Heating oil big drop

homah_7ft · 28-04-2020 5:28pm

bigron2109 wrote: »

Just rang around a few places in Wexford. Some difference I tell you. I want to spend about €300 and here is the following :

Campus 800 litres online €299.99 with discount Code CM15 - Over the phone €315

So the best value is either Campus and you pay online or else Glen Fuels and you pay cash on delivery . Pays to shop around .

If you use code car25 you will get more off with campus. In your example it would be €291.99 for 800L.

bigron2109 · 28-04-2020 5:36pm

homah_7ft wrote: »

If you use code car25 you will get more off with campus. In your example it would be €291.99 for 800L.

Ahh no way. Didn’t know that. Just placed a order using the code I had .

SCOOP 64 · 28-04-2020 6:27pm

Campus wexford gone down today yesterday for 300 lt €144 now €130 with car25 thanks to Hamah 7f €123, reason for 300lt don't think i will get much more in tank, i should have waited i paid €269 for 500lt 3 weeks ago.

kenyard · 28-04-2020 6:34pm

Is this tax coming in on 1st of May still? Carbon tax

Rows Grower · 28-04-2020 7:02pm

kenyard wrote: »

Is this tax coming in on 1st of May still? Carbon tax

Yep, an extra 16 euro per 1,000 litres thanks to the Green party, and that's only this year. We have 10 years of it done and there's another 10 years of it to go.

jt69er · 28-04-2020 10:34pm

380 euro for 1000 lt's Sligo.

Tockman · 29-04-2020 1:59pm

Prices in Limerick dropping..

O'Dwyer Oil 38c Litre. 1000 litres for 380euro

Naughtons Oil 36c Litre. 1000 litres for 360euro

WestWicklow1 · 29-04-2020 2:55pm

MorganIRL wrote: »

Surely that can't be matched or go any lower. That price must be based on ur 3000L purchase. I'd be fighting just to get the whole lot for €1k cash... :-) No harm in asking

3000 litres just delivered €900.00 :eek:

BullBauld · 29-04-2020 3:23pm

Local supplier won't budge to 340 from 360 after telling them I can get further afield for that price.

ingalway · 29-04-2020 3:23pm

I know it's a how long is a piece of string question but do you think it's worth getting 1000 litres now before the carbon tax or would waiting a week or two get even better savings?
Best price I've been quoted is €390.

muffler · 29-04-2020 3:43pm

ingalway wrote: »

I know it's a how long is a piece of string question but do you think it's worth getting 1000 litres now before the carbon tax or would waiting a week or two get even better savings?
Best price I've been quoted is €390.

Its a moot point now Id imagine. The carbon tax applies from friday and between people being aware of that and also the very low prices all the companies are most likely flat out and so you are probably looking at the beginning of the week for a fill.

in saying all that it depends where you're based and maybe the lorry is making a delivery near your place in the next 24 hours.

ingalway · 29-04-2020 3:58pm

muffler wrote: »

Its a moot point now Id imagine. The carbon tax applies from friday and between people being aware of that and also the very low prices all the companies are most likely flat out and so you are probably looking at the beginning of the week for a fill.

in saying all that it depends where you're based and maybe the lorry is making a delivery near your place in the next 24 hours.

I'm not desperate for oil just yet, just wondering if it's worth ordering/paying before Friday or will it keep coming down over the next few weeks.

TimHorton · 29-04-2020 4:05pm

ingalway wrote: »

I'm not desperate for oil just yet, just wondering if it's worth ordering/paying before Friday or will it keep coming down over the next few weeks.

Just got 2 IBC 1000l tanks delivered for 120 - Used once with plastic pallet/metal cage , Have also ordered 2000l to be delivered on Friday for 680 Euro , 1400l tank already full so I will have 3400l of Heating Oil that will last a good while !

jamesbondings · 29-04-2020 4:10pm

mother in law just order 1000l for 270 - great value there. to be fair i am pretty sure she got some discount as her brother works in the industry and he orders for her but even still. Discount wouldnt be massive!

