[sgiitk]

Originally Posted by pgsagar

We have seen Roman and British Empires come and go. It's about time this greedy Middle East mafia empire fell, too.

I may agree, but Saudi is doing wage cuts up to 50%. Seems that the oil mafia is bust.

Originally Posted by condor

But at the moment, time to top-up. Expect 1-2 Rs increase tomorrow.

Quite likely, but with the International Price Parity you never know.

[jetsetgo08]

Pardon my limited knowledge, doesn't India import oil from Iran? Does it mean that we would be looking at higher oil prices in the near future due to the reduced production in Iran/OPEC?

[ghodlur]

The Indian crude basket will see a spike after the recent news of the OPEC agreeing to cut production. The Indian govt without battling an eyelid will go for hikes in the fuel prices irrespective of the fact that during the low oil prices, the drops weren't that significant. The crude spiked almost 6% after the OPEC news and is presently above $48. IMHO, there should be any hikes if the crude crosses $50 and not before that. But mango people are hardly heard.

http://www.reuters.com/article/us-op...-idUSKCN11Y18K

http://www.bbc.com/news/business-37502538

[dass]

What's the latest on this? Is there a hike or reduction? I have a refuel pending, hence checking

[nerd1200]

Petrol price hiked by 28 paisa, Diesel cut by 6 paisa. (Source: TOI)

Good move! I was expecting a significant increase today given the trend in global crude oil prices and Tanked up in the evening!

[RSR]

It's the rabid crony capitalist horde of the diesel lobby showing their true colours yet again!

The diesel lobby puppet masters are making their little puppets (the powers-that-be who decide fuel pricing in India) dance away to their nasty tunes ever since the Hon'ble SC let the vicious diesel lobby get away very lightly with that tiny little 1% cess on diesel cars with >= 2000cc engines in Delhi.

The Hon'ble SC must take immediate suo motu notice of the detestable shenanigans of the diesel lobby and their crooked oil mafia chums in deliberately distorting the market and grossly polluting the environment by this crooked crony capitalist fuel pricing mechanism (as dictated by the diesel lobby).

Even if the SC does not take suo motu notice, I hope some wise lawyer immediately files a PIL in the Hon'ble SC to increase the meagre 1% cess on diesel cars with >= 2000cc engines to reflect the difference between the prices of diesel & petrol. For instance, if petrol costs ~ 15% more than diesel (as it does right now in Delhi), the Hon'ble SC should impose a cess of 15% on diesel cars with engines >= 2000cc, instead of the meagre 1% cess right now. The SC imposed cess on large-engined diesel passenger vehicles should be directly linked to the diesel-petrol price difference!!!

This is perhaps the only way the vicious diesel lobby and their puppets in the vile oil mafia can be forced to stop their dirty game of deliberately increasing the filthy diesel-petrol price difference. Otherwise, such crony capitalist elements and their puppets would soon put India on the sure path of transforming into a banana republic.

[joslicx]

Originally Posted by RSR

It's the rabid crony capitalist horde of the diesel lobby showing their true colours yet again!

The diesel lobby puppet masters are making their little puppets (the powers-that-be who decide fuel pricing in India) dance away to their nasty tunes ever since the Hon'ble SC let the vicious diesel lobby get away very lightly with that tiny little 1% cess on diesel cars with >= 2000cc engines in Delhi.

The Hon'ble SC must take immediate suo motu notice of the detestable shenanigans of the diesel lobby and their crooked oil mafia chums in deliberately distorting the market and grossly polluting the environment by this crooked crony capitalist fuel pricing mechanism (as dictated by the diesel lobby).

Even if the SC does not take suo motu notice, I hope some wise lawyer immediately files a PIL in the Hon'ble SC to increase the meagre 1% cess on diesel cars with >= 2000cc engines to reflect the difference between the prices of diesel & petrol. For instance, if petrol costs ~ 15% more than diesel (as it does right now in Delhi), the Hon'ble SC should impose a cess of 15% on diesel cars with engines >= 2000cc, instead of the meagre 1% cess right now. The SC imposed cess on large-engined diesel passenger vehicles should be directly linked to the diesel-petrol price difference!!!

This is perhaps the only way the vicious diesel lobby and their puppets in the vile oil mafia can be forced to stop their dirty game of deliberately increasing the filthy diesel-petrol price difference. Otherwise, such crony capitalist elements and their puppets would soon put India on the sure path of transforming into a banana republic.

No way should SC be setting prices or cesses on anything. That's just so blatantly out of their jurisdiction. It's a purely legislative issue and only the govt has the authority to set the prices. The SC should rather focus on judicial issues.

