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How long until we see €2 a litre and will it push more to EV's faster?

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Comments

  • Moderators, Science, Health & Environment Moderators Posts: 14,648 Mod ✭✭✭✭marno21


    Filled the tank further west in Glenflesk for 1.99 per litre. Would have cost an extra €9 to fill at that garage in Macroom.



  • Registered Users, Registered Users 2 Posts: 21,030 ✭✭✭✭cnocbui


    What amazes me is how quickly they are getting the oil from the well-head to the refinery and then refined into petrol, diesel, kerosene and then transported to the service stations.

    I would have thought it would take weeks or months, but clearly the whole supply chain can do it in a matter of hours. The sheer speed and efficiency is amazing. If only these lads were running the HSE.



  • Registered Users, Registered Users 2 Posts: 1,745 ✭✭✭notAMember



    No, it was 21500k from the dealer, plus cold pack for around 500 then the 5k grant came off it. I wrote them a cheque for it, still have the stub. Unless I got some eyelash fluttering deal, which is of course possible or even probable! :0)

    Keary's service the leaf for ~90 euro, that's the main dealer, and they give it a little hoover too. Non-main dealer does it for 60.

    Here is a link to all the 151-161 Leafs in Ireland, ranging from 10,995 to 13,950. Pardon me if my lowball of 11k (5 whole euros over the lowest number! how could I!) was BS that REALLY ANNOYS YOU. God love ya jimmy, watch the blood pressure.





  • Registered Users, Registered Users 2 Posts: 9,717 ✭✭✭YFlyer




  • Registered Users, Registered Users 2 Posts: 1,489 ✭✭✭dalyboy


    For those who claim Ireland’s service stations are not a corrupt cartel …….Has this reality ever been investigated ?

    When the price of the barrel of oil goes up our service stations IMMEDIATELY increase the price we pay at the pump however when the price of the barrel goes down it takes months to reflect in the pump price . Pretty nice little earner there for yah , only this band of scum has the potential to ruin the Irish economy with their carry on.

    ps … just saw €2.29 litre of diesel , I need to change my pants 🤭



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  • Registered Users, Registered Users 2 Posts: 8,922 ✭✭✭GM228


    Thread needs to be renamed - "How long until we see €3 a litre and will it push more to EV's faster?"



  • Registered Users, Registered Users 2 Posts: 19,867 ✭✭✭✭road_high


    I believe you- cars have risen rapidly in price in that short time plus if you can charge at work and the rest at home it’s a fraction of fossil fuels.

    Next car now I will be looking into electric, I will have to and it makes sense. €2 plus per litre is insane and to use that overused buzzword- “not sustainable”.

    BMW I4 looks like one I could live with and probably will cost similar to my diesel 3 Series on lease



  • Registered Users, Registered Users 2 Posts: 19,867 ✭✭✭✭road_high




  • Registered Users, Registered Users 2 Posts: 19,867 ✭✭✭✭road_high


    Wheres the evidence for that?- Toyota hold 4/10 of the top 10 sales models in Ireland. In terms of fuel economy the difference is negligible. BMW 3 series diesel I have is the most economical car I’ve ever owned. Easily match a Yaris 1.5 auto I’d say if driven wisely.

    Hyundai Kia sell a lot of cars here and though Korean fit the compact car description in many of their models



  • Registered Users, Registered Users 2 Posts: 414 ✭✭cal naughton


    Normally i would pick up a few small bits in the service station while getting fuel but I won't be anymore. People should just buy fuel only to hit them in the pocket.



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  • Registered Users, Registered Users 2 Posts: 465 ✭✭Rootsblower


    As I type this Brent crude for delivery in may is trading at $112 a barrel. It opened at $131 a barrel, that’s down 15 percent on the day. If diesel costs €2 average per litre and the taxes are 60% then the product cost is circa 80c . If the barrel dropped by 15% with corresponding lower vat and excise take diesel should have dropped by roughly 13c a litre today going by the speed it went up as oil prices rose.

    Wont happen of course. Boils my blood



  • Registered Users, Registered Users 2 Posts: 9,717 ✭✭✭YFlyer


    Some woman on Facebook said that this morning petrol and diesel was at €1.99.9 and then after 1 pm it was €2.22.9 for diesel and €2.14.9 for petrol. Based in Wexford.

    Would that be possible?