Speak Now · 29-04-2020 4:19pm

muffler wrote: »

Its a moot point now Id imagine. The carbon tax applies from friday and between people being aware of that and also the very low prices all the companies are most likely flat out and so you are probably looking at the beginning of the week for a fill.

in saying all that it depends where you're based and maybe the lorry is making a delivery near your place in the next 24 hours.

That doesn't matter, you get the price on the day you order so you still have until tomorrow.

ballybro · 29-04-2020 4:33pm

jamesbondings wrote: »

mother in law just order 1000l for 270 - great value there. to be fair i am pretty sure she got some discount as her brother works in the industry and he orders for her but even still. Discount wouldnt be massive!

Can you ask the mother in law to put in a few orders for us ðŸ˜€270 for 1000L is some bargain ,has it ever been that cheap before .

Speak Now · 29-04-2020 4:41pm

jamesbondings wrote: »

mother in law just order 1000l for 270 - great value there. to be fair i am pretty sure she got some discount as her brother works in the industry and he orders for her but even still. Discount wouldnt be massive!

Discount looks about 20% at best rates on cheapest oil.

MorganIRL · 29-04-2020 5:09pm

WestWicklow1 wrote: »

3000 litres just delivered €900.00 :eek:

Result... Plus robbery on ur part... Lol...

Rows Grower · 29-04-2020 5:21pm

Speak Now wrote: »

Discount looks about 20% at best rates on cheapest oil.

That must be at least the margin that the distributors are working off so which sounds about right.

Invincible · 29-04-2020 6:46pm

TimHorton wrote: »

Just got 2 IBC 1000l tanks delivered for 120 - Used once with plastic pallet/metal cage , Have also ordered 2000l to be delivered on Friday for 680 Euro , 1400l tank already full so I will have 3400l of Heating Oil that will last a good while !

Do you mind saying where you bought the IBC's please ?
Great value, put in an order with Flynn's this evening @ €340 for 1000 litres.

Delboy5 · 29-04-2020 6:52pm

Collected from yard, 23c a litre..

https://m.facebook.com/story.php?story_fbid=1493246014188818&id=155952251251541&__tn__=*s*s-R

Rows Grower · 29-04-2020 7:02pm

ingalway wrote: »

I know it's a how long is a piece of string question but do you think it's worth getting 1000 litres now before the carbon tax or would waiting a week or two get even better savings?
Best price I've been quoted is €390.

It's a tough call, I've ordered 2,000 litres for tomorrow at 37 cent a litre.

Other counties are a lot cheaper but there is a bit of a cartel operating in Kerry from what I can gather. Having said that it would have been 140 euro dearer 5 days ago and I paid 400 euro for 700 litres about 6 weeks ago.

The carbon tax on Friday will add 16 euro per 1,000 litres and there's not a whole lot more room for prices to drop from where we are.

I personally think waiting for a few weeks for another drop that will negate the carbon tax is a gamble and I'm happy enough to get oil at about half price compared to what I paid last year.

Bonkers.ie is a great site to sign up to for money saving tips, they send out emails once a month. This was sent out today..

https://bonkers.us2.list-manage.com/track/click?u=4f48e7c4e791de8ee29cb90fe&id=7242d2f567&e=1df629d6c5

Darc19 · 29-04-2020 8:42pm

Rows Grower wrote: »

That must be at least the margin that the distributors are working off so which sounds about right.

In fuel they work off cent per litre as their costs don't change with fuel prices.
7-8 c would be normal, so whilst it's about 25% now and sounds great, it's 10% when the price is €750/1000L

And that covers drivers, delivery cost and office staff along with rent, rates etc etc

Refineries are cutting their margins and that's making prices even lower. No sign of any increase coming, so I wouldn't be rushing. The carbon tax will add less than €20 to a full tank

Rows Grower · 29-04-2020 8:49pm

Darc19 wrote: »

In fuel they work off cent per litre as their costs don't change with fuel prices.
7-8 c would be normal, so whilst it's about 25% now and sounds great, it's 10% when the price is €750/1000L

And that covers drivers, delivery cost and office staff along with rent, rates etc etc

Refineries are cutting their margins and that's making prices even lower. No sign of any increase coming, so I wouldn't be rushing. The carbon tax will add less than €20 to a full tank

This makes no sense when talking about a business that's primary cost is in transporting many thousands of tons of product by road on a daily basis.

