Unleaded petrol up by three cents, diesel down
Enemalta yesterday announced a rise in the price of unleaded petrol and a drop in that of diesel.
As from today, a litre of unleaded petrol will cost €1.41, a three cents increase on the former price of €1.38 per litre.
The cost of diesel goes down by four cents from €1.34 to €1.30 per litre. Kerosene also costs four cents less per litre. Enemalta said the maximum retail prices reflected the prices of the latest shipments of imported fuel as well as the increase in petrol stations’ maximum retail mark-up as approved by the Malta Resources Authority.
It recalled that there had been no consignments of unleaded in April and this had left the price of unleaded petrol unchanged despite increases in the market.
Meanwhile, the MRA raised the maximum price of gas cylinders by 20c although the suppliers have not yet announced an increase.
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Peter Aquilina
Jun 1st 2011, 19:25
"The cost of diesel goes down by four cents from €1.34 to €1.30 per litre"
Very encouraging to start using the bus service from the 3rd of July.
Peter Aquilina
Jun 1st 2011, 17:49
"The cost of diesel goes down by four cents from €1.34 to €1.30 per litre."
Indeed a nice welcoming gift with the introduction of Arriva Buses & Co. !!
Mr mike Knight
Jun 1st 2011, 13:47
I tell you what the price of petrol in Malta is now not much lower then the Netherlands or Sweden. and for the measly wages you people earn it works out much higher as in the Netherlands and Sweden the salary is 4 times as much plus perks as extra and a month's holiday salary included on top.. i think i am now in the wrong country! still it don't effect most of us ex-pats as our wages comes from abroad at a higher rate of what you locals earn in a year.
Mr M Briffa Viva malta
Jun 1st 2011, 22:59
Yeah man go and tell that to our Government and all his disciples.
Mr Pawlu Agius
Jun 1st 2011, 09:05
Such increase are peanuts and appear high becuase we are using Euros, in the old maltese liri they would be less than half. It is good to compare with the price increase of Electricity which brought a drastic drop in consumption. However not the same can be said on car traffic which has remained the norm, meaning that it is still very cheap to use the car just to go shopping round the next corner. The number of cars on the road also continues to increase year after year.
Increasing fuel prices is like the Vat tax system: it penalizes the rich which can afford using the car instead of the public transport, instead of cycling or walking, and who don't care about the pollution they cause to the environment with their car emissions, the health problems associated with pollution, and the damage to buildings and roads. Tthe authorities should instead increase fuel prices further to offset having to pay for car licences which are unjust (I who use the bicycle have to pay car licence to use the car for just about 10 times per year). It also seems the authorities are encouraging the trend of fitting engines to bicycles (we cyclists refer to mopeds owners as "l-iffemminati") because fuel is in fact still very cheap.
Mr J Galea
Jun 1st 2011, 11:13
If the fuel is so cheap why don't you start using your car for everyday use? You will also be doing your lungs a favor by reducing large volumes of Carbon monoxide poisoning per year ,by the cause of cycling behind vehicles for longer hours than you should take by driving your car.
And the best benefit from all this is ,that you will live a lot longer by inhaling less poisonous gases.
Mr Leonard Brincat
Jun 1st 2011, 11:14
Mur Konsulent mal Prim Ministru
Mid dehra ghadek paga tajba int mhux bhall hafna jew inkella stordut biex qed tirraguna b'dan il mod
J Hili
Jun 1st 2011, 11:28
40 euro to fill up half tank + 11 euro pro boost because the petrol is rubbish ......come on in what country r we living in .....and what boders me more we r filled with gas .....why we dint dig again ???
Mr Tony Camilleri
Jun 1st 2011, 12:57
Are you living on this planet Pawlu?
DO you know that previously prices were given in GALLONS but are now given in LITRES?
You know WHY Pawlu?
Because you have 4.54 LITRES to the GALLON and it looks much less in LITRES than in GALLONS.
Mr Tony Camilleri
Jun 1st 2011, 13:01
J Hili you are perfectly correct.
We are getting rubbish fuel.
How many times is it tested when it is brought to Malta and at the petrol stations?
How many times are petrol stations checked to see that we really get what the pump states?
Rumors have been going round for far too long that the authorities know that we are being shortchanged in the amount of fuel by at least 10% and at some petrol stations more, but they have done nothing about it.
WHY?
Are any SURPRISE inspections done to check these matters?
If not WHY?
Mr Albert Bezzina
Jun 1st 2011, 23:51
Cycling and walking instead of using the car is commendable but Pawlu, do you really believe that everybody, in all situations and all year round can walk or cycle everywhere - maybe in an ideal world.
The real cost of energy has to be paid by the user. As you have pointed out, putting a realistic cost on water and electricity brought consumption down. The problem is that it had been subsidised for so long that the electricity division of Enemalta has accumulated hundreds of millions of Euros in debts. Rather than making the actual consumers pay for there freebies of the past which would have cost a lot of political backlash, the price of automotive fuel is being inflated above actual purchase price to give Enemalta extra income. With the excuse of rising fuel costs and the convenience of avoiding publishing the actual contracts for automotive fuel delivery, Enemalta is stealthily skimming of scores of millions of Euros to pay its debts with little political backlash for the Party in Government.
Putting a high price on automotive fuel is a way of incentivising efficient use of cars. The problem is that Government has made the cost of cars so high that it becomes relatively more expensive per kilometre the less one uses his car.
I wonder what Pawlu's water and electricity consumption is, maybe he is happy that motorists are paying half the real cost of his current and past W & E usage.