  • Registered Users, Registered Users 2 Posts: 19,867 ✭✭✭✭road_high


    The prices are insane there usually. Might buy the odd coffee or ice cream but definitely not groceries. They’re multiples cheaper elsewhere!



  • Registered Users, Registered Users 2 Posts: 413 ✭✭manatoo


    My local circle k was at 1.99 for petrol and 2.04 for diesel last night. Today it's at 2.15 for petrol and 2.23 for diesel. Almost exactly the 15/20 cents of the revenue reduction from midnight tonight ready to be swiped



  • Registered Users, Registered Users 2 Posts: 15,107 ✭✭✭✭callaway92


    That’s actually disgusting. Best course of action is just never giving them money.



  • Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭waterwelly




  • Registered Users, Registered Users 2 Posts: 413 ✭✭manatoo


    Totally agree but unfortunately my family circumstances are such that we're simply not able to afford an EV nor a plug in hybrid. 2500 off the cost of a 30 grand car is no use when you can't afford the other 27500.



  • Posts: 15,362 ✭✭✭✭ [Deleted User]




  • Registered Users, Registered Users 2 Posts: 15,107 ✭✭✭✭callaway92


    I mean use another station who likely still gouges, but a little less



  • Registered Users, Registered Users 2 Posts: 19,004 ✭✭✭✭Mimikyu


    Two garages by me did the same today. 199.9 this morning to 209.9 and 214.9 by 12pm. One only went up yesterday by a good chunk too.

    Another has been 207.9 since Monday at least.

    I was delighted filling up at “only” 179.9 on Monday.



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  • Registered Users, Registered Users 2 Posts: 465 ✭✭Rootsblower


    My local station put diesel up from €1.78 last Friday to €2.04 today. It was €1.90 yesterday and jumped to €2.04 within an hour of the excise reduction announcement. I have decided that I’m gonna protest in my own small way by no longer buying anything except fuel at any service station going forward. My few quid won’t matter that much but I’ll feel better doing it.I am also going to write to the manager of the service station who I know personally and inform them about my withdrawal of my custom and the reasons why. I have no problem with fuel prices going up when wholesale costs rise but the last 2 weeks have really taken the biscuit.

    I refuse to help them violate my wallet any more than they have too. I actually used to buy a sliced pan once a week in the service station shop, I bought it in Tesco yesterday and it was 40c cheaper there.

    I would hope other people would do the same but I doubt it.



  • Registered Users, Registered Users 2 Posts: 12,052 ✭✭✭✭titan18


    Price seems to be dropping on the market for barrels of brent crude so I'll assume that means all the prices at the station will drop as fast as they rose now.

    That's how it works right?



  • Registered Users, Registered Users 2 Posts: 413 ✭✭manatoo


    That's when they use the "it takes 3 weeks for the wholesale barrel price to move through the supply chain to and be reflected at the pump" line



  • Registered Users, Registered Users 2 Posts: 7,157 ✭✭✭Glebee


    Majority of petrol stations have been shown up for exactly what they are, gougers who will grease their paws at the drop of a hat.



  • Posts: 0 [Deleted User]


    Say €2 for a litre of petrol.

    37cent is VAT

    2cent is National Oil Reserve Agency levy

    64cent is the excise duty rate per litre (before the reduction tonight by 20cent)

    So €1.03 of the €2 is tax.



  • Registered Users, Registered Users 2 Posts: 24,750 ✭✭✭✭lawred2


    You'd be inclined to think it's a reaction to the government's plan



  • Registered Users, Registered Users 2 Posts: 1,200 ✭✭✭Citrus_8


    Nothing to do with stupidity in this way. Simply sites got a new delivery with more expensive fuel which forced to increase prices further. If you do a quick research, you'll see crude oil prices increasing daily so rapid that we should see sites increasing prices twice a day by 3-4c a day!



  • Registered Users, Registered Users 2 Posts: 19,867 ✭✭✭✭road_high


    Only when it’s in one direction I’m afraid ie UP



  • Registered Users, Registered Users 2 Posts: 29,254 ✭✭✭✭_Kaiser_




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  • Registered Users, Registered Users 2 Posts: 1,200 ✭✭✭Citrus_8


    Currently sites aren't profitable as crude oil is increasing more rapid than sites increasing the prices. They cover the loss with food and coffee. If customers will stop buying these, fuel price will jump together with coffee and food price!

    About 60% of fuel price go to the government with tax!



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