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Irish fuel prices vs Continental Europe

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  • 03-06-2008 5:49pm
    #1
    ismynametoolong
    Closed Accounts Posts: 271 ✭✭


    Travelling across continental Europe France , Belgium and Germany last week I was amazed that the fuel prices there did not appear to have risen as sharply as they have in our neck of the woods . I noticed that Europe always had dearer fuel than Ireland between 20 and 30 cent a litre more, over the last 3 years as a lot of European countries collected tax on fuel usage.
    Now that we are the same price or more expensive than main land Europe is this proof of profiteering by Irish retailers in preparation for the CO2 tax changes in July.


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    #2
    I.S.T.
    Registered Users Posts: 893 ✭✭✭I.S.T.


    ismynametoolong wrote: »
    Travelling across continental Europe France , Belgium and Germany last week I was amazed that the fuel prices there did not appear to have risen as sharply as they have in our neck of the woods . I noticed that Europe always had dearer fuel than Ireland between 20 and 30 cent a litre more, over the last 3 years as a lot of European countries collected tax on fuel usage.
    Now that we are the same price or more expensive than main land Europe is this proof of profiteering by Irish retailers in preparation for the CO2 tax changes in July.
    In the UK the price is up around 1.17p a litre, that works out around 1.50c/litre. A year ago it was around the 99p mark. So we are not the most expensive.


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    #3
    Scottie99
    Registered Users Posts: 1,250 ✭✭✭Scottie99


    IrishSpeedTraps wrote: »
    In the UK the price is up around 1.17p a litre, that works out around 1.50c/litre. A year ago it was around the 99p mark. So we are not the most expensive.

    I agree and your £1.50 is only because today's exchange rate. Six months ago it would have worked out at around £1.70:eek:

    Lets hope they invent an everyday production car that runs on air! Although they would tax us on that!

    I don't know about the rest of Europe but VAT is very high here and will close the gap on other countries


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    #4
    Bee
    Closed Accounts Posts: 430 ✭✭Bee


    ismynametoolong wrote: »
    Travelling across continental Europe France , Belgium and Germany last week I was amazed that the fuel prices there did not appear to have risen as sharply as they have in our neck of the woods . I noticed that Europe always had dearer fuel than Ireland between 20 and 30 cent a litre more, over the last 3 years as a lot of European countries collected tax on fuel usage.
    Now that we are the same price or more expensive than main land Europe is this proof of profiteering by Irish retailers in preparation for the CO2 tax changes in July.

    Rememember the major difference in Diesel vs Petrol in Ireland is because of the eejit Min for Environuts, Johnny Gormless, blunders in setting up the new VRT changes that favor Diesel engines. The Petrol companies are taking advantage of the switch to diesel

    Sorry this is not formatted to well but I have posted a link to the AA Ireland site for prices

    From the AA site
    http://www.aaireland.ie/petrolprices/

    Irish Petrol Prices : May 2008

    Surveyed in May (avg. retail price per litre)

    Unleaded Diesel Super Unleaded LRP*
    124.9c 132.4c c
    c

    International Petrol Prices : February 2008

    Surveyed in February (avg. retail price per litre)

    Euro Zone Price Comparisons

    Country Unleaded Diesel
    Austria 1.169 1.143
    Belgium 1.440 1.151
    Finland 1.406 1.202
    Germany 1.368 1.257
    Greece 1.077 1.089
    Netherlands 1.535 1.223
    Italy 1.370 1.344
    Luxembourg 1.154 1.016
    Spain 1.083 1.039
    France 1.323 1.176
    Portugal 1.369 1.174
    Slovenia 1.022 1.030


