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Higher fuel prices come into force

Enemalta has announced a 1c per litre increase in the price of unleaded petrol and a 2c per litre rise for diesel, kerosene and gasoil, inclusive of the duty increase announced in the Budget last Wednesday.  

 

Product

Previous Maximum Retail Price

Revised Maximum Retail Price post 2013 Budget

Revised Maximum Retail Price pre 2013 Budget

Net Change

Unleaded

€1.51

€1.52

€1.50

€0.01

Diesel

€1.38

€1.40

€1.38

€0.02

Kerosene

€1.38

€1.40

€1.38

€0.02

Gasoil for heating

€1.05

€1.07

€1.05

€0.02

 

Unleaded now costs €1.52 and diesel and kerosene €1.40.

Enemalta explained that a 1c decrease in the price of unleaded fuel had been calculated before the 2c increase in duty announced in the Budget.

It said that during November, ICE Brent crude prices marginally fell by 1.8% over October prices. Over the past six weeks Brent crude oil movements were mostly without direction, and prices generally traded between a range of $108/bbl to $111/bbl at some point on every trading day, Enemalta said.

According to Barclays Capital, this long period of sideways trading can been largely explained by the market being caught between macroeconomic fears and sovereign debt concerns on the one hand and geopolitical concerns and tight prompt markets on the other hand. The oil market is expected to keep on moving through the present phase, staying close to $111 per barrel, until one of the above mentioned forces comes back into focus.

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R. Balzan

Dec 3rd 2012, 12:39

Ghax l-ghazla taht dan il-gvern sfortunatament hija jew tberbaq flusek u tuza l-lkarozza tieghek, jew therri ruhek u gismek u tuza l-Arriva. Ahjar Hobson ghax kellu ghazla ahjar.

R Zammit

Dec 3rd 2012, 17:34

xi trid tghid ezatt????li ghandi immur bir rota ix xoghol minn fuq ta malta ghal isfel???

Jean Paul Micallef

Dec 3rd 2012, 12:48

Lejburisti .....thobb taqla go fik milli jidher...

Alfred Vassallo

Dec 3rd 2012, 11:50

U kieku kien tal ''Lejber'' fil gvern X'kontu tejdu......No need to answer we know what would have been said!!

C. Bartoli

Dec 3rd 2012, 13:14

With €88 per month for 5 years without a government grant one can invest in PV and solar water heater and if they don't have a roof they can buy a heat pump. The fuel will keep on rising on so will gas a kerosene, no matter who will be in power.

Mario Camilleri

Dec 4th 2012, 09:58

Dear C Bartolo,
Please do share with us those who are very generous in giving away solar panels and solar water heaters with a monthly installment of a mere €88 and without a gov grant so you said. Therefore by your reasoning, with the grant, one would only pay €40/50 per month.....mhux hekk??

Giov DeMartino

Dec 3rd 2012, 11:51

Sorry: The devil. labour that is, is well known. VERY WELL known for those over 40.

Edward Curmi

Dec 3rd 2012, 12:25

Dak biex tara li ir rohs ta dawl u ilma tal lejber hija holma habib!!

W. Cassar

Dec 3rd 2012, 08:38

You forget:

1. Malta's lower wages
2. The extra wear and tear on vehicles due to poor roads.
3. New problems with the Diesel Euro 5 engines on short distances, expensive repairs!!
4. High registration and road tax
5. Extra wear and tear due to urban driving only
6. The poor quality of fuel, charged at premium rates, better fuel means better mileage.


The list goes on

Arthur Vella

Dec 3rd 2012, 08:39

Depends on you salary Mr Cassar. when you have a minimum wage you can talk! Good day.

Joseph Borg

Dec 3rd 2012, 08:59

C. Cassar, for your info, other countries have decent public transport services. Plus, the countries you are mentioning that pay 1.80+ Euros / litre have much higher wages. Check your statistics please.