Grandeeod · 29-04-2020 9:23pm

800 Ls for 290 quid and my tank is filled. Job done today. If the 800 Ls doesn't fit, the oil company have agreed to fill the drums I have with the balance. Happy now that the next winter fuel need is done. One less worry.

Laois.

Ray Donovan · 29-04-2020 9:34pm

I built my house in 2016/2017 and I was as smug as anything putting in an Air to Water heat pump pitying the suckers who were going to get fleeced for oil in years to come.

Joke's on me!!!!! (for the time being)

Darc19 · 29-04-2020 9:37pm

Rows Grower wrote: »

This makes no sense when talking about a business that's primary cost is in transporting many thousands of tons of product by road on a daily basis.

So are you saying that it costs more to deliver oil at 80c per litre than oil at 35c per litre.???

And that other costs including office and administrative and other fixed costs are different depending on the oil prices?

Seriously?

Rows Grower · 29-04-2020 10:18pm

Darc19 wrote: »

So are you saying that it costs more to deliver oil at 80c per litre than oil at 35c per litre.???

And that other costs including office and administrative and other fixed costs are different depending on the oil prices?

Seriously?

Yes.

Darc19 · 29-04-2020 11:26pm

Rows Grower wrote: »

Yes.

Care to explain?

Geuze · 30-04-2020 1:21am

Rows Grower wrote: »

Yep, an extra 16 euro per 1,000 litres thanks to the Green party, and that's only this year.

The GP were not in Govt last year.

M three · 30-04-2020 1:34am

One thing I've learned since the price of oil collapsed is that there is an oil futures market. Am I right in saying that the price of crude oil for june was already agreed upon by producers?
If these prices were publicised or made more easily available all the time wouldnt the consumer have a better insight into what prices were coming down the track for the refined products such as petrol, diesel and kero??

Invincible · 30-04-2020 1:39am

Geuze wrote: »

The GP were not in Govt last year.

No, but they were when carbon tax was introduced initially.

cruizer101 · 30-04-2020 9:21am

Darc19 wrote: »

Care to explain?

I think they might be implying that when transport fuel costs will also vary with general oil prices changes. That said the variation is far less on diesel at the pump than on kerosene, but thats the only correlation I can think of.

Rows Grower · 30-04-2020 9:23am

Darc19 wrote: »

Care to explain?

Sorry, but I don’t have the time, motivation or crayons to explain it to you.

Cape Clear · 30-04-2020 9:29am

Invincible wrote: »

No, but they were when carbon tax was introduced initially.

The Greens were also in government when the usc was introduced are they also responsible for it been still here 3 elections later?

Tockman · 30-04-2020 9:32am

Cosgrave oil in Limerick 34c Litre. 1000 litres for 340euro

Rows Grower · 30-04-2020 10:09am

Cape Clear wrote: »

The Greens were also in government when the usc was introduced are they also responsible for it been still here 3 elections later?

The Greens are a wreckless bunch out of touch with reality, only 7 months ago they were calling for the carbon tax to be doubled.

Rows Grower · 30-04-2020 10:11am

Kellehers in Kerry and Cork just put their price up from 370 to 400.

Invincible · 30-04-2020 10:17am

Rows Grower wrote: »

The Greens are a wreckless bunch out of touch with reality, only 7 months ago they were calling for the carbon tax to be doubled.

