Home heating oil prices for June, 2010

It may be the longest day of the year but having oil in the tank to heat your home during the inevitable  shorter and colder days can’t be forgotten about. Since our last oil price check in April, the carbon tax for home heating kerosene kicked in at the start of May. This added an extra €43 to the cost of 1000 litres of kerosene.

However, even with the introduction of this tax and accounting for the rising oil prices, there has been a dramatic change in the oil prices per supplier. In fact, it’s quite an eye opener.

The most expensive supplier on June 21, 2010 for delivery to Mullingar town  is Flynn Fuels (€740) and the least expensive is McGee Oil (€620) for 1000 litres of kerosene; a whopping €120 difference between the two. In this chart below, the April 1st prices are in blue and the June 21st prices are displayed in red.
Comparison of April and June oil prices by supplier

Even accounting for the carbon tax on home heating oil and rising oil prices, we noticed wide variations in price increases by supplier between the period April 1 and June 21, 2010.  As shown in the chart below, for 1000 litres of kerosene, Flynn Fuels increased their price by €140 whereas McGee oil raised their price by just €20; not even enough to cover the carbon tax.

*No updated information for Topaz Energy was available  – they didn’t answer the phone despite multiple attempts.

Price differences by supplier between April 1 and June 21, 2010

*No information for Topaz Energy was available  – they didn’t answer the phone despite multiple attempts.

As before, the prices quoted above should be considered valid for June 21, 2010 for delivery to Mullingar only and were based on the best cash or credit card price quoted. In this case, no differences between cash and credit card payment were noted.

If any supplier wishes to revise their prices downward, we welcome them to contact us at info [at] ashefield.com and we’ll note it here.

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