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Old 13th January 2009, 16:48   #1096
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...I still getting diesel 3 Rs cheaper at Reliance petrol pumps in punjab then govt. pumps before the oil surged to record levels.
I was under the impression the Reliance packed their pumps a long time back. So, was that only in the South?

Diesel 3rs cheaper, lucky you!
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Old 13th January 2009, 17:09   #1097
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Reliance reapplied for their licenses recently.
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Old 13th January 2009, 18:00   #1098
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God knows what will happen if Oil prices are freed up.
Afterall INDIA does not have its own Exxon Mobil/Royal Dutch Shell type of companies. I doubt HP,Indian Oil will ever match their productivity
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Old 13th January 2009, 18:27   #1099
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Wouldn't free pricing work worse for consumers in certain cases. In times of scarsity or remote areas, pumps would charge a premium.
In metro's prices would be under check due to heavy competition.
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Old 15th January 2009, 10:52   #1100
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Big fuel price slash likely today
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Old 15th January 2009, 10:58   #1101
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Originally Posted by Sahil View Post
Wouldn't free pricing work worse for consumers in certain cases. In times of scarsity or remote areas, pumps would charge a premium.
In metro's prices would be under check due to heavy competition.
The pumps owned by Public sector companies would have to adhere to price fixed at state level or something. But it would be difficult if the price changes every week or so.
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Old 15th January 2009, 12:05   #1102
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Half the day gone and still no news !! I hope it happens today, otherwise will have to tank up tomorrow
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Old 15th January 2009, 12:32   #1103
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Could not wait anymore. Filled for 1000 today.
If prices are slashed today, I make a loss of 85 rupees thats it.
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Old 15th January 2009, 15:49   #1104
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I don't think its happening. Just a feeling that have that it would happen a couple of days prior to the elections. They need to have a "hot" agenda then.
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Old 15th January 2009, 17:49   #1105
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It may also free fuel pricing from administrative control.

If this goes through, what does it mean to the diesel prices? Each company would price the fuel differently. Is it bye-bye subsidized fuel?
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Old 15th January 2009, 18:01   #1106
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As petrol prices have not gone down and is still Rs:50+ THUS, a lot of people here owe me a chocolate.

Octane 93 is Rs:65 /- a litre in mumbai and i prefer to fill octane 93 in my car.

Do let me know who is distributing what brand of chocolates, where and when .

Sharing my sentiment at the rates of reduction being talked about, it is more like we being beggars being thrown a small token ( more like a biscuit to a dog analogy ) and we like shameless <insert censored word here> are waiting to catch the half broken outdated biscuit
wagging our tails.

I also feel irrespective of the situation, "freeing up the administrative control" as suggested will in turn lead to a monopolistic situation, leading to a sort of "fuel companies cartel" which will lead to a HIGHER fuel price in the not so near future ( may be within a year ). I still feel govt control is / was better tool to keep the prices in check.

Last edited by Porus : 15th January 2009 at 18:08. Reason: wanted to add another line in the post
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Old 15th January 2009, 18:26   #1107
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( more like a biscuit to a dog analogy ) and we like shameless <insert censored word here> are waiting to catch the half broken outdated biscuit
wagging our tails.
Fundamental truth of life:- Sometimes you are the dog and sometimes you are the master.
Let election come and we will have an opportunity to be the master. Its upto us to make use of it or let it go...

Regards,
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Old 15th January 2009, 20:50   #1108
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Fundamental truth of life:- Sometimes you are the dog and sometimes you are the master.
Let election come and we will have an opportunity to be the master. Its upto us to make use of it or let it go...

Regards,
And you think the party coming after the current bunch of jokers will behave any differently when it comes to fuel pricing? You are such a trusting soul
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Old 15th January 2009, 21:21   #1109
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still 2 rs reduction only for diesel.. i think truckers wont be happy again
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Old 15th January 2009, 21:33   #1110
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Yeah after waiting all this while, I had to fill up today. Filled up for 500 so I lose 50 if there is a reduction tomorrow. But I think it has been postponed by a month.
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