The Official Fuel Prices Thread

kvish · 10th May 2006, 21:01

Quote:

Originally Posted by jkdas

http://in.rediff.com/money/2006/may/10petro.htm

Hike petrol price by Rs 10, LPG by Rs 114: Ministry....

Folks, its time to start oil exploration in our backyards

jango · 10th May 2006, 23:23

B'lore gonna get hit the most !! sad that the Govt is not doing anything abt it !! think its time for us to pack our bags and migrate to the middle east

.anshuman · 11th May 2006, 03:47

somebody suggest me which one is better,hero or atlas?

panky12345 · 11th May 2006, 06:48

i mean, gimme a break....

why they have to go in for all this ****?? our govt is headed by a moron!

bloddy hell, cut the subsidies ...., bring BLOODY justice to all those ministers who EAT everything in the name of scam!!

It's disgusting!

gyz...wotsay?? a common man like me is feeling sidelined!!

post edited. the Govt gives subsidies to many sections of society. Granted most subsidies are given to gain political milage, granted that most subsidies (and other aid) get "mismanaged" and do not reach those they are meant for but we dont need to single out any one community. on a more humours note think of the lastest and future hikes as an opportunity to get smart sneakers - some are really smart (smarter than me atleast) see link below
http://www.forbes.com/2006/05/09/sma...ife_newsletter

rOaD AsSaSin!! · 11th May 2006, 07:05

i totaly agree wid u... and for our finance minister.. tell him to be out in this sun for a afternoon without his ac car.. i heard that the price of petrol is going up by rs 3/-...

bike_bug · 11th May 2006, 07:39

Quote:

Originally Posted by jango

B'lore gonna get hit the most !! sad that the Govt is not doing anything abt it !! think its time for us to pack our bags and migrate to the middle east

I agree completely with u jango............

zenx · 11th May 2006, 09:13

ummm, it may not be a bad thing - except from a *pure* motorhead point of view. The planet could do with more responsible, better planned commutes and driving - and availability and use of public transportation. These prices will definitely force these "better habits"

tifosikrishna · 11th May 2006, 21:10

Quote:

Originally Posted by veyron1

@SLK; the problem is, refining and marketing companies like IOC, Indian Oil, BP, etc. find that they can make more money off refined (and imported) crude by exporting it. that way, you get forex, no tax, and hence more margins. currently, govt. charges a BOMB on imports per barrel, not to mention taxes, subsidies, pricing control, etc. how can the companies make up? by exports, of course.

guys, there had been question raised about how private petroleum companies like reliance make profit by retailing petrol and diesel at government regulated prices(APM), whereas the price of crude has gone up considerably, after going through the explanation available here, i understand that reliance sells its major share of its output in internaltional market at competitive prices and hence they make profit by exporting them, but if we go by that arguement, at the current fuel prices,are companies like shell and reliance make loss in their oil retailing business in india.

PSU's being run by the govt., can absorb loss by selling fuel at the current levels, but why should shell and reliance lose by selling the same price... i am not able to get the larger picture.... guys,

help me out.
regards
tifosi.

rOaD AsSaSin!! · 11th May 2006, 22:20

guys i think its again time to go the flintstone way paddle by the feets manpower brothers!!!!!
RIDE ON!!
pEaCe!!

normally_crazy · 11th May 2006, 22:44

I say - Time to visit the friendly neighbourhood HERO Cycles Store

Max · 12th May 2006, 03:35

Quote:

Originally Posted by Vulken Auto

Any thing possible

swear I wont even buy my girl a car; leave myself I am far better off on a bicycle or foot or public transport

true, this is what all will be doing if they didn't got alternative to oil.

Max · 12th May 2006, 04:11

Well, for all those folks who own shiny cars and who bitch and moan about Rs.2-5 hike in petrol, I have no comments about them. But increasing petrol and diesel prices will hike prices of everything else including basic stuff like food etc. and it will effect more to the already poor people. It will increase price of everything, food, milk, medicine etc.

I drive Honda city and Hyosung Aquila who's average is aprrox same and its not going to directly effect me much even if they increase it by Rs.10/- per liter because i drive only 1200 km per month, but the question is that is it really necessary for them to increase petrol prices ? What government is doing about hike in global crude oil prices ? What is Indian government future strategy. Crude oil prices is predictive to touch $100 barrel this winter or for sure next winter then how Indian Government is going to provide us with affordable energy ? Will this collapse our economy? What about alternative fuels ?.

I think we should concentrate more on this rather then just saying I will put my vehicle on sale and this country sucks.

Quote:

Originally Posted by amit

Another thing I would add to the politicians part is why the hell do they go everywhere in a convoy of 20 cars? That according to me is a bigger waste of fuel then anything else. Instead of stopping people from buying cars, stop these guys from self glorification. There should be 2 vehicles with every minister. One in front and one at the back. Even 2 is too much. Many PM's, ministers and mayors in western europe drive themselves forget about having a convoy of cars with them.

Because no matter how much corrupt or (&*($&Uj they are, they are still important people. These guys just can not roam around with only 2 cars. They need vehicles for security, police, press, media and other people interested in affairs. All those cars driving with ministers convey are not vesting fuel !

Just my Rs.1 !

