The Official Fuel Prices Thread

jinojohnt · 9th December 2014, 17:31

The petrol price in Trivandrum is 'supposed to be' Rs 67.89 per liter, but I see higher amounts in many bunks. Recently I filled from a bunk at Rs 67.93 per liter (and even had an argument with the attendant). How to get this corrected (other than using the contacts at the bunk)?

khoj · 9th December 2014, 17:40

KL right? Call for a bandh

Meanwhile, check prices here

http://www.mypetrolprice.com/35/Petr...-in-Trivandrum

Quote:

Originally Posted by jinojohnt

How to get this corrected (other than using the contacts at the bunk)?

LithiumSunset · 9th December 2014, 17:49

Quote:

Originally Posted by jinojohnt

The petrol price in Trivandrum is 'supposed to be' Rs 67.89 per liter, but I see higher amounts in many bunks. Recently I filled from a bunk at Rs 67.93 per liter (and even had an argument with the attendant). How to get this corrected (other than using the contacts at the bunk)?

After decontrol of Petrol, you'll find a small difference in the prices between the state oil companies.

Check for the prices for Indian Oil here: http://www.iocl.com/Products/Gasoline.aspx and so on.

jinojohnt · 9th December 2014, 17:58

Quote:

Originally Posted by LithiumSunset

After decontrol of Petrol, you'll find a small difference in the prices between the state oil companies.

But how is this possible? I thought State oil companies would have uniform pricing throughout a city.

fiat_tarun · 9th December 2014, 18:06

Quote:

Originally Posted by jinojohnt

But how is this possible? I thought State oil companies would have uniform pricing throughout a city.

Quote:

Originally Posted by jinojohnt

The petrol price in Trivandrum is 'supposed to be' Rs 67.89 per liter, but I see higher amounts in many bunks. Recently I filled from a bunk at Rs 67.93 per liter (and even had an argument with the attendant). How to get this corrected (other than using the contacts at the bunk)?

IIRC this was done as the OMC's were accused of cartelization as they all hiked rates by the exact same amount at the exact same time when they are supposed to be independently run companies. These small differences are to counter this allegation !

Chetan_Rao · 9th December 2014, 19:07

It isn't always a minor difference either. On a recent road trip, I filled up at an IOCL outlet en-route to Malegaon (MH) for 69.xx/ltr. The BP bunk a few hundred meters down the road was retailing petrol at 72.xx. I do agree it's just the fake 'we're not a cartel' hogwash.

autobahnjpr · 9th December 2014, 19:43

In addition to the price of the fuel, equally important is the quantity and quality of the fuel. Most of the pumps cheat the consumers on this account in connivance with the people who are entrusted to keep check. There are many videos where only air is pumped out and the fuel meter goes on ticking. I try to stick to one or two pumps based on the fuel average i am getting for the vehicle. Even on highways, i try to stick to few pumps. One good indicator on highway pump is the number of trucks lined up for re-fuelling. On the price front, i wish government passes on the benefit to the end consumers.

LithiumSunset · 9th December 2014, 20:19

Quote:

Originally Posted by autobahnjpr

In addition to the price of the fuel, equally important is the quantity and quality of the fuel. Most of the pumps cheat the consumers on this account in connivance with the people who are entrusted to keep check. There are many videos where only air is pumped out and the fuel meter goes on ticking. I try to stick to one or two pumps based on the fuel average i am getting for the vehicle. Even on highways, i try to stick to few pumps. One good indicator on highway pump is the number of trucks lined up for re-fuelling. On the price front, i wish government passes on the benefit to the end consumers.

Cheating by pumps is an altogether separate issue. The vend has to sell as per the parent oil co. official price.

khoj · 9th December 2014, 22:05

The price difference between the state run companies is limited to a max of 30-40 paise. The three rupee difference should be on account of 'Speed' branded fuel being sold at the BP vend.

Quote:

Originally Posted by Chetan_Rao

It isn't always a minor difference either. On a recent road trip, I filled up at an IOCL outlet en-route to Malegaon (MH) for 69.xx/ltr. The BP bunk a few hundred meters down the road was retailing petrol at 72.xx. I do agree it's just the fake 'we're not a cartel' hogwash.

Lined up trucks are a good indicator indeed but only for those in need of Black fuel. For petrol vehicles it is just another round of Russian Roulette.

Quote:

Originally Posted by autobahnjpr

Even on highways, i try to stick to few pumps. One good indicator on highway pump is the number of trucks lined up for re-fuelling.

selvagp · 12th December 2014, 00:58

may I ask, historically what was the price of petrol / diesel in ₹ terms when crude oil was around $64 ....

rahulk2510 · 12th December 2014, 10:03

Quote:

Originally Posted by selvagp

may I ask, historically what was the price of petrol / diesel in ₹ terms when crude oil was around $64 ....

