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Old 7th February 2011, 09:27   #1696
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the point is clear - Petrol vehicles should be dumped asap. I mean using non-maruti petrol's as daily drives should be in past tense. At best they are weekend warriors.
I had already made even my Alto a week-end vehicle, thanks to the ongoing metro rail work. Which has proved a blessing in disguise! Now I depend only on my good old Splendor to transport me and my wife to work, a round trip of 25 KM. Even though it is long in the tooth still returns 62 KPL, and is a big relief.
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Old 7th February 2011, 12:20   #1697
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Originally Posted by prajwalkashyap View Post
Ownership of cars is still a meagre 5-8% of the population
Actually, it's barely crossed 1%. The number of cars per 1000 Indians is between 11 - 20 (depending on which research you are referring to).
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Old 10th February 2011, 18:09   #1698
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Default Re: Fuel Price Thread

Related news: IOC Q3 net profit up over two-fold to Rs 1,634 cr - The Economic Times

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While petrol prices was freed from the government control in June, state oil firms continue to sell diesel, domestic LPG and kerosene at government-dictated prices, which are substantially lower than the cost of production.

IOC, BPCL and HPCL currently lose Rs 9.23 per litre on diesel, Rs 21.60 per litre on kerosene and Rs 356.07 per 14.2-kg LPG cylinder.
In India, in effect, petrols buyers are subsidizing diesel.
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Old 10th February 2011, 23:14   #1699
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Default Re: Fuel Price Thread

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the point is clear - Petrol vehicles should be dumped asap. I mean using non-maruti petrol's as daily drives should be in past tense. At best they are weekend warriors.
Dude, no offence but this is something i really cant digest!! What on earth does rising fuel costs have to do with Maruti vehicles?

I own a Palio 1.6 and am regularly getting a mileage of 13-14 kmpl when driving with a light foot during my commutes. at the same time, a colleague who uses a Swift and another using a Ritz, get the same mileage.

Its like saying 'stop drinking tea coz it contains nicotine like a cigarette!!'

The difference is driving a fast car slow or a slow car fast!

Regards,
Kiran.
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Old 11th February 2011, 03:17   #1700
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Folks in Hyderabad, what is the price of normal and premium petrol? I am asking this becuase I'll be returning after a 2-month trip, and would need to steel my nerves in advance.
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Old 11th February 2011, 07:55   #1701
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I am in for the 14th February "Do not buy Petrol" campaign. Its high time that these Oil companies are brought to their knees for their arm twisting tactics.

But I doubt the very guys who would not buy petrol on 14th would make a beeline either on the 13th or 15th and the main purpose of the campaign would go down the drains.
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Old 11th February 2011, 09:29   #1702
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But I doubt the very guys who would not buy petrol on 14th would make a beeline either on the 13th or 15th and the main purpose of the campaign would go down the drains.
But of course! We have to sell our cars & bikes otherwise. I understand the oil companies will choke on their stock even by this one day boycott, hence the call.
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Old 11th February 2011, 11:47   #1703
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Do you really think that not buying petrol for one day will really work to choke up the oil companies and force them to lower their prices. Get real people. Nothings going to change, except some people who really need to get somewhere will face some unneeded hardships. Read this article for some more insight: Dump petrol on V-Day | Deccan Chronicle | 2011-02-08
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Old 11th February 2011, 13:59   #1704
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Its high time that these Oil companies are brought to their knees for their arm twisting tactics.
Will never happen - we are taking about PSU companies that will still run like nothing ever went wrong even if they are running at thousands of crores in deficit, forget choking on excess stocks! For all you know, they may dump it, or reroute it to someone in the black
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Old 11th February 2011, 14:09   #1705
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Originally Posted by ph03n!x View Post
Will never happen - we are taking about PSU companies that will still run like nothing ever went wrong even if they are running at thousands of crores in deficit, forget choking on excess stocks! For all you know, they may dump it, or reroute it to someone in the black
Look what happened to the No Auto day. The Rickshaw unions were brought on their knees even forcing the govt to take a tough stand on them. I do agree its not a one man's job but collectively if done will surely bring results. If the downstream demand is reduced, definitley the upstream input is also going to be affected and the PSU's cannot risk that now that the oil rate is on an upswing.
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Old 11th February 2011, 14:11   #1706
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Petrol Price Description
Basic Price: Rs 28.93
Excise duty: Rs 14.35
Education Tax: Rs 0.43
Dealer commission: Rs 1.05
VAT: Rs 5.5
Crude Oil Custom duty: Rs 1.1
Petrol Custom: Rs 1.54
Transportation Charge: Rs 6.00
Total price: Rs 58.90
Why the hell are we paying education Tax (Though its almost nothing) on petrol lol

Source - Google
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Old 11th February 2011, 14:12   #1707
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No petrol day will be a show of protest on the part of the consumers - even if token. And it is better any day than pelting stones in the street and burning buses!
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Old 11th February 2011, 14:25   #1708
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One day of no petrol will not make a difference. Not to the oil companies nor to the consumers. Maybe a week might!

People do not need to fill up everyday. If not on the 14th, they might fill up on 13th or 15th. People who do need autos, travel by autos everyday and hence the one day auto strike made more impact! You're incorrectly comparing two different things and expecting the same result. Oil companies who have been sitting on huge losses due to government subsidies for so many years, this one day loss will be nothing (if at all there is a loss).

And I sincerely doubt that the oil companies have any hand in the high pricing. Looking at the breakup given by @anonymous the prices wont come down unless the taxes and duties levied on petrol comes down. And also, when the international prices of crude oil are going up, don't you think it's a bit socialist to expect the retail prices to go down.
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Old 22nd February 2011, 20:55   #1709
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Default Re: Fuel Price Thread

And the latest is the Libyan crisis that has made crude oil rise to $108 per barrel today.The punters are making hay while Libya is under siege. It has one of the largest reserves of oil in the African continent.
And the upward revision of petrol prices in India was done when oil was ruling @ $92 per barrel!
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Old 22nd February 2011, 20:58   #1710
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Default Re: Fuel Price Thread

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And the upward revision of petrol prices in India was done when oil was ruling @ $92 per barrel!
Great, I can barely wait to pay 92 Rs for a liter of petrol.
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