    International Price Comparisons

    Local Currency per litre Euro Cent per litre
    Country Currency Unleaded Diesel Unleaded Diesel
    Sweden Swedish Krona 12.49 12.64 1.345 1.361
    Estonia Kroons 15.20 16.60 0.971 1.061
    Latvia Lats 0.687 0.704 0.979 1.004
    Lithuania Litas 3.53 3.60 1.022 1.043
    Slovakia Koroan 38.94 40.85 1.183 1.241
    Switzerland Swiss Franc 1.74 1.89 1.084 1.178
    GB Sterling 1.039 1.091 1.388 1.457
    USA* US Dollars 0.7921 0.87 0.538 0.591
    Northern Ireland Pound Sterling 1.05 1.099 1.395 1.46
    Norway Norwegian Krone 12.25 11.94 1.548 1.509
    Poland Zloty 4.28 3.99 1.173 1.094
    Hungary Forint 293.0 297.0 1.195 1.211
    Czech Republic Czech Koruna 30.30 30.60 1.137 1.148
    Denmark Danish Krone 10.54 9.82 1.414 1.318


    * Fuel in the USA is sold in US gallons. 1 US gallon = 3.8 litres


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    #5
    Cionád
    Registered Users Posts: 2,000 ✭✭✭Cionád


    Bee wrote: »
    Rememember the major difference in Diesel vs Petrol in Ireland is because of the eejit Min for Environuts, Johnny Gormless, blunders in setting up the new VRT changes that favor Diesel engines. The Petrol companies are taking advantage of the switch to diesel

    Sorry this is not formatted to well but I have posted a link to the AA Ireland site for prices

    From the AA site
    http://www.aaireland.ie/petrolprices/

    Irish Petrol Prices : May 2008

    Surveyed in May (avg. retail price per litre)

    Unleaded Diesel Super Unleaded LRP*
    124.9c 132.4c c
    c

    International Petrol Prices : February 2008

    Surveyed in February (avg. retail price per litre)

    Euro Zone Price Comparisons

    Country Unleaded Diesel
    Austria 1.169 1.143
    Belgium 1.440 1.151
    Finland 1.406 1.202
    Germany 1.368 1.257
    Greece 1.077 1.089
    Netherlands 1.535 1.223
    Italy 1.370 1.344
    Luxembourg 1.154 1.016
    Spain 1.083 1.039
    France 1.323 1.176
    Portugal 1.369 1.174
    Slovenia 1.022 1.030


    International Price Comparisons

    Local Currency per litre Euro Cent per litre
    Country Currency Unleaded Diesel Unleaded Diesel
    Sweden Swedish Krona 12.49 12.64 1.345 1.361
    Estonia Kroons 15.20 16.60 0.971 1.061
    Latvia Lats 0.687 0.704 0.979 1.004
    Lithuania Litas 3.53 3.60 1.022 1.043
    Slovakia Koroan 38.94 40.85 1.183 1.241
    Switzerland Swiss Franc 1.74 1.89 1.084 1.178
    GB Sterling 1.039 1.091 1.388 1.457
    USA* US Dollars 0.7921 0.87 0.538 0.591
    Northern Ireland Pound Sterling 1.05 1.099 1.395 1.46
    Norway Norwegian Krone 12.25 11.94 1.548 1.509
    Poland Zloty 4.28 3.99 1.173 1.094
    Hungary Forint 293.0 297.0 1.195 1.211
    Czech Republic Czech Koruna 30.30 30.60 1.137 1.148
    Denmark Danish Krone 10.54 9.82 1.414 1.318


    * Fuel in the USA is sold in US gallons. 1 US gallon = 3.8 litres

    There is a three month gap between the European comparisons with the Irish. In February, the Irish averages were 116.9c / 117.5c for Petrol/Diesel respectively.

    In February for example in France, the average Diesel price was 117.6, similar to here. I was in France last week and cheapest I found was at a supermarket at 138.9, and the dearest on motorway a good bit more.

    The rise in prices is effecting the whole of Europe, and there has been much in the way of protests from Truckers/Fishermen etc from all over Europe.

    http://news.bbc.co.uk/2/hi/uk_news/england/cornwall/7432778.stm
    http://uk.reuters.com/article/oilRpt/idUKL0380228720080603

    The good news is that oil prices have slipped back slightly due to economic concerns, however we are unlikely to see world fuel prices come down by much ever again.


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