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Old 28th January 2009, 11:20   #1126
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Default Sonia hints at reduction of prices

Sonia gave the hint of reduction petrol prices soon.

Source: The Hindu
The Hindu : Front Page : Sonia hints at further cut in fuel prices
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Old 28th January 2009, 11:48   #1127
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Originally Posted by sgiitk View Post
Look at it this way. 10l at 3 per litre is a Rs.30 saving. So not worth bothering much.
You said it! I find it amusing when hoardes of cars line up outside a petrol pump on the eve of a Rs. 2 / liter price hike.
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Old 28th January 2009, 11:55   #1128
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I guess its the satisfaction. I plan to do the same this time with both my cars to pay for a speeding challan that I received
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Old 28th January 2009, 11:58   #1129
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Originally Posted by GTO View Post
You said it! I find it amusing when hoardes of cars line up outside a petrol pump on the eve of a Rs. 2 / liter price hike.
If given a chance and there are no big lines at petrol pump everyone wants to save that diffrential. Yes it is not a big amount but STILL not ZERO .
Eddy i think what you told is right. It is just Satisfaction

Last edited by aka_iitd : 28th January 2009 at 12:00.
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Old 28th January 2009, 12:03   #1130
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I read it wil be 3 for Petrol and 1 for diesel last week. :(
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Old 28th January 2009, 12:14   #1131
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By today evening I think Fuel prices will be cut, lets hope they do 10/- cut on Petrol while it would be 5/- on Diesel.

Regards,

Ravi.
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Old 28th January 2009, 12:51   #1132
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Default Govt may cut petrol price by Rs 4 & diesel by Re one a litre

As per ET it might be just Rs. 4/litre for petrol and Rs. 1/litre for diesel.
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Old 28th January 2009, 13:23   #1133
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Quote:
Originally Posted by GTO View Post
You said it! I find it amusing when hoardes of cars line up outside a petrol pump on the eve of a Rs. 2 / liter price hike.
Quote:
Originally Posted by sgiitk
Look at it this way. 10l at 3 per litre is a Rs.30 saving. So not worth bothering much.
I normally tank up - about 40 liters.
At a 3 Rs price cut that means about 120 Rs. saving.
which translates into almost 3 liters of extra fuel - about 40 KM extra ride.
If its 5-10 liters the difference really does not matter. When I used my bike a lot I wouldnt bother filling up in time with a price cut.raise, but with a car its a different story.
If there is an expected price cut around the corner I'd rather fill up 5-10 liters now and then tank up once the price cut is announced (especially as the timing is uncertain)
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Old 28th January 2009, 13:27   #1134
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Quote:
Originally Posted by BenjiRoss View Post
I normally tank up - about 40 liters.
At a 3 Rs price cut that means about 120 Rs. saving.
which translates into almost 3 liters of extra fuel - about 40 KM extra ride.
---
To me that translates to 2.5 bottles of beer! cheers:
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Old 28th January 2009, 13:58   #1135
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Originally Posted by ravibhat View Post
lets hope they do 10/- cut on Petrol while it would be 5/- on Diesel.
Fat chance. Every is predicting about 5Rs cut for petrol.
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Old 28th January 2009, 14:08   #1136
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Default on Rediff

News on rediff predicts petrol to be cheaper by 4 and diesel by 1.

Govt may cut fuel prices today
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Old 28th January 2009, 14:12   #1137
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The Great Leader has finally spoken about the imminence of the price cut, and thus Manmohan Singh or the Govt. will now have to cut prices soon, perhaps this week. As for me, I get my car filled every Saturday/Sunday regardless of the distance traveled during the week.
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Old 28th January 2009, 15:55   #1138
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I think government have to do one more price cut in 3 weeks time just before election is being declared if they cut Diesel price only by 1/-, most likely protest will start against government for reducing the prices less compared to sharp increase.

May be they are playing this trick by reducing less and see people's reaction.

Petrol deservered 9/- cut while Diesel around 4/- which would have made public/transporters happy.

The funny Indian governments play lot of tricks and fool the public :( Very unfortunate.

Ravi.

Last edited by ravibhat : 28th January 2009 at 15:57.
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Old 28th January 2009, 16:19   #1139
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I hope they take this opportunity to link prices to the price of crude oil and make the whole thing transparent. That is the only way to make everyone happy, the public gets the benefit of lower prices, the oil companies do not suffer when the crude prices go up and the government is able to meet its revenue/budget targets.
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Old 28th January 2009, 16:36   #1140
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Originally Posted by jaganm View Post
I hope they take this opportunity to link prices to the price of crude oil and make the whole thing transparent. That is the only way to make everyone happy, the public gets the benefit of lower prices, the oil companies do not suffer when the crude prices go up and the government is able to meet its revenue/budget targets.
We wish!

Not happening though. Too much corrupt money in Kerosene trade. And people will not be willing to pay as much (or more) for Diesel as Petrol. The truckies will go on another strike.
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