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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

  • Registered Users, Registered Users 2 Posts: 75,483 ✭✭✭✭L1011


    Should be a good bit more than 20c off off diesel

    The claim is that they're taking 20 off excise, which would be 25 off post-VAT price. There's also the 2c NORA levy going, and a 8c reduction in wholesale prices (for now…) so should be something like 36c off diesel. Or 31c if the state is claiming the post-VAT value of the excise reduction.

    15c excise, 2c NORA and 5.5c cut in wholesale for petrol would be 27c off petrol, again if they're not rolling the VAT in to the excise drop.



  • Registered Users, Registered Users 2 Posts: 3,501 ✭✭✭almostover


    The motor tax system in this country is a joke. A small fuel surcharge as motor tax would be a far fairer way to tax motor vehicles. The more you drive, the more you pay. Also incentivises more fuel efficient cars. Hauliers and the likes then could claim back a portion of this tax as a business expense.

    There must also be some simple way to apply a tax on each kWh supplied at a public charger or to a home charging unit. That tax could be less than the fuel tax to incentivise EV adoption.

    Would save a lot of money rather than getting the Gardai to be policing if people have a small round disc in their windscreen. Not to mention the admin costs on printing such discs and posting them around the country.



  • Registered Users, Registered Users 2 Posts: 75,483 ✭✭✭✭L1011


    They're ditching the discs soon-ish, like the UK. Gardai don't need them with the mobility app.

    I expect it costs less than a fiver to send out a disc, so there will be some savings but not a huge amount; plus at this point the state probably sees some of these things as a subsidy for An Post!



  • Registered Users, Registered Users 2 Posts: 266 ✭✭rayman10


    I wouldn't be pricing in an 8c wholesale reduction just yet.

    A barrel could go up again in the morning depending on what the buffoon says.



  • Registered Users, Registered Users 2 Posts: 75,483 ✭✭✭✭L1011


    Using CSNA figures which have been solid so far, it doesn't mean there won't be another rise a day later!



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  • Registered Users, Registered Users 2 Posts: 4,459 ✭✭✭sonic85


    A couple of my local stations hiked the shite out of fuel today - no doubt in advance of the government plans. They just can't help themselves



  • Registered Users, Registered Users 2 Posts: 15,040 ✭✭✭✭Red Silurian


    There's no real way of knowing when somebody is using their home supply to charge a car and the public chargers are crazy expensive as it is, any increase on that and somebody without a driveway will have no incentive at all to go electric. It's not all doom and gloom though, every mile driven in an EV helps with our emissions figures as well which reduces the upcoming EU emissions fines

    The latest I heard was that from midnight tomorrow (not sure if that means tonight or Tuesday night) until the end of May there will be a 17c excise+NORA cut on petrol and 22c cut to diesel. There will also be further supports for bus and logistics companies who still use diesel. Still looking at over €2 a liter for diesel mind… 2.25 at the place I passed earlier today

    Could we make an argument to cut the NORA levy altogether given that it doesn't seem to have worked this time



  • Registered Users, Registered Users 2 Posts: 131 ✭✭Perfidious Cretin


    Saw a station today with petrol costing the same as diesel, €2.25. Guessing they're gearing up to line their pockets even more. The vast majority of stations I've seen in the past few days are still around €2 a litre for petrol.



  • Registered Users, Registered Users 2, Paid Member Posts: 7,831 ✭✭✭jj880


    Saw 2.37 for diesel in the back ass end of Donegal today. Not even near a town. Couldnt believe it.

    The kite flying of pitiful measures from the government is a joke.

    Nothing for kerosene being suggested besides more fuel allowance.

    Edit: 2.49 for diesel this morning.

    Post edited by jj880 on

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  • Registered Users, Registered Users 2 Posts: 266 ✭✭rayman10


    Cool story but in the real world they put the price up because the wholesale price went up.



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  • Registered Users, Registered Users 2 Posts: 59 ✭✭KNO3


    It’s already getting close in some areas. Prices usually spike right before summer holidays too, so your timeline for May sounds about right. People will definitely look at EVs once it hits that psychological barrier.



  • Registered Users, Registered Users 2 Posts: 4,625 ✭✭✭harr


    I presume that price will be for any fuel delivered after today and any station that has old stock will have to continue selling at a higher price till old stock is gone . For smaller quiet stations that could be a week having to sell higher unless they massively sell under cost.. i think people are expecting prices to suddenly drop at midnight



  • Registered Users, Registered Users 2 Posts: 306 ✭✭mankteln


    I was wondering that about kerosene. Ridiculous.



  • Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭Mr Velo


    So stations that put the fuel price up on Friday, Saturday, Sunday and Monday (stations local to me did this) last was because the wholesale price went up?



  • Registered Users, Registered Users 2 Posts: 15,040 ✭✭✭✭Red Silurian


    Yeah that's what the fuel retailers association crowd (can't remember their exact names) have said. Yet when duty gets added at midnight on budget day it goes up immediately… Funny that. We've been told the CCPC is going to protect consumers to make sure that won't happen, which is another way of saying the consumer won't be protected

    Truckers get a Diesel Rebate Scheme back dated to the 1st of January. Nothing at all for anybody that had to fill their kerosene tank in the last couple of weeks. But apparently the most vulnerable being looked after



  • Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 19,068 Mod ✭✭✭✭Kimbot


    One garage close to me was 219.9 @ 6:30am yesterday, at 5pm yesterday they were 225.9 and @ 6:30 this morning they were 227.9, 3 different prices in 24 hours is mental.