ECM · 12th May 2006, 07:35

Reliance Industries (RIL) has hiked the retail price of petrol sold in its outlets by Rs 2.6 to Rs 2.9 per litre. The price increase came into effect from midnight on Thursday.
Now see the logic here(editing my msg again for this comment) Higher petrol prices will cause RIL’s petrol consumers to migrate to PSU pumps and this will increase losses for the PSUs resutling in a price hike in v.short term.
How many of you know that we still pay 1 Re.surcharge per liter for Gulf war between Iran and Iraq?Jay ho..new reforms zindabad!

AvinashKeezh · 12th May 2006, 12:13

Quote:

Originally Posted by .anshuman

somebody suggest me which one is better,hero or atlas?

Quote:

Originally Posted by normally_crazy

I say - Time to visit the friendly neighbourhood HERO Cycles Store

I got meself a Hercules Omega or something a couple of weeks back

.

Should help me trim myself even.

AK

Jay · 12th May 2006, 13:55

got this via mail.... is it true...
Petrol in Pakistan Rs17 per litr
Malaysia Rs 18 per litr ????? how come so less

and here in Bangalore it's 50+ per litr... and going to increase

10th May 2006, 23:23	#197
jango BHPian Join Date: Mar 2006 Location: New York & kotayam Posts: 800 Thanked: 23 Times View My Garage	B'lore gonna get hit the most !! sad that the Govt is not doing anything abt it !! think its time for us to pack our bags and migrate to the middle east
	() Thanks

11th May 2006, 03:47	#198
.anshuman Distinguished - BHPian Join Date: Dec 2004 Location: Good-Gaon Posts: 7,763 Thanked: 11,084 Times View My Garage	somebody suggest me which one is better,hero or atlas?
	() Thanks

11th May 2006, 06:48	#199
panky12345 Senior - BHPian Join Date: Mar 2006 Location: New Delhi Posts: 2,697 Thanked: 171 Times	Increasing fuel prices? i mean, gimme a break.... why they have to go in for all this ***?? our govt is headed by a moron! bloddy hell, cut the subsidies ...., bring BLOODY justice to all those ministers who EAT everything in the name of scam!! It's disgusting! gyz...wotsay?? a common man like me is feeling sidelined!! post edited. the Govt gives subsidies to many sections of society. Granted most subsidies are given to gain political milage, granted that most subsidies (and other aid) get "mismanaged" and do not reach those they are meant for but we dont need to single out any one community. on a more humours note think of the lastest and future hikes as an opportunity to get smart sneakers - some are really smart (smarter than me atleast) see link below http://www.forbes.com/2006/05/09/sma...ife_newsletter Last edited by navin : 12th May 2006 at 08:56.*
	() Thanks

11th May 2006, 07:05	#200
rOaD AsSaSin!! BHPian Join Date: Oct 2005 Location: faridabad Posts: 93 Thanked: 19 Times View My Garage	i totaly agree wid u... and for our finance minister.. tell him to be out in this sun for a afternoon without his ac car.. i heard that the price of petrol is going up by rs 3/-...
	() Thanks

11th May 2006, 09:13	#202
zenx Senior - BHPian Join Date: Oct 2004 Location: Bangalore Posts: 1,163 Thanked: 162 Times View My Garage	ummm, it may not be a bad thing - except from a pure motorhead point of view. The planet could do with more responsible, better planned commutes and driving - and availability and use of public transportation. These prices will definitely force these "better habits"
	() Thanks

11th May 2006, 22:20	#204
rOaD AsSaSin!! BHPian Join Date: Oct 2005 Location: faridabad Posts: 93 Thanked: 19 Times View My Garage	THE flinstone way!! guys i think its again time to go the flintstone way paddle by the feets manpower brothers!!!!! RIDE ON!! pEaCe!!
	() Thanks

11th May 2006, 22:44	#205
normally_crazy Senior - BHPian Join Date: Feb 2004 Location: Mumbai Posts: 4,369 Thanked: 537 Times View My Garage	I say - Time to visit the friendly neighbourhood HERO Cycles Store
	() Thanks

12th May 2006, 07:35	#208
ECM BHPian Join Date: May 2006 Location: Somewhere Posts: 226 Thanked: 16 Times	Saga begins and price hike is due in next few days Reliance Industries (RIL) has hiked the retail price of petrol sold in its outlets by Rs 2.6 to Rs 2.9 per litre. The price increase came into effect from midnight on Thursday. Now see the logic here(editing my msg again for this comment) Higher petrol prices will cause RIL’s petrol consumers to migrate to PSU pumps and this will increase losses for the PSUs resutling in a price hike in v.short term. How many of you know that we still pay 1 Re.surcharge per liter for Gulf war between Iran and Iraq?Jay ho..new reforms zindabad! Last edited by ECM : 12th May 2006 at 07:39.
	() Thanks

12th May 2006, 13:55	#210
Jay BHPian Join Date: Mar 2006 Location: Bangalore Posts: 819 Thanked: 8 Times	got this via mail.... is it true... Petrol in Pakistan Rs17 per litr Malaysia Rs 18 per litr ????? how come so less and here in Bangalore it's 50+ per litr... and going to increase Last edited by Jay : 12th May 2006 at 14:01.
	() Thanks