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Heating oil big drop

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Comments

  • #1592
    slimshady007
    Registered Users Posts: 726 ✭✭✭slimshady007


    Bit the bullet and ordered 500l for €625 with Topoil (thanks whoever gave the discount code). Annoyed I didn't do it earlier in the week like some others here who got it for €610.



  • #1593
    Gusser09
    Registered Users, Registered Users 2 Posts: 7,668 ✭✭✭Gusser09


    €389 for 300 liters local fuels Kildare.


    Still dropping steadily.



  • #1594
    Bobeagleburger
    Registered Users, Registered Users 2 Posts: 45,678 ✭✭✭✭Bobeagleburger


    Barrel of oil price tumbling again today. Serious fears of a global recession. Currently $86 a barrel. It was last this price back in December /January I think



  • #1595
    obi604
    Registered Users Posts: 5,659 ✭✭✭obi604


    https://www.boards.ie/discussion/comment/119655703#Comment_119655703


    bit dramatic? barrel price could be up again next week



  • #1596
    SuperBowserWorld
    Registered Users, Registered Users 2 Posts: 7,328 ✭✭✭SuperBowserWorld


    Oil exports from Russia by sea being banned by the EU by end of year. Also, Russia can just stop exporting anytime. So anything could happen.

    Best to give this guy a call ...

    JR-ewing.jpeg




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  • #1597
    SuperBowserWorld
    Registered Users, Registered Users 2 Posts: 7,328 ✭✭✭SuperBowserWorld


    He knows how to heat all those Southforks around the country too 😂



  • #1598
    wassie
    Registered Users, Registered Users 2 Posts: 3,599 ✭✭✭wassie


    I'm hoping to wake up and realise the price rises over the last two years were all a dream....



  • #1599
    walterking
    Registered Users, Registered Users 2 Posts: 1,297 ✭✭✭walterking


    https://www.boards.ie/discussion/comment/119655703#Comment_119655703

    Dollar at 0.96.

    That rate gets applied to the oil price AND the refining price.

    So Brent crude is just over €90 - about the same as last week when the dollar was just over €1

    Refining slightly up and heading back to $50 (€52)

    In euro terms the cost per litre before any tax (carbon and vat) and distribution is just over 88c

    So slightly higher in net euro term



  • #1600
    listermint
    Registered Users, Registered Users 2 Posts: 34,064 ✭✭✭✭listermint


    Paid 608 for 500 ltrs kero. Burke oil or Kennys Fuel. No coupons.

    Certa was 625 Monday for same volume and was 675 last night.


    Bought from Kenny's, I'd assume that's the bottom of the current market and it will race back up.



  • #1601
    Red Silurian
    Registered Users, Registered Users 2 Posts: 9,508 ✭✭✭Red Silurian


    Bit the bullet on corrib oil yesterday, €625 for 500L



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  • #1602
    obi604
    Registered Users Posts: 5,659 ✭✭✭obi604


    When is the new carbon tax being applied?

    I guess this will wipe out any drops when applied.



  • #1603
    horse7
    Registered Users, Registered Users 2 Posts: 3,754 ✭✭✭horse7


    Think the Nora has been frozen in the budget.



  • #1604
    Helium
    Registered Users, Registered Users 2 Posts: 364 ✭✭Helium


    Just got 500L for €598 from Certa, formerly Campus oil and others. Code WRK30 brings it down from €613



  • #1605
    Quackster
    Moderators, Regional South Moderators Posts: 5,829 Mod ✭✭✭✭Quackster


    https://www.boards.ie/discussion/comment/119674922#Comment_119674922

    There's no NORA levy on home heating oils.

    The carbon tax increase on fossil home heating fuels is normally applied on May 1st of the following year.



  • #1606
    TheWonderLlama
    Registered Users Posts: 616 ✭✭✭TheWonderLlama


    Their website is utterly dogshite. Managed to get an order in after a few attempts. Cheers for the code.



  • #1607
    jkforde
    Registered Users, Registered Users 2 Posts: 2,005 ✭✭✭jkforde


    Anyone in Galway beating RightPriceOil at €1219 for 1000l kero? source oilprices.ie

    🌦️ 6.7kwp, 45°, SSW, mid-Galway 🌦️

    "Since I no longer expect anything from mankind except madness, meanness, and mendacity; egotism, cowardice, and self-delusion, I have stopped being a misanthrope." Irving Layton



  • #1608
    JPA
    Registered Users, Registered Users 2 Posts: 13,781 ✭✭✭✭JPA


    https://www.boards.ie/discussion/comment/119675579#Comment_119675579

    What county? I am not seeing that price.