MT Caruana

Dec 3rd 2012, 09:11

@C.Cassar,

Here we go again, same old story, time to change it now, OTHER EUROPEAN COUNTRIES!!!! We are in Malta, so honest could not care the least what 's happening there....mind you you never mention Germany.....they are part of EU right!!!!!

Jms Cremona

Dec 3rd 2012, 09:11

Malta may not have the most expensive fuel prices but it surely isn't the cheapest. One would still have to consider the average wages they have in these countries which are selling fuel at a higher price than Malta.

http://www.fuel-prices-europe.info/index.php?sort=6

Paul Smith

Dec 3rd 2012, 09:33

I don't even mind paying €1.90+ for good quality fuel. But paying €1.52 for this crap fuel just doesn't make any sense!

David Spiteri

Dec 3rd 2012, 09:55

do we have their wages?

Mario Camilleri

Dec 3rd 2012, 09:59

@C Cassar,
And you based your studies on what? Have you ever tried managing your daily needs with an income of €700 a month or less?
And can you name the MANY countries you so mentioned?

D Schembri

Dec 3rd 2012, 10:26

compare income as well

Rowena Scicluna

Dec 3rd 2012, 10:42

And they have far, far better salaries.

Mr Jamie Frendo

Dec 3rd 2012, 11:34

W.Cassar not to disagree with you however we also have to take into consideration for example in the UK I had a Nissan 1.8 petrol and never had any accidents and that cost me 115 Pounds (€140) a MONTH in insurance surely this should have been mentioned as well.

C. Bartoli

Dec 3rd 2012, 13:17

@Rowena Scicluna they have far, far better salaries and they pay so much more taxes than the maltese do that if you work it out you will see that we have more money left in our pocket than most EU countries.

C. Bartoli

Dec 3rd 2012, 13:19

Pajjizi li jhallsu t-taxxi ogħla: L-Iżvezja (56.6%), id-Danimarka (55.4%), il-Belġju (53,7%), Spanja u l-Olanda (52%), l-Awstrija u r-Renju Unit (50%). Is-sistemi tat-taxxa aktar favorevoli huma dawk tal-Bulgarija (10%), ir-Repubblika Ċeka u l-Litwanja (15%), ir-Rumanija (16%) u fis-Slovakkja (19%).

F'Malta hi (21.7%)

Giov DeMartino

Dec 3rd 2012, 08:50

Id-deffiena mhux ilahhqu man-nies imutu bil-guh.

M camilleri

Dec 3rd 2012, 09:11

@ Mario Micallef Il prezz tal pompa ta 1.40 fuq id diesel u 1.53 fuq il petrol dahal fis seh dak in nar tal buget u sipost mil lewwel ta dicembru kellu jarga joghla infatti it tabela li qed tiprezenta it times aw fuq kif ukoll www.enemalta.com.mt huma hzina ghax sipost unleaded kien 1.53 mhux 1.52 , issa taf min hu Disgusting tibqax libes il kapestru.

Arthur Vella

Dec 3rd 2012, 08:41

Well said (prosit)

E Gatt

Dec 3rd 2012, 08:46

@ Paul Bajada

Now ask yourself this question.

How would the state of the road be today, had we listened to the genuine version of Joseph Muscat in 2003, not joined the EU, and not received the hundreds of millions of Euro thanks to EU membership?

C Cassar

Dec 3rd 2012, 10:54

Er, no you don't. The highest car registration tax in Europe is in Denmark and Norway. It makes Malta's look like a drop in the ocean even when taking incomes into account.

Giov DeMartino

Dec 3rd 2012, 11:16

Imbaghad tara Suir Bajada! Darba tac-civil kienu kitbu lil Borg Olivfier: We meet you at the polls, George. And they DID MEET him at the polls. And for sixteen whole frightful and horrible years, we lived in hell. Ara x'taghmelo Sur Bajda, remember election time. U tiftakarha tibqa' d-data tal-elezzjoni. Ipprova!

