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Old 6th December 2008, 13:40   #1006
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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.
They are using the profits to sponsor the farmer subsidy. The govt takes the money from the rich, and votes from the poor, and doesnt give a **** about middle class.
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Old 6th December 2008, 13:55   #1007
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This is intermediate decision before cabinet takes final call next week on actual price cut (Petrol should be reduced by at least 10/- and Diesel rate cut 2/- is enough). I feel they will reduce Petrol rates further next week If they keep sympathy on common man and don't decrease Diesel rate further.

But If Crude falls below 40$ then expect more rate cuts in Diesel too.

Regards,

Ravi.

PS I suggest If one really love the nation please use more Petrol cars rather than Diesel ones, Let Diesel cars for Taxy/Commercial/off roading use while Petrol for private use
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Old 6th December 2008, 14:12   #1008
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http://www.team-bhp.com/forum/indian...sel-india.html

The above seems to be the official tracker, atleast the title says so. Can we merge both these giant threads
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Old 6th December 2008, 17:50   #1009
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Shell rates in BLR Rs.54.95/- reduced by 5/- from Rs.59.95/-
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Old 6th December 2008, 17:55   #1010
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Shell rates in BLR Rs.54.95/- reduced by 5/- from Rs.59.95/-
Now thats interesting! Shell cut prices last month and now again!
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Old 6th December 2008, 19:24   #1011
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Bah, i tanked up only yesterday :(
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Old 6th December 2008, 21:20   #1012
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I saw a news channel today . Seems LOA Group are not satisfied enough with the reduction in Diesel prices. They are demanding more cuts in Diesel Price (upto Rs.10). Else they are planning for a All India Strike from 20th . So the government will be under severe pressure to reduce some more.

Last edited by undead : 6th December 2008 at 21:29.
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Old 7th December 2008, 03:52   #1013
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*** ! 56.00 in BP and 54.95 in Shell ? Good to see that !
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Old 7th December 2008, 08:55   #1014
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In Bangalore, I always fill in at the IOC pump outside Manyata Tech park-Nagawara. The price was 56.88 while it was 57.17 at other city pumps before hikes. Something jurisdiction related. Petrol is 30 paise lesser than the city.
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Old 8th December 2008, 09:34   #1015
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Quote:
Originally Posted by ownerofazkaban View Post
Shell rates in BLR Rs.54.95/- reduced by 5/- from Rs.59.95/-
Can you kindly confirm this. its only the govt pumps that are liable to reduce the prices by Rs 5 and not the private ones like shell. Shell has already reduced the prices before the govt act into play.
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Old 8th December 2008, 09:45   #1016
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Those prices of shell are confirmed. I just filled full tank of petrol at 54.95/- yesterday.
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Old 8th December 2008, 10:12   #1017
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would the 4% reduction in the CENVAT also bring the retail fuel price down?
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Old 8th December 2008, 11:56   #1018
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I dont think so,a newspaper said that the cut in excise duty wouldnt effect petrol and diesel.
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Old 8th December 2008, 12:27   #1019
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A question here - is the price of premium fuels also regulated by the govt??? I don't see a 2 rs cut in the premium diesel here - it's more like 1.8 Rs cut...
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Old 8th December 2008, 14:06   #1020
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A thought:

Now with the fuel prices being reduced, will we see fares for auto/taxis/buses etc being reduced also?
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