Petrol price watch

I.S.T. · 11-12-2008 6:33pm

cbyrne wrote: »

Dont forget to update our petrol alerts page too on http://www.bestgarages.ie :cool:

The more the merrier!

Nice site :-)

I.S.T. · 11-12-2008 6:35pm

Anyone know a site that quotes the price of a barrell of oil?

Bandara · 11-12-2008 6:36pm

Saruman wrote: »

Oh its even less now? Well then, there goes my conspiracy theory Unless of course it was artificially high in 2004 also then i can have my conspiracy.

Oh and no billyhead the fuel at tesco is the same as others. It gets delivered by Statoil. Not sure if thats the case still since statoil are gone but it certainly was until Topaz bought everything with a petrol pump.

Not entirely true, its gets delivered by Statoil via Northern Ireland so the product is completely different source than the rest of the fuel in this country (which is mainly from TOP).

Bandara · 11-12-2008 6:37pm

IrishSpeedTraps wrote: »

Anyone know a site that quotes the price of a barrell of oil?

http://www.platts.com/Oil/Resources/

macnab · 11-12-2008 7:08pm

For your information.

Duty on petrol is 50.88c per litre, VAT at 21.5% is charged on top of that so duty actually costs 61.82c.
Duty on diesel is 36.81c per litre, VAT at 21.5% is charged on top of that so duty actually costs 44.72c.

So a breakdown for unleaded is:

27.46c = net cost per litre
50.88c = Government Duty
16.84c = VAT on (net + Duty)

95.18c = typically what a petrol station is paying for a litre of Unleaded.

P.C. · 11-12-2008 7:27pm

NiSmO wrote: »

This post has been deleted.

Actually, you are very wrong.

101.9 as of 08H30 when I went past.

endplate · 11-12-2008 8:18pm

My impression is forecourts used to make a lot of money from breakfast rolls and food etc. i.e the construction industry, Now if that trade has dropped off would forecourts not want to hold prices up to compensate for loss in revenue?

Just a thought what do ye think?

Bandara · 11-12-2008 9:49pm

macnab wrote: »

For your information.

Duty on petrol is 50.88c per litre, VAT at 21.5% is charged on top of that so duty actually costs 61.82c.
Duty on diesel is 36.81c per litre, VAT at 21.5% is charged on top of that so duty actually costs 44.72c.

So a breakdown for unleaded is:

27.46c = net cost per litre
50.88c = Government Duty
16.84c = VAT on (net + Duty)
95.18c = typically what a petrol station is paying for a litre of Unleaded.

Where did you get these figures?

I have a platts sheet in front of me and you are WAY WAY out

Bandara · 11-12-2008 9:59pm

endplate wrote: »

My impression is forecourts used to make a lot of money from breakfast rolls and food etc. i.e the construction industry, Now if that trade has dropped off would forecourts not want to hold prices up to compensate for loss in revenue?

Just a thought what do ye think?

in some cases yes, in most cases no.

A lot of places are on a per litre retainer. They get a fixed fee per litre sold, so in actual fact the price is irrelevant to them other than them wanting it to be as low as possible as the more they sell the more money they make.

Kinda messes up all the conspiracy theories doesn't it.....

spank_inferno · 12-12-2008 12:14pm

Rathnew Service station, Wicklow - 98.9 cent per litre for unleaded.
Nice to see it below €1 in wicklow (a relatively expensive place to purchase petrol)

L1011 · 12-12-2008 12:17pm

Topaz fuelcard max price is down to 96.57c petrol / 97.13 diesel as of midnight

That must be the first time its actually noticeably below the Dublin average in MONTHS, but its presumably a sign of thinks to come in the next week or so.

Andrewf20 · 12-12-2008 5:59pm

Boom! 96.9 Texaco, Malahide road.

NewApproach · 12-12-2008 8:47pm

No sooner had I shown my regretful agreement at a previous poster who was saying the price of petrol is high in Galway, it is now down to 99.9 in both the Topaz at the end of the Quincentennial bridge and the Esso at Terryland.

About time!!

L1011 · 12-12-2008 8:51pm

97.9 Texaco Foxhunter and Esso Carton Hall on the way home.

I.S.T. · 13-12-2008 1:23am

Hammertime wrote: »

http://www.platts.com/Oil/Resources/

Cool, thanks

JackFrosty · 13-12-2008 9:54pm

tesco clonmel
96.8 petrol
94.8 diesel
why does it cost different prices in different parts of the country

L1011 · 13-12-2008 10:02pm

Distribution costs differ with distance. I'm nearly sure the greatgas.ie (small mostly southern franchise/brand) website had detailed prices once upon a time, but it does currently mention that delivery costs are based on distance...

Local business rates vary
Average retail wages vary
Volumes vary

And so o...