  • #1609
    listermint
    Registered Users, Registered Users 2 Posts: 34,064 ✭✭✭✭listermint


    https://www.boards.ie/discussion/comment/119678179#Comment_119678179

    Certa all over the shop. Was 675 yesterday night . Wicklow. Now it's the above price with a discount applied 598



  • #1610
    honda boi
    Registered Users, Registered Users 2 Posts: 1,737 ✭✭✭honda boi


    https://www.boards.ie/discussion/comment/119678348#Comment_119678348

    Ye was under 600€ for 500itres for me yesterday.

    Up to €610 today so I bit the bullet as prices are increasing again



  • #1611
    Red Silurian
    Registered Users, Registered Users 2 Posts: 9,508 ✭✭✭Red Silurian


    https://www.boards.ie/discussion/comment/119674781#Comment_119674781

    There was no carbon tax announced for home heating oil that I'm aware of



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  • #1612
    Buffman
    Registered Users, Registered Users 2 Posts: 2,826 ✭✭✭Buffman


    https://www.boards.ie/discussion/comment/119674922#Comment_119674922

    He left it a bit ambiguous in his speech, he didn't say if the NORA levy is being reduced to 0 for everything or just motor petrol and diesel.

    His speech:

    "Carbon Tax

    The rate per tonne of carbon dioxide emitted for petrol and diesel will go up from €41 to €48.50 from 12 October as per the trajectory set out in the Finance Act 2020.

    This will mean that there will be an increase of just over two cent VAT inclusive per litre of petrol and diesel.

    However, I also recognise the sharp cost of living challenges currently being faced by society, so the government is therefore proposing to offset this carbon tax increase with a reduction to zero of the National Oil Reserves Agency (NORA) levy.

    The NORA levy which is collected at a rate of 2 cent per litre (VAT exclusive) will help offset the carbon tax increase which means that the price at the pump will not go up as a result of taxes or levies"

    FYI, if you move to a 'smart' meter electricity plan, you CAN'T move back to a non-smart plan.

    You don't have to take a 'smart' meter if you don't want one, opt-out is available.

    Buy drinks in 3L or bigger plastic bottles or glass bottles to avoid the DRS fee.



  • #1613
    bigron2109
    Registered Users Posts: 1,730 ✭✭✭bigron2109


    Bit the bullet and ordered 300 litres for €379 in Wexford today.



  • #1614
    Red Silurian
    Registered Users, Registered Users 2 Posts: 9,508 ✭✭✭Red Silurian


    https://www.boards.ie/discussion/comment/119680634#Comment_119680634

    I think it's just Petrol and Diesel



  • #1615
    Buffman
    Registered Users, Registered Users 2 Posts: 2,826 ✭✭✭Buffman


    https://www.boards.ie/discussion/comment/119680542#Comment_119680542

    I just saw this on https://www.citizensinformation.ie/en/money_and_tax/tax/motor_carbon_other_taxes/carbon_tax.html so presumably that includes home heating oil going up on 1st May next and no corresponding reduction in NORA levy.

    "Budget 2023

    It was announced that Carbon Tax will increase by €7.50 per tonne of carbon dioxide emitted, from €41.00 to €48.50. This applies from 12 October 2022 for auto fuels but will be offset by a levy reduction so that it will not result in a price increase. For all other fuels, the carbon tax will increase from 1 May 2023."

    FYI, if you move to a 'smart' meter electricity plan, you CAN'T move back to a non-smart plan.

    You don't have to take a 'smart' meter if you don't want one, opt-out is available.

    Buy drinks in 3L or bigger plastic bottles or glass bottles to avoid the DRS fee.



  • #1616
    seanin4711
    Registered Users, Registered Users 2 Posts: 3,159 ✭✭✭seanin4711


    https://www.boards.ie/discussion/comment/119655703#Comment_119655703

    serious profiteering by oil companies and governments so!



  • #1617
    tech
    Registered Users, Registered Users 2 Posts: 2,843 ✭✭✭tech


    are we looking at prices coming down anytime soon ?



  • #1618
    Glebee
    Registered Users, Registered Users 2 Posts: 6,666 ✭✭✭Glebee


    They have been dropping slowly for the last month but cant see them ever going back to what they were.



  • #1619
    Gusser09
    Registered Users, Registered Users 2 Posts: 7,668 ✭✭✭Gusser09


    I'd imagine the best we can hope for is €1 euro per litre.



  • #1620
    screamer
    Registered Users, Registered Users 2 Posts: 6,169 ✭✭✭screamer


    There’s a few more cent to go for oil drops yet. But I would think that demand will start rising which may well negate or even push prices the other way. I’m going to order in the next 3 days and take my chances.



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