Giovanni Rizzo

Dec 3rd 2012, 07:50

GOOD QUESTION SUR SPITERI.

twanny borg

Dec 3rd 2012, 08:21

jekk tizdied is-sisa nahseb iva. bis-sisa il-gvern ihallas hlasijiet beneficcji, pagi, eukazzjoni, sahha u mitt haga ohra. trid izzid spejjez ohra wkoll.

M camilleri

Dec 3rd 2012, 08:55

@ justin dak huwa listes prezz li jixtrih il Gvern daqs kemm jimbih il libja.

William x

Dec 3rd 2012, 09:14

Ofcourse it is illegal !!!

C Cassar

Dec 3rd 2012, 10:56

You'll have to:

a) Have a permit to import such material
b) pay import duty as it's coming from outside the EU
c) pay VAT
d) Pay fuel tax that's applied to the rest of fuel in Malta
e) Pay fro the transportation from Libya
f) Pay for safe regulated storage in malta


So, it would cost you much more to import the fuel. Nice well thought out idea.

Mr Stephen Borg

Dec 3rd 2012, 07:55

But now you will undoubtbly have bloggers asking us to have a look around us and see what is going on in other European countries while in their twisted opinion we remained untouched. What really remained untouched are our below standard wages which are based on cheap labour and exploitation whilst the cost of living skyrocketed up.

C Cassar

Dec 3rd 2012, 08:17

How can the Maltese be starving when they are the most obes nation in Europe? Malta has the highest number of cars per capita in Europe, so plenty of money around. Taxes are falling. The economy in Malta has never been so good.

Mark Fleri

Dec 3rd 2012, 08:52

@C.Cassar
Being obese has nothing to do with quantity. I could consume large amounts of salad but that wont make me obese. Obese people are obese as they either diet is that of processed foods, foods with high amounts of refined sugars, foods containing to many carbs and not doing enough physical activity.

Mr Joe Micallef

Dec 3rd 2012, 08:56

Seychell, so you are starving but at the same time posting on the internet. No government will solve your very serious problem of setting priorities!

Sean Swain

Dec 3rd 2012, 08:59

Kevin...hardly starved as a nation. As C Cassar said we happen to be the most obese european country. There are less dramatic ways to get your point across/

Shaun Abdilla

Dec 3rd 2012, 09:09

@ C Cassar:
1) The Maltese are the most "obes" people in Europe cause they eat fattening food, usu. the cheapest e.g. pastizzi,amongst other reasons - doesn't mean they're the richest - I don't see the Swiss or Qatari being obese.
2)They have the highest number of cars per capita in Europe (istra, sirna qisna d-DOI) because public transport is a disaster (sign of underdevelopment). and *

Leonard Brincat

Dec 3rd 2012, 09:27

@ C. Cassar
And we have also 5,000,000,000, DEJNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN

Kevin Seychell

Dec 3rd 2012, 10:38

@ Stephen borg- Iva ta man naqbel 100% mieghek li hekk sa jghidu imma ghandi a couple of questions ohra ghalijom. Il-populazjoni ta malta l-istess bhal pajjizi l-ohrajn?il prices tad-djar ta l-europe listess prezz bhal ta malta?il wages l-istess bhal other countries?Unemployment is at 7000+ now. Thats extremely high for a country with the smallest population!

Marie Therese Debono

Dec 3rd 2012, 11:17

@Paul Meilak

iva; iva; le; le; le; le; iva; le; le; le; le

kif qed tara sur meilak ghandi affarijiet veru bazici, ibda mill paga. Nahdem mis sebh sa dlam biex nipprova nlahhaq mal hajja u mal affarijiet dejjem jgholew bl addocc. Jien l uniku bread winner fil familja u b zewgt itfal jiddependu fuqi. Nipprova naqla lira ghall familja u biex nghaddu naghmlu sagrificji kbar

Mr Jamie Frendo

Dec 3rd 2012, 11:47

Proset Paul, cumment perfett, ovvja li mhux f'kull kas japplika pero HAFNA jeqirdu bil kontijiet u flistess hin jiccekjaw facebook fuq il mobile fuq fejn ha johorgu dal weekend. Il Kontitjiet min ximkien gejjin ghax jekk ma tghamel xejn ma jkollokx kontijiet!

