Hard Out Here For A Pump [Updated]

at

Minister for Finance, Paschal Donohoe and the Minister for Transport and the Minister for the Environment, Climate, and Communications, Eamon Ryan this afternoon

Good grief.

This afternoon.

Earlier…

Jaykers.

This morning.

Circle K, Dublin city.

Meanwhile…

Minister for Finance Paschal Donohoe this morning

This morning.

Government Buildings.

Earlier…

This morning.

Via RTE News:

The Cabinet has agreed a cut in excise duty on petrol and diesel.

The reduction will be 20 cent per litre on petrol and 15 cent per litre of diesel.

A cut of 2 cent per litre on green diesel has been agreed.

The reduction will be in place until August 31 and will cost €320 million.

Cabinet approves cuts to excise duty on petrol, diesel (RTE)

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66 thoughts on “Hard Out Here For A Pump [Updated]

  1. SOQ

    So I pulled up at pump 4 yesterday and seen that the person before me had bought €`20 worth of fuel.

    That would just about take them the whole way to… pump 5?

    1. Mick

      Probably sensible in fairness. Just keep yourself topped up until the new price reduction comes in then go back and fill up.

      1. paul

        +1

        We’ll be filling up first chance we get after the reduction kicks in, before the petrol stations start cranking the prices up again.

        1. SB

          Saw some tweets this morning about people’s local petrol stations hiking prices by 20c last night

          1. paul

            plenty of scummy business practices going around. The petrol in the tanks is bought at price A and sold at price B which is fine, profit must be made, but when the tanks haven’t emptied then price A hasn’t changed but price B soars, it’s horrible.

          2. Ben Madigan

            Saw diesel at €2 yesterday and €2.15 today… reduction already wiped out before it’s been introduced… gouging plain and simple.

          3. Termagant

            On the other hand Paul – they need to make enough money off the tank of fuel they bought when A was low to buy more when that tank empties. If they usually buy the fuel at say 1.50 a litre and sell it at 1.70, they’ll take a hit restocking if the buy price is now 2.00, which they might not be able to make back if that restock happens right before the government reduce the price and now they’re competing against people who only had to pay 1.80

  2. Paulus

    There’s a chance that my poor carburettor
    Might seize-up before things get better
    For want of the lotion
    That keeps me in motion
    At a cost that will make me a debtor :(

  3. goldenbrown

    we’re on a full tank strategy now
    nothing to do with price
    it’s the probable supply bumps that we’re thinking about

    1. E'Matty

      Yes, maintain a full tank whatever the cost at the moment. Those waiting for the price drop post reduction in excise may find that drop has been swallowed up by ever increasing price rises in the coming days. Fuel to be much more expensive for the foreseeable future by the looks of it. I maintain a full tank to enable my planned escape to my hunker down location which I’ve prepped with supplies for 2 years self sufficient living for the family (7 ppl in total). Also have seeds and similar to start growing supplemental good and look at longer term self sufficiency. There were some who scoffed at such preparations….

      1. Johnny

        Fair enough just for laughs and giggles what’s in your seed bank then and what growing method have you planned for – indoors/outdoors/ greenhouse ?

    1. E'Matty

      Hehe, until of course the grid goes down. Diesel and petrol hoarders will remain mobile. Electric cars, not so much.

      1. Janet, dreams of an alternate universe

        tbh only use it once a week to see the folks, I prefer to walk for daily stuff

  4. Jonner

    reduction is in consideration of likely future price hikes too!

    looking forward to the luxobarge bargains that will be on offer over the next few months

  5. Niall

    Will it “cost” €320m or will the govt not just get a presumably unforecasted €320m bump?

    1. Cian

      It will cost €320m; as in the amount of duty for petrol/diesel will be 320m less than expected (if the same amount of fuel is sold).

      Saying that, VAT receipts should be up – specifically the VAT made on petrol/diesel – not by 320m, but substantially.

  6. Daisy Chainsaw

    Got a fill Monday for 1.88 which, under normal circumstances, would be eye wateringly expensive. Tuesday morning it had jumped to 2.01.

    I wonder will rationing be introduced like it was in the 70’s.

  7. Ronan

    Took a new job within walking/1xbus distance recently as part of a life’s too short to commute to a poor work-life balance job epiphany during the pandemic. I now use about 20l diesel per month so my fuel bill has gone up about 10 euro because I live within a ’15 minute city’ distance of work and town.

