The Official Fuel Prices Thread

[Rock 'n' rollz]

Originally Posted by vance0712

I see 3 options ahead of me

a] Reva - electric car .
b] Kawasaki Bajaj Boxer .
c] Take a lift from others .

You are most welcome... provided you pay for the ride! No free lifts anymore.

[typeOnegative]

Originally Posted by pingme

but market forces driving prices does not consider our incomes... Europian country also needs to buy a barell for $57 as India...just remember our current prices are still subsidized...imagine when all subsidy will vanish

The subsidy will vanish from LPG and Diesel. Petrol may actually become cheaper.

[Rock 'n' rollz]

Originally Posted by pingme

but market forces driving prices does not consider our incomes... Europian country also needs to buy a barell for $57 as India...just remember our current prices are still subsidized...imagine when all subsidy will vanish

Well looking at the trend, the day is not far away.

Consider 1.2 euros/ltr. that equals to 1.2 X 58 = 69.6 INR.

So you can see we are not far behind if prices keep heading North in multiples of 5.

[coloneljasi]

Where's that BSA cycle?And I'd like to donate my automobiles and my motorcycle to a museum,as soon as the fuel hike reaches a ton.By the way things are going,that will be sometime in the immediate future....

[greenh0rn]

Rather than buy zens or HCs, shall I not consider buying a good condition (with new tyres) 1980 premier padmini for 25,000, and splurge my otherwise-EMIs to pay my fuel bills? Ah, Tata, bring that 1Lakh car on man!

[lamborghini]

Who needs a performance car anyway.
I want a 100KMPL car or else.... get a job which pays free petrol.

[Rock 'n' rollz]

Originally Posted by greenh0rn

Rather than buy zens or HCs, shall I not consider buying a good condition (with new tyres) 1980 premier padmini for 25,000, and splurge my otherwise-EMIs to pay my fuel bills? Ah, Tata, bring that 1Lakh car on man!

My dad has got one. Guess I should drop my plan of buying a Petra and continue with my dad's baby.

[amit]

the oil firms also want a Rs 1.50 per litre increase in the two fuel prices commensurate with the investments they had made for producing ultra low sulphur Euro III grade petrol and diesel for 11 major cities and Euro II auto fuel for the rest of the country from April 1.

What a load of crap! Our oil companies are among the most cash rich in the world. Besides, getting pure and good quality fuel is our right. Normal fuel today is lower then 87 octane. Even bangladesh gets better quality fuel then us.

the cess for road development has been increased by Rs 0.50 per litre to Rs 2.00.

What road developement? May i know why do we pay taxes? Tomorrow the govt will put some cess for painting lane demarkations and zebra crossings on the roads from us.

[gamerno1]

this is so unbelievable man. i really think i should consider a pulsar or a CBZ now. why do i never hear the prices coming down? & yes vance, taking a lift is a serious option now....lol. (how much you selling the baleno for@iceman? )

[speedsatya]

buy a bajaj M80 4stroke.

i have heard that actually petrol and kerosene cost the same to produce.but since the govt wants to win popular votes,a petrol user pays for the reduced prices of diesel,kerosene,LPG..........
why isnt the kerosene prices increased or the diesel cost brought on par with international levels.

mumbai has an offshore oil well and mumbaities pay tha max.

somethings really sukk and as some one has said"this happens only in india"

[lamborghini]

Anyone want to smuggle petrol from Dubai...
Only Rs13 a litre..

[Deeps]

Carzy stuff!! And this time its a full Rs5?? And wht's all this crap about having to invest in better quality fuel?? Should we not have been getting good quality fuel even if we were paying Rs20 per litre??

[Aditya]

Price hike by Rs. 5 per litre? Absurd!
Any idea what those 18 geared mountain bicycles retail for?

[RJK]

I'd like to see how many still say ' I don't care about mileage' & 'Just give indians something with good mileage & they'll buy it' Well there's a reason good enough to consider the FE aspect as well. You can't be spending 1/2 of your earnings in fuel bills. Thats just stupid.

I'd personally predicted that by end '05 petrol price would be 50bucks to a litre but looks like the govt. is in much more hurry

[speedsatya]

Originally Posted by rjkulkarni

I'd personally predicted that by end '05 petrol price would be 50bucks to a litre but looks like the govt. is in much more hurry

please tell us some more of your predictions.

why dont you help out all those students giving exams.