There is some cross subsidization for diesel but that is because it is primary goods mover as well as people mover in India. There's already so much historic distortion in prices because of that and there are still so many people in India with socialist leanings. So some people will keep paying for others.

[ajayclicks]

Originally Posted by RSR

Even if the SC does not take suo motu notice, I hope some wise lawyer immediately files a PIL in the Hon'ble SC .....

Your constant whining and use of language on this thread is getting rather tiresome. If you feel so much about this issue, why don't you do something about it- like hire a lawyer to file a PIL?

[RSR]

Originally Posted by RSR

Even if the SC does not take suo motu notice, I hope some wise lawyer immediately files a PIL in the Hon'ble SC to increase the meagre 1% cess on diesel cars with >= 2000cc engines to reflect the difference between the prices of diesel & petrol. For instance, if petrol costs ~ 15% more than diesel (as it does right now in Delhi), the Hon'ble SC should impose a cess of 15% on diesel cars with engines >= 2000cc, instead of the meagre 1% cess right now. The SC imposed cess on large-engined diesel passenger vehicles should be directly linked to the diesel-petrol price difference!!!

Oh!

It looks like that single above-mentioned paragraph of mine has set loud alarm bells ringing in certain quarters i.e. the ones who would love to see the continuation and even worsening of the gross injustice of deliberately skewed (& widening) artificial price difference between diesel & petrol.

What if the suggestion did reach the ears of the Hon'ble SC and it was taken into consideration when the SC reviews the 1% environmental cess on large-engined (>= 2000cc) diesel passenger vehicles on the date they mentioned? That would mean the gross injustice would end and those who want to have their cake cannot eat it at the same time, and certainly not at the expense of others.

Very good! It only shows that this is indeed the best way to challenge this heinous injustice perpetrated by the diesel lobby on petrol users in this country.

I shall take all necessary steps, one at a time beginning soon, in order to ensure the Hon'ble SC of India gets to hear this valid suggestion, so that the highest court of the land can put an end to this gross injustice against petrol users!

[ajayclicks]

Originally Posted by RSR

Oh!

It looks like that single above-mentioned paragraph of mine has set loud alarm bells ringing in certain quarters i.e. the ones who would love to see the continuation and even worsening of the gross injustice of the deliberately skewed artificial price difference between diesel & petrol.


I shall take all necessary steps, one at a time beginning soon, in order to ensure the Hon'ble SC gets to hear this valid suggestion, so that the highest court of the land can put an end to this gross injustice against petrol users!

Please do. As the owner of 3 petrol vehicles, I will be very happy. Ofcourse, since your battle is to deliver justice to petrol vehicle owners, you would implore the SC to impose this cess on smaller diesel vehicles too.

[sgiitk]

Originally Posted by nerd1200

Petrol price hiked by 28 paisa, Diesel cut by 6 paisa. (Source: TOI)

Good move! I was expecting a significant increase today given the trend in global crude oil prices and Tanked up in the evening!

Pleasantly surprised. Also, CNG prices are down, and LPG (free sale) prices are up. I think the Price Parity story is for real!

[thoma]

heinous injustice perpetrated by the diesel lobby on petrol users

I really dont know why this cry by 'petrol owners' against diesel. Only after becoming a diesel owner, then only you know the heat of coughing up the lakh(s) you pay over the petrol and the forthcoming maintenance costs. Nothing comes free. Some posts above seem a plain hatred against diesel users and nothing else and thus my post. Sorry.

[joslicx]

Originally Posted by thoma

I really dont know why this cry by 'petrol owners' against diesel. Only after becoming a diesel owner, then only you know the heat of coughing up the lakh(s) you pay over the petrol and the forthcoming maintenance costs. Nothing comes free.

Sorry but this is not a valid justification for petrol cross subsidizing diesel!

[thoma]

Originally Posted by joslicx

Sorry but this is not a valid justification for petrol cross subsidizing diesel!

I do not have any justification about any subsidizing and didn't intend to. Maybe the govt knows well, not me. But then what is the cry about, afterall it is about money right?

And, is there really anything like diesel lobby against petrol users? I'm blank.

[ptaneja]

Originally Posted by thoma

I really dont know why this cry by 'petrol owners' against diesel. Only after becoming a diesel owner, then only you know the heat of coughing up the lakh(s) you pay over the petrol and the forthcoming maintenance costs. Nothing comes free. Some posts above seem a plain hatred against diesel users and nothing else and thus my post. Sorry.

Exactly my sentiments ...so instead of pointless posts, getting into pros and cons of diesel vis a vis petrol, I keep myself happy by driving a diesel, and keep this thread only for price correction. And this hue and cry for a marginal difference of just 10/12 odd rs ..