    I have colleagues though who need a tank every week/fortnight and it’s no joke. Ultimately we have to reflect on this as we demand and allow commuter patterns to build up around suburban and commuter town living, not to mention car-dependent IDA business and technology parks built in fields around commuter/dormitory towns.

    To put this in context, that 300m is about the entire turnover of bus eireann. The money could be used to subvent buses from all over the place to employment centres and/or distributed via companies for free taxsaver tickets for public transport. Instead we do the populist thing of appearing to help the hard pressed driver, and in the end only make a small dent in trying to help everyone.

    Let drivers pay for their choices and dependence on oil prices for self-propelled commuting, and invest in public subvention of a working transport system to reduce car dependency long term.

    1. benblack

      But, but, but…

      Walking, or any physical human exercise, increases breathing rates which will, inevitably, lead to an increase in carbon dioxide – which is a greenhouse gas – emissions.

      Walk less, or slowly – save the planet from toxic greenhouse gases.

      Prosecute marathon runners and other carbon dioxide polluting athletes.

      Ban cyclists.

      We only have one planet and we must look after it for future generations.

      1. Nigel

        Y’know, I’m beginning to think they’ll actually do these things long before they do anything about fossil fuels.

          1. Janet, dreams of an alternate universe

            I have hung up my riding boots Ben, entered my last rodeo, broken my last beast

    2. AssPants

      Tell me, what bus could I get from D2 to Oldcastle Co Meath everyday.

      I need to be at my desk before 7am.

      If there is a bus within walking distance of my house to Merrion Square I will be on it, as I am tired of paying circa €250 a week in road fuel and another €80 in tolls.

      You must be feeling the strain on the extra outlay of €10; I don’t how some people manage.

      Your message is so contrary it’s funny.

      In one paragraph you appear to sympathise with your colleague commuters and point the finger at bad planning, then you close out with “let them pay”….. hilarious.

  8. Nigel

    Look don’t worry, I know it’s hard, but it’s worth the sacrifice so long as fossil fuel companies keep making massive profits and raking in government subsidies.

    1. Zaccone

      His recommendation to drive slower is completely scientifically valid though.

      Driving at 80km/h instead of 120km/h reduces fuel consumption to cover the same distance by anywhere from 30-50% depending on your car.

      If you’re not in a rush, or money’s tight, there are huge savings to be made by driving slower on motorways.

        1. paddy apathy

          We could dust off and start wearing the covid face masks again, that stops us breathing properly, according to some.

          1. benblack

            No, I’d rather people step back from the media driven hysteria, take a deep breath before they panic and get on living real lives that are based in reality and not some pseudoreality concocted by intelligence services worldwide for control purposes.

          2. ce

            “get on living real lives that are based in reality and not some pseudoreality concocted by intelligence services worldwide for control purposes.”… dear god…

          3. Steph Pinker

            Breathing less works very well for siphoning fuel through a pipe, especially as one can suck as well; so it has its benefits *and* we all share a fraction of Communism, socialism and other isms.

          4. Steph Pinker

            BB: firstly, I miss the old *you* who used to enjoy a laugh; secondly, I prefer working with animals, however, people and their personalities are also necessary in the cycle of life; thirdly, I make and take my own decisions with minimal interference or influence in every aspect of life – which includes posting comments on BS.

            Welcome back though.

          5. Steph Pinker

            Believe me Nigel, it’s the lads who knick it off us who recycle it more than I – and I wouldn’t class them as voters, much less Green Party aficionados.

          6. benblack

            @Steph

            My ‘Don’t spare the horses, Steph’ comment was an attempt at humour! I acknowlege, however, I’m no Volodymyr Zelenskyy.

            @Nigel

            Recycling is always preferred to deflection – like a mirror is to smoke.

      1. ce

        +1
        Yes – large scale war on, which massively complicates our over dependence on fossil fuels, particularly those that come from one of the main belligerents…

        Man who nobody likes says something sensible…

        Everybody want said man hung because obviously it’s his fault…

      2. GiggidyGoo

        The last fuel crisis, there was a 50mph speed limit introduced with the specific intention to save petrol.

  9. GiggidyGoo

    The fuel you’re buying today was bought by the fuel companies long before the Ukranian crisis. Increases should only really have occurred when those supplies were exhausted. But no – always ready to scam are the oil companies. Once the crisis goes, will the fuel costs reduce immediately? Not on your high nellie

    1. Oro

      Not standing up for the fuel companies, but you’d base your price not only on what you paid for a stock item but also how much it will cost you to replace said stock item. It’s fairly standard practice in……every single industry that trades goods.

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