I'll add to that our present government are a bunch of lapdogs. Imagine Germany have 25 years to decommission their coal powered plants while Poland are building 8 more this year, but our lads sign up to this carbon reduction straight off ðŸ˜Œ

Geuze · 30-04-2020 10:20am

M three wrote: »

One thing I've learned since the price of oil collapsed is that there is an oil futures market. Am I right in saying that the price of crude oil for june was already agreed upon by producers?
If these prices were publicised or made more easily available all the time wouldnt the consumer have a better insight into what prices were coming down the track for the refined products such as petrol, diesel and kero??

I presume there are futures markets in many commodities.

"Agreed upon by producers" - the spot and futures prices go up and down all the time, they are not set.

OPEC, the oil cartel, tries to change output from its producers to influence the price.

https://www.eia.gov/outlooks/steo/report/prices.php

Geuze · 30-04-2020 10:23am

Rows Grower wrote: »

The Greens are a wreckless bunch out of touch with reality, only 7 months ago they were calling for the carbon tax to be doubled.

"reckless"

I am sympathetic towards environmental concerns, and I favour large increases in carbon taxes, and cuts in income taxes.

However, given the vast increases in emissions from China, I agree that our efforts here are very minor.

Rows Grower · 30-04-2020 10:33am

This link shows the actual live price that Brent Crude Oil is trading at, it's all over the shop in the last ten minutes

http://www.livecharts.co.uk/MarketCharts/brent.php..

Darc19 · 30-04-2020 10:49am

Rows Grower wrote: »

Sorry, but I don’t have the time, motivation or crayons to explain it to you.

That's always the answer of someone that doesn't know.

So a tanker driver and administration staff cost more when oil is more expensive?

Do they get paid higher wages?

I was connected to an independent fuel retailer many years ago that also distributed heating oil and they and every other fuel seller always had a fixed cent (pence back then) they added to the wholesale cost on fuel.

On other goods such as confectionery, it was worked on a margin basis, but fuel has always been a cent per litre addition when calculating the consumer price.

As for current prices, production is being cut back by Russia which is stabilising prices.

Darc19 · 30-04-2020 10:50am

Rows Grower wrote: »

Sorry, but I don’t have the time, motivation or crayons to explain it to you.

That's always the answer of someone that doesn't know.

So a tanker driver and administration staff cost more when oil is more expensive?

Do they get paid higher wages?

I was connected to an independent fuel retailer many years ago that also distributed heating oil and they and every other fuel seller always had a fixed cent (pence back then) they added to the wholesale cost on fuel.

On other goods such as confectionery, it was worked on a margin basis, but fuel has always been a cent per litre addition when calculating the consumer price.

As for current prices, production is being cut back by Russia which is stabilising prices.

Rows Grower · 30-04-2020 10:52am

Corrib Oil just went up by 30 euro to 400 per 1,000 as well.

jt69er · 30-04-2020 11:03am

Most places I rang this morning said prices looked to be on the increase, not counting the carbon tax increase tomorrow. Not sure whether to believe them or not

Rows Grower · 30-04-2020 11:08am

jt69er wrote: »

Most places I rang this morning said prices looked to be on the increase, not counting the carbon tax increase tomorrow. Not sure whether to believe them or not

It's gone up in two different companies in the last hour by double the carbon tax that is due tomorrow.

Very happy I already paid for my 2,000 litres that is being delivered today.

Galego · 30-04-2020 11:23am

Silly question but if you order and pay online today but get delivery in two weeks time. Do they need to honor the price/ltr or they revise it and recalculate as per price at the day of delivery?

Invincible · 30-04-2020 11:29am

Rows Grower wrote: »

Corrib Oil just went up by 30 euro to 400 per 1,000 as well.

I rang Corrib at 10.53 just to check their price.
€380 for 1000 litres from that depot.
They were €400 on 15/4 from another poster here.

Invincible · 30-04-2020 11:31am

Galego wrote: »

Silly question but if you order and pay online today but get delivery in two weeks time. Do they need to honor the price/ltr or they revise it and recalculate as per price at the day of delivery?

You pay today, you get price per litre without tomorrow's carbon tax.
Not your choice that they're not delivering today.

Heating oil big drop

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