways of doing it - regardless of how effective those targets are.

Electrics are very efficient , don't forget the vast amounts of energy required to refine petrol and diesel, then the transportation from well to pump.

Senna

Applegreen in Letterkenny is 119.9 for diesel, is that in and around the same all over the country? Was 129.9 last week when I filled up.

professore

delahuntv wrote: »

at the end of the day tax is taken one way or the other.

Also, in the USA the social welfare system and public health system suck - and I mean really really suck. Children's allowance or unemployment benefit after a year? Forget it.

Hence they have a very small public heath and social welfare budget - here its almost 40% of the tax take!!

In the USA, property tax is way way higher than here as are water charges.

Overall, after living both in USA and Ireland, its a fairer system here.


On fuel - USA is in US gallons (3.8 litres) and there is very little tax - though findng a car that does more than 40 to agallon is near on impossible.

On fuel price itself at current price of $61 and dollar at $1.21 here is the approx breakdown

Raw oil - 32c
Refinery cost 8c for petrol, 13c for diesel (changes with demand and seasons)
Duty - 59.6c for petrol, 49.4c for diesel
Retailer & distrbutor costs & profit - 10c-11c combined
and add Vat @ 23% on top of all that.

Basically if the dollar stayed the same and oil price went to $1 tomorrow, you would still be paying €1 at the pumps.

Likewise if it doubled to $120, price would rise just 40c (33c+vat) as all other costs except vat stay relatively constant.

Go away with your facts, they don't agree with the rich get everything and the poor get nothing in Ireland story. Sightly off topic ... Sorry