  • Registered Users, Registered Users 2 Posts: 207 ✭✭paulpd


    It's 237.9 per litre of diesel in the KCR in Terenure this morning. Petrol is 205.9.



  • Registered Users, Registered Users 2 Posts: 15,040 ✭✭✭✭Red Silurian


    I passed a filling station a few days ago and the price on the LED changed as I was stopped at the lights outside it. No sign of a delivery truck anywhere nearby though.

    Strange that isn't it?



  • Registered Users, Registered Users 2 Posts: 1,672 ✭✭✭Busman Paddy Lasty


    I'd find it very strange if an order made over the phone for future delivery resulted in immediate teleportation of delivery to site.

    Or a very early morning delivery happened and they didn't change the price until later in the day.

    Anyway, can't they just raise prices if they want to? Like any shop can.



  • Registered Users, Registered Users 2, Paid Member Posts: 14,988 ✭✭✭✭ednwireland


    was passing by Belleek in fermanagh on saturday filled up at £153.9 which is just under 1.80 euro (unleaded).

    My weather

    https://www.ecowitt.net/home/share?authorize=96CT1F



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  • Registered Users, Registered Users 2 Posts: 266 ✭✭rayman10


    What's strange about it?

    Is there some sort of law that businesses can only increase prices when the delivery truck is outside the door?



  • Registered Users, Registered Users 2, Paid Member Posts: 7,831 ✭✭✭jj880


    https://www.thejournal.ie/government-support-package-iran-6992995-Mar2026/

    Asked specifically this morning if the Government will consider social measures, such as mandating that employees work from home where possible, to help reduce car usage, the Tánaiste said it is a measure that may be looked at in the future, should the conflict in the Middle East continue. 

    Anyone know exactly what "mandating" means here?

    At 2.49 this morning for diesel in Donegal any extra WFH days would be very welcome.

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  • Registered Users, Registered Users 2 Posts: 4,625 ✭✭✭harr


    The way it works is .. a station buys fuel at a certain price then gets a delivery which is a higher price , most stations won’t put up the price till old stock is used up and new stock is being used .. that’s why prices can change at any time.
    A lot people on the various Facebook pages are expecting an immediate change in price tonight at 12 that won’t happen at the majority of stations . The busier forecourts who get daily deliveries will reduce quicker but don’t be surprised to see majority not dropping prices till closer to weekend, and by that stage wholesale prices could have increased further. I imagine the average should be around €2.10 for diesel come the weekend.



  • Registered Users, Registered Users 2 Posts: 306 ✭✭mankteln


    But no excise reduction on heating oil going forward? I suppose the 2c NORA charge will come off.

    It's good that they're going to support those who need the allowance but I would've hoped for some relief for taxpayers affected by the hikes. Unfortunately Irish society isn't divided into those in receipt of allowances and those with the means or opportunity to improve their energy efficiency. Lots of people in the middle who are disproportionately affected



  • Registered Users, Registered Users 2 Posts: 15,040 ✭✭✭✭Red Silurian


    Therre's no law, no, but the claim is that they decrease the price based on deliveries. Hence why it takes a week for the price at the pump to change

    That only makes sense if stations are getting 3 fills a day. Remember that petrol stations need to make a profit as well and it all starts to make sense



  • Registered Users, Registered Users 2 Posts: 266 ✭✭rayman10


    When a fuel delivery goes from €68000 to €92000 the petrol station needs to find €24000 to cover the difference.

    Hence many stations start to put the price up immediately to help cover the €24000.

    But all the Facebook and Boards.ie warriors want is the retailers blood.



  • Registered Users, Registered Users 2 Posts: 266 ✭✭rayman10


    The extra fuel allowance is a very crude and unfair way of doing it.

    Penalises those of us who get up in the morning.



  • Registered Users, Registered Users 2 Posts: 266 ✭✭rayman10


    Who's making that claim?

    How do you think they find the extra €24000 for a 40000 litre delivery?



  • Registered Users, Registered Users 2 Posts: 15,040 ✭✭✭✭Red Silurian


    With the reduction in dino juice taxes it benefits the heavier users, including SUV, van and pickup truck drivers. The benefit to somebody driving a Corolla or Focus is proportionately less. The bigger polluters in this instance have been given a greater benefit

    Home heating oil has been announced as a targeted measure, again it's likely somebody in the middle will get no benefit and just have to suck up the extra cost of a fill. Not sure the NORA levy applies to home heating oil but regardless it's increased from under a euro to €1.90 so 2c will make **** all difference

    And they have to pay COD, no credit given? Must be one of the few businesses operating on that model



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  • Registered Users, Registered Users 2 Posts: 266 ✭✭rayman10


    How much credit do you think they get?

    Think about it. €92000 per delivery. 10 deliveries in a month. Do you think they will get a month's credit of €1m.



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