The Official Fuel Prices Thread

rajakumar · 28th January 2009, 11:20

Sonia gave the hint of reduction petrol prices soon.

Source: The Hindu
The Hindu : Front Page : Sonia hints at further cut in fuel prices

GTO · 28th January 2009, 11:48

Quote:

Originally Posted by sgiitk

Look at it this way. 10l at 3 per litre is a Rs.30 saving. So not worth bothering much.

You said it! I find it amusing when hoardes of cars line up outside a petrol pump on the eve of a Rs. 2 / liter price hike.

Eddy · 28th January 2009, 11:55

I guess its the satisfaction. I plan to do the same this time with both my cars to pay for a speeding challan that I received

aka_iitd · 28th January 2009, 11:58

Quote:

Originally Posted by GTO

You said it! I find it amusing when hoardes of cars line up outside a petrol pump on the eve of a Rs. 2 / liter price hike.

If given a chance and there are no big lines at petrol pump everyone wants to save that diffrential. Yes it is not a big amount but STILL not ZERO

.
Eddy i think what you told is right. It is just Satisfaction

jkdas · 28th January 2009, 12:03

I read it wil be 3 for Petrol and 1 for diesel last week. :(

ravibhat · 28th January 2009, 12:14

By today evening I think Fuel prices will be cut, lets hope they do 10/- cut on Petrol while it would be 5/- on Diesel.

Regards,

Ravi.

CarsPG · 28th January 2009, 12:51

As per ET it might be just Rs. 4/litre for petrol and Rs. 1/litre for diesel.

BenjiRoss · 28th January 2009, 13:23

Quote:

Originally Posted by GTO

You said it! I find it amusing when hoardes of cars line up outside a petrol pump on the eve of a Rs. 2 / liter price hike.

Quote:

Originally Posted by sgiitk
Look at it this way. 10l at 3 per litre is a Rs.30 saving. So not worth bothering much.

I normally tank up - about 40 liters.
At a 3 Rs price cut that means about 120 Rs. saving.
which translates into almost 3 liters of extra fuel - about 40 KM extra ride.
If its 5-10 liters the difference really does not matter. When I used my bike a lot I wouldnt bother filling up in time with a price cut.raise, but with a car its a different story.
If there is an expected price cut around the corner I'd rather fill up 5-10 liters now and then tank up once the price cut is announced (especially as the timing is uncertain)

vnabhi · 28th January 2009, 13:27

Quote:

Originally Posted by BenjiRoss

I normally tank up - about 40 liters.
At a 3 Rs price cut that means about 120 Rs. saving.
which translates into almost 3 liters of extra fuel - about 40 KM extra ride.
---

To me that translates to 2.5 bottles of beer! cheers:

gkrishn · 28th January 2009, 13:58

Quote:

Originally Posted by ravibhat

lets hope they do 10/- cut on Petrol while it would be 5/- on Diesel.

Fat chance. Every is predicting about 5Rs cut for petrol.

rajakumar · 28th January 2009, 14:08

News on rediff predicts petrol to be cheaper by 4 and diesel by 1.

Govt may cut fuel prices today

vasudeva · 28th January 2009, 14:12

The Great Leader has finally spoken about the imminence of the price cut, and thus Manmohan Singh or the Govt. will now have to cut prices soon, perhaps this week. As for me, I get my car filled every Saturday/Sunday regardless of the distance traveled during the week.

ravibhat · 28th January 2009, 15:55

I think government have to do one more price cut in 3 weeks time just before election is being declared if they cut Diesel price only by 1/-, most likely protest will start against government for reducing the prices less compared to sharp increase.

May be they are playing this trick by reducing less and see people's reaction.

Petrol deservered 9/- cut while Diesel around 4/- which would have made public/transporters happy.

The funny Indian governments play lot of tricks and fool the public :( Very unfortunate.

