Go Back   Team-BHP > BHP India > The Indian Car Scene


Reply
 
Thread Tools Search this Thread
Old 11th July 2011, 03:58   #1306
BHPian
 
Join Date: Mar 2010
Location: Gurgaon
Posts: 58
Thanked: 30 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by Gansan View Post
OK, but on PPP basis, the value of that Rs 41.00 in USA and India is not the same. List out what all you can buy for the price of a litre of Petrol in India and also in the USA, and you will see what I mean.

INR 69.00 should be about USD 1.50. I think this would be more or less the equivalent of a rupee and a half for an American, may be slightly more? So the Govt comparing prices of fuel on Dollar terms is meaningless.
On PPP terms, it should be more like Rs 15 for an American.
jods is offline   Reply With Quote
Old 11th July 2011, 07:36   #1307
Senior - BHPian
 
mjothi's Avatar
 
Join Date: Dec 2007
Location: Bangalore
Posts: 3,252
Thanked: 216 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by CBlazer View Post
I have a feeling that Shell could have maintained the price at 70.60 - it seems a bit shady that they decided to increase the price within a couple of days.
How many times PSU "decreased" price of petrol after hiking it?

So, its nothing shady. Its their business. Or may be pressure from PSUs, who knows. IT can happen only in India!
mjothi is offline   Reply With Quote
Old 11th July 2011, 08:50   #1308
BHPian
 
vigneshA's Avatar
 
Join Date: Feb 2010
Location: Chennai
Posts: 195
Thanked: 27 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by Gansan View Post
OK , but on PPP basis, the value of that Rs 41.00 in USA and India is not the same. List out what all you can buy for the price of a litre of Petrol in India and also in the USA, and you will see what I mean.
PPP comparison isnot very apt for this item. If both the countries buy from international market and consume, then why would ppp matter. Lets take the case of cars. Certain cars are imported both in US & in INdia - from Japan. But their prices in actual terms are more here than US - again due the taxes in their respective countries.

You can try and pick another country with similar PPP as ours and you'll find that gasoline would be different. It might even be more than ours ( there are lot of such countries)
THe point i am trying to make is very simple, the taxation levels vary across the countries and in our case is a primary contributor.

Whether thats a good thing or not is not for me to decide. I am simply making comparisons and saying that - Tax is more than subsidy; govt. earns the most in case of any hike.

Is there a rational behind this high taxation - i dont know. Neither has govt. tried to explain this in black & white.
vigneshA is offline   (1) Thanks Reply With Quote
Old 11th July 2011, 09:44   #1309
Senior - BHPian
 
Gansan's Avatar
 
Join Date: May 2009
Location: Chennai
Posts: 3,412
Thanked: 858 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by vigneshA View Post
If both the countries buy from international market and consume, then why would ppp matter.

Because the trading of petroleum is forcibly pegged to Dollars, that is why. A main reason Iraq was invaded was because Saddam threatened to sell oil for other currencies, including INR. Now Iran is threatening to open an oil bourse and trade in any currency but Dollars, so expect to find a lot of WMD there as well in future!

BTW tanked up on Shell Super @ Rs 71.55 yesterday. Shell normal retails for Rs 69.05.

Last edited by Gansan : 11th July 2011 at 09:46.
Gansan is offline   Reply With Quote
Old 11th July 2011, 11:26   #1310
BHPian
 
Monaro CV8's Avatar
 
Join Date: Feb 2010
Location: Pune
Posts: 570
Thanked: 463 Times
Question Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by MAS View Post
OT: Guys,I was in Saudi last week. Diesel and Petrol prices made me go crazy.
Diesel = 0.29 Riyals x Rs. 12 = Rs. 3.48 per LITRE
Petrol = 0.69 Riyals x Rs. 12 = Rs. 8.28 per LITRE
What!?!
Gees, if the rates above are 'post production at the point of manufacture', then surely the oil companies who are selling the fuel have their margins added in the above prices too.

Then I guess the difference between them and the rest of the world is like - freight, customs, duties and taxes??

Come to think of it - it doesn't make sense
Monaro CV8 is offline   Reply With Quote
Old 11th July 2011, 12:23   #1311
Senior - BHPian
 
adimicra's Avatar
 
Join Date: Jul 2010
Location: Hyderabad
Posts: 1,554
Thanked: 1,047 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Went to fill petrol from Shell this weekend, thinking it will be same or cheaper than the PSU bunks.
But, it was priced at 73.75 which is a good 3 Rs more than the PSUs.

