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

wotzgoingon

https://www.boards.ie/discussion/comment/119705929#Comment_119705929

Can't read it as it's behind a paywall. Why would they reduce by that much when it is in high demand?

GM228

https://www.boards.ie/discussion/comment/119706451#Comment_119706451

Because "in light of the uncertainty that surrounds the global economic and oil market outlooks, and the need to enhance the long-term guidance for the oil market..."

Preas release from OPEC

https://www.opec.org/opec_web/en/press_room/7021.htm

All it will do is up oil and gas prices even more.

wotzgoingon

https://www.boards.ie/discussion/comment/119706490#Comment_119706490

All it will do is up oil and gas prices even more.

Exactly which why I said why would they do that when all it will do is rise the prices.

I was actually delighted the past week, two weeks where the price of petrol has come down and in my eyes I thought it was going to stay that way then this happens and prices will shoot up.

mikeecho

https://www.boards.ie/discussion/comment/119706451#Comment_119706451

Cos they're in the business of making money.

harmless

Exactly, they can see that while demand for oil won't evaporate it will decline in the coming decades.

So why not make obscene profits now while demand is very high?

bear1

Very coincidental that it came about when the EU agreed the cap the price of Russian oil.

patnor1011

https://www.boards.ie/discussion/comment/119707858#Comment_119707858

There is no such agreement yet. There is a will but there is opposition to it too. We will see what happens in Prague.

mikeecho

Apparently DCI cards saying diesel will be 205.⁹ on Sunday.

Anyone got a txt/email that can confirm this.

Also local FB page saying a station has gone from 188⁹ to 201⁹ , 13¢ jump

Danzy

https://www.boards.ie/discussion/comment/119707858#Comment_119707858

OPEC are showing that Russia remains a friend and they will throw Moscow a bone.

John arse

https://www.boards.ie/discussion/comment/119714761#Comment_119714761

As per usual-rapid increases!

Danzy

Worrying statistics coming out on diesel supply globally

mikeecho

https://www.boards.ie/discussion/comment/119714837#Comment_119714837

Just wait till we stop supply from Russia

vickers209

https://www.boards.ie/discussion/comment/119714761#Comment_119714761

Not dci but Fuel card i use for derv jumped 10c from tuesday to thursday to €1.57 ex vat €1.93 including vat

expecting more rises in comming days

noticed local circle k garage diesel was 182.9 yeterday evening was 184.9 this morning and this evening was 188.9

vickers209

https://www.boards.ie/discussion/comment/119715765#Comment_119715765

Received notice of another increase this morning gone from 1.57 yesterday nearly 1.64 ex vat Thats €2.02 including vat 😲 9c increase in. 24hrs

Damien360

Diesel is 199.9 in Newbridge about an hour ago. It never really got too far below 189 in recent weeks.

Summitatem

Even at €2/litre the performance, comfort and range of diesel is hard to beat. I'm doing perhaps close to 40k Kms per annum in a 5 year old diesel .... There's nothing EV that would appeal to me that I would justify. An i4 potentially but €70k on a car doesn't appeal.

road_high

It’s always amazing how quickly the price increases jump at the sniff of any oil price jitters

mikeecho

https://www.boards.ie/discussion/comment/119718247#Comment_119718247

I'm more amazed that there is never a 9 to 14¢ reduction overnight.

Anyway, brimmed the two oil burners today for 1.87⁹/l ( less 8¢)

It's great to have threads like this, and posters who give the heads up on price trends.

wotzgoingon

https://www.boards.ie/discussion/comment/119718400#Comment_119718400

You are right it never drops quickly but if a barrel goes up the price shoots up for us general users even though the fuel you are buying on the day would have been bought cheaper.

Cyrus

https://www.boards.ie/discussion/comment/119718032#Comment_119718032

The only thing diesel will have over an ev is range, comfort and performance won’t be close in most cases. Maybe an ev doesn’t suit your use case but that’s a different story.

Summitatem

Well my post was very much about my case hence why I detailed my annual mileage etc etc 👍

Perhaps in your case your EV is more comfortable and has more performance than equivalent ICE powered vehicles but that's a different story .

Performance, comfort and range was in context an overall package also ...take away one and the other two don't really bring much benefit for many . .perhaps not in your particular case but that's a different story.

You must be very happy with your EV if you feel the need to throw a spiel at someone driving a 5 year old diesel ⛽

machiavellianme

How exactly is an EV more comfortable in winter when you are wearing your hat, gloves and scarf on anything longer than the school run? In fact, you might be getting a lot of whinging about the cold on that school run too!

Miscreant

https://www.boards.ie/discussion/comment/119724950#Comment_119724950

EVs don't have heaters? That's news to me!

liamog

https://www.boards.ie/discussion/comment/119724950#Comment_119724950

Is your knowledge of EVs entirely based on the G-Wizz?

Patser

https://www.boards.ie/discussion/comment/119724950#Comment_119724950

Most EVs can preheat while plugged into mains - can have time set up in advance too, like an alarm clock. So lovely, toasty, defrosted car waiting for you when you come out. Enjoy scraping the ice off your windscreen in your hat, gloves and scarf as kiddies shiver in back seat; if we're going to go to that level of 'Won't someone please think of the children!' debate

Edit: To be clear, don't need to be plugged into mains either, just more sensible that way. And reason I say most EVs is because of the fecking Twizy - can't think of any except that that can't pre-heat Edit Edit - and apparently the G Whiz. Edit Edit Edit - annnd the Citroen C Zero

ELM327

https://www.boards.ie/discussion/comment/119724950#Comment_119724950

Sometimes the house is colder than the EV. I can preheat my EV on the app which I generally do 10-15 minutes before leaving. I could even do that on my 2014 nissan leaf years ago!

waterwelly

I've been making soundings and new EV's right now are extremely expensive, if you can get one at all.

So the premium you are paying means it will be a long time until the fuel savings are paid back.

I've also heard (second hand) of somebody who wanted to trade in a 3 yo EV for a new one of similar spec and was given a pittance of a value, like 1/3rd of new.

Now if that is the norm, then new EV buyers are effectively being ridden.

Patser

That is the bigger issue with EVs alright WaterWelly, their price is silly high. Due to massive demand, and limited supply most manufacturers have gone into selling larger, more premium sized cars to maximise their profit - see the likes of Kia and Hyundai who normally specialised in gigh bulk, modest profit lines now looking for €50k on average for their EVs.

But there's a big change coming, China has invested massively in EVs over last decade and now that they are fully up to speed, their car makers are looking to export. The MG4 just about to launch at €27,500 for a Golf/Focus sized EV is the 1st of that wave - getting 9/10 on Top Gear, before you say anything of quality. Ora Cat will be the next one to watch next year. And by then SAIC and Geely will be really starting to ramp up.

As for trade in, deales have always been that way. Most EVs hold their price amazingly well. I'd pretty much get my money back on my i3 that I imported 4 years ago. Someone collecting a Tesla Model 3 now, would be able to sell it for €5k more than they paid due to demand.

oinkely

https://www.boards.ie/discussion/comment/119725577#Comment_119725577

My 2012 Citroen C Zero can't preheat when plugged in either, which is a right pain at times. But hey, its almost free commuting so can't complain too much.

vickers209

Another 5 cent ex vat on diesel added today brings it to €2.08 vat included 😲😮😲