Last time crude was at range of $60-70 was around June 2009 (Source: http://www.nasdaq.com/markets/crude-...x?timeframe=6y). Petrol at that time was in range of ₹48-52 (Source: http://www.mypetrolprice.com/3/Petro...0&LocationId=3)

gomzi · 12th December 2014, 10:55

Quote:

Originally Posted by rahulk2510

Last time crude was at range of $60-70 was around June 2009, Petrol at that time was in range of ₹48-52

I think the comparison of retail petrol price vs crude prices in India in previous years, while interesting, isn't relevant as the retail fuel was subsidized back then.

saurabhkum · 12th December 2014, 10:59

Quote:

Originally Posted by rahulk2510

Last time crude was at range of $60-70 was around June 2009 (Source: http://www.nasdaq.com/markets/crude-...x?timeframe=6y). Petrol at that time was in range of ₹48-52 (Source: http://www.mypetrolprice.com/3/Petro...0&LocationId=3)

We also need to take into account that Rs Vs $ was around 48 at that time which is currently at 62 Rs per $. Considering that the current Petrol price should be in range of 60-62 Rs per liter in Mumbai.

longhorn · 12th December 2014, 22:12

Oil hits lowest in more than 5 years at $63 on supply glut. Let's see what the govt plans to do in a couple of days.

http://timesofindia.indiatimes.com/b...w/45492682.cms

AshBabu · 12th December 2014, 22:35

I read in news today that Oil prices and tobacco prices will come under GST and almost agreement has been reached between Center and States.

Will this mean that uniform tax will be levied on petrol/diesel throughout the country? No extra taxes will be levied by the states?

9th December 2014, 17:31	#4351
jinojohnt Senior - BHPian Join Date: Aug 2009 Location: Trivandrum Posts: 1,124 Thanked: 794 Times	Re: The Official Fuel Prices Thread The petrol price in Trivandrum is 'supposed to be' Rs 67.89 per liter, but I see higher amounts in many bunks. Recently I filled from a bunk at Rs 67.93 per liter (and even had an argument with the attendant). How to get this corrected (other than using the contacts at the bunk)?
	() Thanks

9th December 2014, 19:07	#4356
Chetan_Rao Team-BHP Support Join Date: Jul 2010 Location: Bangalore Posts: 5,879 Thanked: 24,039 Times	Re: The Official Fuel Prices Thread It isn't always a minor difference either. On a recent road trip, I filled up at an IOCL outlet en-route to Malegaon (MH) for 69.xx/ltr. The BP bunk a few hundred meters down the road was retailing petrol at 72.xx. I do agree it's just the fake 'we're not a cartel' hogwash.
	() Thanks

9th December 2014, 19:43	#4357
autobahnjpr BHPian Join Date: Dec 2014 Location: Jaipur, Noida Posts: 318 Thanked: 1,123 Times	Re: The Official Fuel Prices Thread In addition to the price of the fuel, equally important is the quantity and quality of the fuel. Most of the pumps cheat the consumers on this account in connivance with the people who are entrusted to keep check. There are many videos where only air is pumped out and the fuel meter goes on ticking. I try to stick to one or two pumps based on the fuel average i am getting for the vehicle. Even on highways, i try to stick to few pumps. One good indicator on highway pump is the number of trucks lined up for re-fuelling. On the price front, i wish government passes on the benefit to the end consumers.
	() Thanks

12th December 2014, 00:58	#4360
selvagp BHPian Join Date: Dec 2013 Location: MAS - Chennai Posts: 87 Thanked: 57 Times	may I ask, historically what was the price of petrol / diesel in ₹ terms when crude oil was around $64 ....
	() Thanks

12th December 2014, 22:12	#4364
longhorn Senior - BHPian Join Date: Nov 2009 Location: Chennai Posts: 1,523 Thanked: 1,541 Times View My Garage	Re: The Official Fuel Prices Thread Oil hits lowest in more than 5 years at $63 on supply glut. Let's see what the govt plans to do in a couple of days. http://timesofindia.indiatimes.com/b...w/45492682.cms
	() Thanks

12th December 2014, 22:35	#4365
AshBabu BHPian Join Date: Nov 2014 Location: Chennai Posts: 176 Thanked: 240 Times View My Garage	Re: The Official Fuel Prices Thread I read in news today that Oil prices and tobacco prices will come under GST and almost agreement has been reached between Center and States. Will this mean that uniform tax will be levied on petrol/diesel throughout the country? No extra taxes will be levied by the states?
	() Thanks