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

Some folks don't seem to understand how things work if they think owning and running a car is going to be cheaper if everyone just switches to EVs. Remember that electricity prices have increased by over 50% in the last 12 months or so too so it's not some unique phenomenon only associated with petroleum. The more people start switching to electricity to fuel their cars then it's only natural that demand pushes prices up.

Then you have to take the revenue stream from taxation, levies and grants. When the balance of the national fleet starts moving in the direction of EVs the Government are not just going to let the revenue stream trickle away to a lower level than they collect now from all the ICE cars out there. They will have to make back the short fall and that means more tax rises for EV owners, less grants towards purchasing EVs, taking away EV toll subsidies, etc. All these perks are to get people to switch, once they reach a saturation point where revenue starts to drop off they will go. The Government coffers depends on revenue from the likes of the motorist to go towards paying for the running of the country.

It's already €2 petrol in the Netherlands.

Anyway, we had truckers protesting back in mid 2000's when diesel hit €1/l.

The UK had a shock when they got to the magic £5 gallon.. there was outrage..but now they are paying £8 a gallon.

Nothing has happened except, more duty, higher vat and carbon tax.

Come budget time, and a few more cent is added on, people will just say, as shur, it's only a few pence... Not even the price of a coffee.

Well all those pennies are adding up.

Do I give a flying füç.. nope, because it's out of my hands.

I recall a good few years ago, a barrel of crude hit €115, yet I never remember the pump price as high as it is now.

How anyone buys that petrol super is beyond me. I have seen it around €1.90/ltre.

This is the thing.

If 50 percent of ICE owners switched to EV's tomorrow (assuming in the first instance there were enough EV's on the market to do that) there would be a number of negative outcomes.

The national grid would most likely collapse, the cost of electricity would increase, the loss of ICE related revenue to the state would mean an imposition of significant charges on EV's, and most importantly, not a single public charger would have a queue of less than 20 at it on a regular basis.

I am all for EV for numerour reasons, but for those thinking it will mean far cheaper motoring - not a notion, or at least not without significant forward planning in a number of areas - we don't have a great track record for that in fairness.

A lot of lorries will have to park up at that diesel price.

What it will do to embed inflation doesn't bare thinking about .

Danger also that people will revolt against the green agenda if it is skinning them alive.

2 euro fuel will see a lot of hard days for people.

In the UK the parliamentary committee on transport has recommended road pricing and an increase in VED (or motor tax to us) as people start shifting towards EVs.

EVs are only going to be cheap to run for a short while, once enough people switch they'll get rid of the discounted tolls, the 0% company car tax (that's already flagged as going from 2023), the VRT relief, and that's just the low hanging fruit.

It's absolutely ridiculous that people who are buying much heavier vehicles (and therefore wearing out our roads faster - hardly very environmentally friendly, but we'll gloss over that in the same way we know that the electricity used to go into these vehicles is definitely not 100% renewable energy but somehow EVs are 'zero emissions') are getting toll discounts not to mention €120 car tax. If you can afford an electric car, you can well afford to pay proper car tax and proper tolls like the rest of us mugs do, especially when you're wearing out our roads quicker than the rest of us are.

Taxing cars by weight (particularly non -commercial), makes a lot of sense. It would also likely slow down the demand for SUVs therefore making environmental sense and a number of other benefits.

I don't see too much of a rush coming yet, people will adjust. The two immediate problems are the price of them and the range, never mind our poor charging infrastructure.

Petrol 31/01/22 €/l

Could be worse

I'll be shticking to the auld LPG anyway

Making biodiesel is easy to do at home, but HVO? How does one make HVO at home. That is a far superior fuel, but made from the same feedstock as biodiesel

It's only a matter of time before any of the ev grants are gone and the government start going after the ev drivers for the short fall in taxes from petrol and diesel

Talks of a "decrease" in motor tax

Electricity at night is only cheaper if you're on a night meter.

Not willing to pay price as it is now. I’m driving a big powerful diesel car but I’m not enjoying the driving anymore. I’m watching trip computer trying to drive as efficiently as possible. Smiles per gallon era is over IMO..

New car was on the cards so going electric now is a no brainier for me. Free charging in work, night rate meter means daily top up charge of 100km costs €1.50 if I need to use it.

No I can't see that happening, the high vat, carbon tax etc etc is the stick to beat the motorist into changing (eamon ryans thinking) what they are thinking is reducing the already low motor tax on greener cars which will do nothing for the cost of living and as for the one off €100 off your electricity bill, again they don't want to lower any taxes or charges that would make a meaningful difference but to hope the price of oil and gas come back down before the carbon tax increase come in this summer.

There will be **** all cuts in vat or taxes.

The pandemic has to be paid for now.

Yes, agree with that completely.

I live in north Wexford and used to commute to Dublin daily, it would have cost around €45 a week, doing about 600kms doing 50mpg with diesel @ 1.30 ish.

Since the dose i'm working closer to home, spending €30 a week to do 270kms. Albeit a different car, doing 45mpg, petrol @ 1.70.

So, with rounding the numbers a shade, that's two thirds of the price to go a little less than half the distance, 3 years later.

Or to put it another way, someone who is lucky enough to have an ok salary, say 40k, 14k above the infamous living wage and who is also lucky enough to work less than 30kms from home is paying around 5% of their take home salary or working one full day per month, to pay for the fuel to get to work. Before, you tax, insure, NCT or service the car or pay for the car itself, in a country where there are no real alternatives to owning a car.

Didn't the carbon tax increase already come into affect for motorists? They never wait with taxes on petrol and diesel. I understood that it is only for home heating that the carbon tax increase was coming in May, but that is usual as they always delay that so that folks won't have to worry about heating their homes over Christmas, etc.

I don't see them doing anything to reduce the cost of fuel, removing this year's carbon tax increase would be lovely but 2 cent a litre is €1.20 on a 60 litre tank, it's not going to make a substantial difference. To see it drop back by 10 cent would make a meaningful difference but that's beyond the Government's control. They could reduce the cost of toll tags (for example, the East Link toll bridge went up 50 cent or over 35%), car tax for older cars by €100, allow people to pay car tax in monthly instalments rather than the current situation of either 3, 6 or 12 months (paying a lot more if you don't get the disc for the whole year of course), that's something we'd all notice and appreciate.

I simply don't see it happening because the Greens love making the lives of motorists miserable (except wealthy people who can afford massive electric luxury cars and SUVs).

You need the gear and ingredients, and the feedstock, so many vids on youtube, not complicated.

Highest I've seen for petrol in Kildare today was 179.9.

I expect another few cent increase this week based off the increase in Brent on Friday.

Weren't they asked why they didn't just cut the tax on electricity, instead of the one off €100 power bill rebate, and they replied they couldn't afford it - lying tossers, of course. We get €100 and the UK get £395. My fill of hetaing oil last week cost €895. Revenue smiling ear to ear at the massive energy taxes windfall isn't going to get my vote come the next election.

I got a crazy idea for the government, as they appear lost for ideas - how about dropping CO2 taxes altogether? They are predicated on people being abe to choose alternatives, when that clearly isn't the case.