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Old 6th December 2008, 00:28   #991
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Prices have fallen to ~ $40's per barrel from a high of ~146/barrel six months ago and the Indian Govt. reduces petrol prices by just Rs. 5?

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Originally Posted by sudipt123 View Post
SirAlec, he's merely asking the question - that a mere 5 Rs. cut- is it justified?

I think NO. They should have reduced 10/- on petrol. Maybe Mr. Deora wants to reduce the price is stages. Now 5 bucks then after 2 months another 5 bucks.
I think this is just another ploy to keep some leeway till election time when we'll see the prices drop by another 5-10 rupees.
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Old 6th December 2008, 06:54   #992
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This is great news. Lets be happy with what they have reduced, atleast its below 50 now.
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Old 6th December 2008, 07:04   #993
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Originally Posted by backrub View Post
This is great news. Lets be happy with what they have reduced, atleast its below 50 now.

You are blessed as it comes below 50 Rs. in your state. But in Bangalore it should be around 52.xx after reduction. In New Delhi it is selling around Rs. 45.

Who takes this 7.xx Rs and for what purpose?
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Old 6th December 2008, 07:22   #994
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Mods can you please merge this with the existing thread:
http://www.team-bhp.com/forum/indian...ce-thread.html
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Old 6th December 2008, 08:03   #995
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Quote:
Originally Posted by anujmishra View Post
You are blessed as it comes below 50 Rs. in your state. But in Bangalore it should be around 52.xx after reduction. In New Delhi it is selling around Rs. 45.

Who takes this 7.xx Rs and for what purpose?
Your State Government does. They use the money to provide you power cuts, air in the water taps and top quality craters on the roads. As a bonus you will get corrupt cops, traffic lights which don't work and mountains on the road next to the craters - a great work out for your car's suspension and under body.

Isn't life great?
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Old 6th December 2008, 08:04   #996
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Note from support: Thread merged.
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Old 6th December 2008, 08:23   #997
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Damn, just filled Speed worth 500 a day before the reduction. Never mind, its good to know that I can go to the pump now and know I can get regular petrol in multiples of two liters per hundred bucks.
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Old 6th December 2008, 08:26   #998
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Quote:
Originally Posted by ImmortalZ View Post
Your State Government does. They use the money to provide you power cuts, air in the water taps and top quality craters on the roads. As a bonus you will get corrupt cops, traffic lights which don't work and mountains on the road next to the craters - a great work out for your car's suspension and under body.

Isn't life great?
Well said sir!!! I agree with you totally
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Old 6th December 2008, 08:28   #999
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Quote:
Originally Posted by elfhelm View Post
Prices have fallen to ~ $40's per barrel from a high of ~146/barrel six months ago and the Indian Govt. reduces petrol prices by just Rs. 5?

To be fair, they held the prices when it went up from USD 45 to USD 120+.
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Old 6th December 2008, 08:48   #1000
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Bangalore it has become 51.71 for petrol and 36.97 for diesel.

But for the last two days they were telling in the media of a 10rs cut? Any ways the cut is welcome to say the least.

If there is uniform taxation across India it would have been good, now we see some state governments behaving like greedy nuts to fleece their citizens, especially the Karnataka one!!
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Old 6th December 2008, 09:35   #1001
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Default Talk about bad luck!

Just filled a full tank of petrol yesterday!
31 liters.
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Old 6th December 2008, 11:45   #1002
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Thanks to my son who saw the news day before, I filled only 5 litres on my WagonR yesterday after it was serviced.
Filled the rest of 26 litres today at a price of Rs 51.10, compared to Rs 56.70 yesterday at Hyderabad.
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Old 6th December 2008, 11:53   #1003
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it is Rs 47.27 here in my town(cochin).
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Old 6th December 2008, 11:54   #1004
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It is really a good news. I think we can expect some more allowances at a stage when politicians are seen as villains (aftermath of Mumbai attacks) & elections are round the corner.
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Old 6th December 2008, 13:25   #1005
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Quote:
Originally Posted by deepclutch View Post
it is Rs 47.27 here in my town(cochin).
Here in Trivandrum it is 47.25/- only i think in cochin it will be 47.02/-.
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