Ravi.

jaganm · 28th January 2009, 16:19

I hope they take this opportunity to link prices to the price of crude oil and make the whole thing transparent. That is the only way to make everyone happy, the public gets the benefit of lower prices, the oil companies do not suffer when the crude prices go up and the government is able to meet its revenue/budget targets.

28th January 2009, 16:36

Quote:

Originally Posted by jaganm

I hope they take this opportunity to link prices to the price of crude oil and make the whole thing transparent. That is the only way to make everyone happy, the public gets the benefit of lower prices, the oil companies do not suffer when the crude prices go up and the government is able to meet its revenue/budget targets.

We wish!

Not happening though. Too much corrupt money in Kerosene trade. And people will not be willing to pay as much (or more) for Diesel as Petrol. The truckies will go on another strike.

28th January 2009, 11:20	#1126
rajakumar BHPian Join Date: May 2008 Location: Bangalore Posts: 201 Thanked: 32 Times	Sonia hints at reduction of prices Sonia gave the hint of reduction petrol prices soon. Source: The Hindu The Hindu : Front Page : Sonia hints at further cut in fuel prices
	() Thanks

28th January 2009, 11:55	#1128
Eddy Team-BHP Support Join Date: Apr 2007 Location: Singapore Posts: 9,493 Thanked: 14,090 Times	I guess its the satisfaction. I plan to do the same this time with both my cars to pay for a speeding challan that I received
	() Thanks

28th January 2009, 12:03	#1130
jkdas Senior - BHPian Join Date: Sep 2005 Location: Thiruvananthapu Posts: 9,687 Thanked: 1,495 Times View My Garage	I read it wil be 3 for Petrol and 1 for diesel last week. :(
	() Thanks

28th January 2009, 12:14	#1131
ravibhat Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,256 Thanked: 37 Times View My Garage	By today evening I think Fuel prices will be cut, lets hope they do 10/- cut on Petrol while it would be 5/- on Diesel. Regards, Ravi.
	() Thanks

28th January 2009, 12:51	#1132
CarsPG BHPian Join Date: Jan 2009 Location: Pune Posts: 353 Thanked: 3 Times	Govt may cut petrol price by Rs 4 & diesel by Re one a litre As per ET it might be just Rs. 4/litre for petrol and Rs. 1/litre for diesel.
	() Thanks

28th January 2009, 14:08	#1136
rajakumar BHPian Join Date: May 2008 Location: Bangalore Posts: 201 Thanked: 32 Times	on Rediff News on rediff predicts petrol to be cheaper by 4 and diesel by 1. Govt may cut fuel prices today
	() Thanks

28th January 2009, 14:12	#1137
vasudeva Senior - BHPian Join Date: Mar 2007 Location: Delhi Posts: 2,223 Thanked: 212 Times	The Great Leader has finally spoken about the imminence of the price cut, and thus Manmohan Singh or the Govt. will now have to cut prices soon, perhaps this week. As for me, I get my car filled every Saturday/Sunday regardless of the distance traveled during the week.
	() Thanks

28th January 2009, 15:55	#1138
ravibhat Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,256 Thanked: 37 Times View My Garage	I think government have to do one more price cut in 3 weeks time just before election is being declared if they cut Diesel price only by 1/-, most likely protest will start against government for reducing the prices less compared to sharp increase. May be they are playing this trick by reducing less and see people's reaction. Petrol deservered 9/- cut while Diesel around 4/- which would have made public/transporters happy. The funny Indian governments play lot of tricks and fool the public :( Very unfortunate. Ravi. Last edited by ravibhat : 28th January 2009 at 15:57.
	() Thanks

28th January 2009, 16:19	#1139
jaganm BHPian Join Date: May 2007 Location: Bangalore Posts: 413 Thanked: 552 Times	I hope they take this opportunity to link prices to the price of crude oil and make the whole thing transparent. That is the only way to make everyone happy, the public gets the benefit of lower prices, the oil companies do not suffer when the crude prices go up and the government is able to meet its revenue/budget targets.
	() Thanks