Schembri Ray

Dec 3rd 2012, 09:18

Do you use this method?

Mr Jamie Frendo

Dec 3rd 2012, 08:02

Joseph jiena ha niftakkru wkoll lil Gonzi pero il fatt li kullhad qed jahseb li ha jitla Joseph u il Petrol gej b'xejn huwa zball gravi u raguni nulla biex tghati vot lil partit. Ivvota lil min trid pero hemm hafna affarijiet aktar importanti u li jghamlu effet milli il prezz tal petrol.

Deo Catania

Dec 3rd 2012, 09:16

Jamie Frendo ghidilna meta u fehjn Joseph qal li se jkollna fuel b'xejn? jekk int ragel wiegeb, il-bqija ghalaq halaq u mur stahba.

Joseph Borg

Dec 3rd 2012, 09:47

Joseph Micallef ma qalx li jekk jitla Joseph Muscat l petrol ser jigi b'xejn

pero mod il petrol joghla ghax z zejt qed joghla u mod iehor joghla ghax jkun zid t taxxa fuqu GonziPN.
Z zejt mhux fil kontroll tal gvern imma t taxxa fuqu iva

Mr Jamie Frendo

Dec 3rd 2012, 11:26

Deo Catania, l 'argument tighei kien li kullhadd jwahhal fil Gvern qisu il Fuel ghax jrid hu qed jghola u jekk jivvutaw lil xi hadd iehor mhux listess jiggri. J'alla li kullhadd veru ghandu ragun pero niddubita hafna, dik hi it twegiba tighei Sur Catania. ma kienx hemm ghalfejn tirrabja bir rawa f'halqhekk u qas li kieku miniex ha nistahba ghax jiena ragel.

Giov DeMartino

Dec 3rd 2012, 11:40

Titwahhax mjeta tiftakar li d-destin ta' pajjiz jiddependi mill-voti ta' nies bhal dawn. Dan se jiftakru lil Gonzipn meta jmur jivvota ghax ilpetrol ghola centezmu! Povra demokrazija.

Deo Catania

Dec 3rd 2012, 12:08

indirettament hekk qal. dan xi wiehed li jpappiha sew taht gonzipn allura irid jati daqqa t'id. drajnihom bizzejjed issa kif jahdmu.

Louis Muscat

Dec 3rd 2012, 04:56

But the problem is that we don't know where we stand with JMLP. So as the saying goes," I rather have the devil I know then the one that I don't know".

John Lusignan

Dec 2nd 2012, 23:35

Water shortage is the next big problem that the world is going to face. They would need to invent an engine that runs on seawater. Recently saw a prototype engine running on air! Hope it hits the market in the years to come.

Alfred Grech

Dec 3rd 2012, 01:47

If that happens, it would be cheaper to drink Coke or Pepsi because they will raise the price of water.

Luciano Chetcuti

Dec 3rd 2012, 08:24

There are cars that run on water which is broken up into Hydrogen and Oxygen by electrolysis. The unit is quite cheap to instal but then fuel is big business and all those involved (refineries, governments, petrol stations, etc) would not want to get their business watered down!!

Sean Swain

Dec 3rd 2012, 08:55

@ Alfred Grech

Main ingrediant for Coke and Pepsi is water, so suffice to say that should water prices increase, so would soft drinks. Just saying.

C Sant

Dec 3rd 2012, 06:54

Take it up with the service stations then.

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