Petrol vs Diesel Prices

TheBigEvil · 08-11-2007 8:50am #1

Don't know if this was ever posted before, apologies if it was......but can anyone explain the pricing of petrol and diesel in filling stations.

A couple of weeks ago when Petrol was about €1.09 or there abouts, Diesel was selling for €1.05/€1.06. Where petrol prices were dropping, there was about a 4/5cent difference between petrol/diesel.

But now prices have jumped to €1.16 for petrol (and rising), the diesel price is the same.

Why when the price of petrol jumps, does the diesel price suddenly become the same? Why isn't that 4/5cent difference kept? Is this more profiteering by the filling stations or is there a proper explanation?

fletch · 08-11-2007 9:08am

I "think" they subsidise the cost of petrol by increasing the price of diesel slightly.

kluivert · 08-11-2007 11:26am

Home heating oil is basicly diesel, and coming into the winter, you have loads and loads of amercians needing oil for their homes, therefore the cost of diesel will increase.

As a barrel of oil has hit too record highs, both petrol and diesel will increase.

Yesterday, I travelled from Carrickmacross - Salthill and back again on the same day. I filled up in Carrickmacross at 1.13 for petrol, I couldnt believe as I drove to Galway petrol increases increase in the midlands to 1.28 in one station for petrol.

Now the question should be, how come there's a huge difference, ok economies of scale come into it, but by that much?

Its going to be a long winter, get the train or bus if you can.

TheBigEvil · 08-11-2007 11:55am

Yea, there are some mad price differences out there. Some of the prices are just complete pi**takes.

Wish I could take the Bus or Train, but unfortunately car is a necessity not a luxury for me (are you listening messers Ahern and Cowen????).

My question was pointed at the fact that the price gap seen between petrol and diesel, when the prices are a bit lower is not maintained when the prices go up.....very strange indeed.

With price rising fast, and no sign of going the other way, this is gonna have a big impact on the country.........a bumpy time ahead for all...........or the government could take it upon themselves to reduce the excise duty by 10/15 cent per litre (:rolleyes::rolleyes::rolleyes:) as an emergency measure, to keep the auld economy on track!

Snarler · 08-11-2007 12:12pm

Yesterday, I travelled from Carrickmacross - Salthill and back again on the same day. I filled up in Carrickmacross at 1.13 for petrol, I couldnt believe as I drove to Galway petrol increases increase in the midlands to 1.28 in one station for petrol.

There is a price cartel in Galway and its well known locally.

yop · 09-11-2007 11:08am

Sure is, paid 1.09 in Castlebar yesterday for my diesel, then onto Galway, 1.20 for Diesel in the same supplier, both StatOils! Someone is pulling the piss