I don't understand this - why Shell is costlier in Hyderabad than Bangalore, given that petrol from PSU's cost more in Bangalore than Hyderabad?
adimicra is offline   Reply With Quote
Old 11th July 2011, 14:55   #1312
Senior - BHPian
 
sushrutha's Avatar
 
Join Date: Mar 2006
Location: Chikmagalur/Ban
Posts: 1,702
Thanked: 322 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by adimicra View Post
I don't understand this - why Shell is costlier in Hyderabad than Bangalore, given that petrol from PSU's cost more in Bangalore than Hyderabad?
Because of the transportation.
Shell fuel is transported from Mangalore refinery to all other Shell bunks in India.
Shell Petrol/Diesel in MLR will be the least priced petrol/Diesel when compared with other Shell pumps.
sushrutha is offline   (2) Thanks Reply With Quote
Old 11th July 2011, 15:12   #1313
BHPian
 
Join Date: Feb 2006
Location: Pune
Posts: 487
Thanked: 110 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

I tanked up last Friday at the Shell station (Hinjewadi), a litre of petrol was 67odd!!! Cost of petrol at the Indian Oil station was 66odd.
mb_jg is offline   Reply With Quote
Old 11th July 2011, 15:36   #1314
BANNED
 
Join Date: Nov 2005
Location: Hyderabad
Posts: 316
Thanked: 65 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by sushrutha View Post
Because of the transportation.
Shell fuel is transported from Mangalore refinery to all other Shell bunks in India.
Shell Petrol/Diesel in MLR will be the least priced petrol/Diesel when compared with other Shell pumps.
Isn't possible to build pipeline grid for Petrol similar to Gas?
niv26 is offline   Reply With Quote
Old 11th July 2011, 15:43   #1315
Senior - BHPian
 
Gansan's Avatar
 
Join Date: May 2009
Location: Chennai
Posts: 3,412
Thanked: 858 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by niv26 View Post
Isn't possible to build pipeline grid for Petrol similar to Gas?
It exists from Mangalore to Bangalore (owned by PSU, but shared by Shell), hence the lower prices in Karnataka. Everywhere else it has to be trucked.
Gansan is offline   Reply With Quote
Old 11th July 2011, 16:39   #1316
Senior - BHPian
 
Latheesh's Avatar
 
Join Date: Dec 2007
Location: Bangalore/Kannur
Posts: 2,816
Thanked: 1,995 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by Gansan View Post
hence the lower prices in Karnataka
Shell fuel price now is higher in Bangalore than Chennai. I remember seeing 6X.XX price (Shell unleaded petrol) displayed outside Shell station in Chennai last week.

Last edited by Latheesh : 11th July 2011 at 16:40.
Latheesh is online now   Reply With Quote
Old 11th July 2011, 18:17   #1317
BHPian
 
Join Date: Jan 2011
Location: Pune
Posts: 359
Thanked: 112 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by mb_jg View Post
I tanked up last Friday at the Shell station (Hinjewadi), a litre of petrol was 67odd!!! Cost of petrol at the Indian Oil station was 66odd.
You do regularly fill-up a Shell? or its like sometimes..
hope its with reference to your newly acquired one!
iSpoke is offline   Reply With Quote
Old 11th July 2011, 18:23   #1318
BHPian
 
Join Date: Feb 2006
Location: Pune
Posts: 487
Thanked: 110 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Quote:
Originally Posted by iSpoke View Post
You do regularly fill-up a Shell? or its like sometimes..
hope its with reference to your newly acquired one!
Nope, I do not fill up at Shell regularly. Decided to try it out since the road was packed & I was right infront of the station. I usually drive down to office only on Friday's to tank up. I know the savings doesn't justify the travel from NIBM, but what the hell, atleast I get to use the Fabia once in a while
I did notice something with my 800 though, the Shell fuel seems to be much cleaner somehow, the car is definitely running much smoother.
I managed to click 2 snaps of the Fabia when I noticed the reflection after a coat of Collinite. Yet to post a full ownership report with pics though.
Attached Thumbnails
Shell in India (fuel, lubes, outlets)-p100711_12.35.jpg  

Shell in India (fuel, lubes, outlets)-p100711_12.36.jpg  


Last edited by mb_jg : 11th July 2011 at 18:28.
mb_jg is offline   Reply With Quote
Old 11th July 2011, 18:24   #1319
BHPian
 
Join Date: Nov 2006
Location: kolkata
Posts: 927
Thanked: 24 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

I Kolkata it has gone up by a couple of paises in the last fort night, I think it was 67.79 till about 15 days back, today when I refilled it was 67.99.
musicmanaman is offline   Reply With Quote
Old 12th July 2011, 16:41   #1320
BHPian
 
Join Date: Oct 2007
Location: Bangalore
Posts: 72
Thanked: 17 Times
Default Re: Shell fuel price discussion thread. Update: Going down cheaper than PSU's.

Good to see shell down, PSU pumps must be facing a business effect, i recall when shell pumps were empty!!
hemantbsutar is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
List of BPCL outlets selling Speed 97 petrol in India aadix The Indian Car Scene 41 22nd June 2017 16:32
Accessories, Tyres, Lubes etc. - Hot Wheels (Trivandrum) pramodkumar Other Cities 2 16th February 2013 23:56
Filters & Lubes For Ford Endeavour 2004 pskrishnan Technical Stuff 6 2nd September 2012 21:41
Short supply of fuel at Shell outlets in Bangalore benbsb29 Shifting gears 53 5th July 2007 16:38


All times are GMT +5.5. The time now is 10:21.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks