The Official Fuel Prices Thread

inferno · 4th June 2008, 12:45

Govt hikes prices of petrol by Rs 5/L and diesel Rs 3/L- Oil & Gas-Energy-News By Industry-News-The Economic Times

its out now... just 5 mins ago

vvnagan · 4th June 2008, 12:45

This was expected. But LPG is the big shocker. Will hit the weaker sections again.
OT, will the fuel prices ever cool down? Or will OPEC exercise its muscle to control production, keeping demand high, thus ensuring that more dollars flow into the middle east?

Although the price hike was expected, the LPG increase is a shocker. will heat the weaker sections again. Is there any chance of oil prices cooling down? Or will OPEC flex its muscles to ensure that the demand stays high and more petro-dollars flow into the middle east.
I completely agree tsk1979. But will the oil companies and the auto companies allow alternate fuels to emerge, as it will sound the death knell for them?

suvi · 4th June 2008, 12:57

I commend the idea of restricting subsidized LPG cylinders to 8 per year. this will prevent misuse

Sam Kapasi · 4th June 2008, 13:03

ash we have a thread for this already

http://www.team-bhp.com/forum/indian...ce-thread.html

nicejits · 4th June 2008, 13:04

so in Mumbai it will be 55.50 ( Nomal Petrol ), I guesss its time for me to swith on CNG ( my run is 58km daily) ( out of topic : Last week have Seen SX4 at CNG Pump for refilling )

ashthedivx · 4th June 2008, 13:09

Quote:

Originally Posted by Sam Kapasi

ash we have a thread for this already

http://www.team-bhp.com/forum/indian...ce-thread.html

Moderators kindly merge in the same !!

Nikhilb2008 · 4th June 2008, 13:09

I just brimmed my bike yesterday with 17 litres of fuel

. Good timing I guess...

Speed used to cost 56 in B'lore. Now, it might go upto 63 or so.

benbsb29 · 4th June 2008, 13:09

Damn! Yet another one. The hike on petrol is quite steep. The wise men are those who bought diesel vehicles.

given2fly · 4th June 2008, 13:10

Good decision. It was long due. No matter what hue and cry may follow, it was due to help the IOC, HP & BPCL survive.

ashthedivx · 4th June 2008, 13:11

Quote:

Originally Posted by nicejits

so in Mumbai it will be 55.50 ( Nomal Petrol ), I guesss its time for me to swith on CNG ( my run is 58km daily) ( out of topic : Last week have Seen SX4 at CNG Pump for refilling )

You are talking about SX4, i can show you hundreds luxury car fleets running on CNG in Delhi which includes even mercs and camrys.

lohithrao · 4th June 2008, 13:16

I there are few threads on the same topic??

anyway i thought it would be 3 till this morning for petrol:(

Technocrat · 4th June 2008, 13:18

Thanks Sam.

Hi All please use the thread posted by Sam for further discussions

Thread Closed

lohithrao · 4th June 2008, 13:22

all automobile lovers....either equip your selfs to earn more or find a nice parking space!

lohithrao · 4th June 2008, 13:23

I thought it would be 3rs hike on petrol... 5 is gona pinch:(

suvi · 4th June 2008, 13:25

Is our Petrol having 5% ethanol?

4th June 2008, 12:45	#511
inferno BHPian Join Date: Jul 2007 Location: Delhi Posts: 208 Thanked: 4 Times View My Garage	Govt hikes prices of petrol by Rs 5/L and diesel Rs 3/L- Oil & Gas-Energy-News By Industry-News-The Economic Times its out now... just 5 mins ago
	() Thanks

4th June 2008, 12:45	#512
vvnagan BHPian Join Date: Jun 2008 Location: Bangalore Posts: 98 Thanked: 20 Times	This was expected. But LPG is the big shocker. Will hit the weaker sections again. OT, will the fuel prices ever cool down? Or will OPEC exercise its muscle to control production, keeping demand high, thus ensuring that more dollars flow into the middle east? Although the price hike was expected, the LPG increase is a shocker. will heat the weaker sections again. Is there any chance of oil prices cooling down? Or will OPEC flex its muscles to ensure that the demand stays high and more petro-dollars flow into the middle east. I completely agree tsk1979. But will the oil companies and the auto companies allow alternate fuels to emerge, as it will sound the death knell for them? Last edited by Technocrat : 4th June 2008 at 13:19.
	() Thanks

4th June 2008, 12:57	#513
suvi BHPian Join Date: Jan 2008 Location: Bangalore Posts: 121 Thanked: 6 Times	I commend the idea of restricting subsidized LPG cylinders to 8 per year. this will prevent misuse
	() Thanks

4th June 2008, 13:03	#514
Sam Kapasi Distinguished - BHPian Join Date: Jul 2005 Location: Mumbai (but wat Posts: 6,997 Thanked: 2,364 Times View My Garage	ash we have a thread for this already http://www.team-bhp.com/forum/indian...ce-thread.html
	() Thanks

4th June 2008, 13:04	#515
nicejits BANNED Join Date: May 2006 Location: Mumbai ( Borivali ) Posts: 328 Thanked: 0 Times View My Garage	so in Mumbai it will be 55.50 ( Nomal Petrol ), I guesss its time for me to swith on CNG ( my run is 58km daily) ( out of topic : Last week have Seen SX4 at CNG Pump for refilling ) Last edited by nicejits : 4th June 2008 at 13:05.
	() Thanks

4th June 2008, 13:09	#517
Nikhilb2008 Distinguished - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 5,168 Thanked: 9,540 Times	I just brimmed my bike yesterday with 17 litres of fuel . Good timing I guess... Speed used to cost 56 in B'lore. Now, it might go upto 63 or so.
	() Thanks

4th June 2008, 13:09	#518
benbsb29 Team-BHP Support Join Date: Nov 2006 Location: Brisbane Posts: 9,892 Thanked: 12,602 Times View My Garage	Damn! Yet another one. The hike on petrol is quite steep. The wise men are those who bought diesel vehicles.
	() Thanks

4th June 2008, 13:10	#519
given2fly BHPian Join Date: Oct 2007 Location: Pune Posts: 213 Thanked: 0 Times	Good decision. It was long due. No matter what hue and cry may follow, it was due to help the IOC, HP & BPCL survive.
	() Thanks

4th June 2008, 13:16	#521
lohithrao Senior - BHPian Join Date: Feb 2007 Location: Kudla/Mangaluru Posts: 3,204 Thanked: 225 Times View My Garage	I there are few threads on the same topic?? anyway i thought it would be 3 till this morning for petrol:(
	() Thanks

4th June 2008, 13:18	#522
Technocrat Distinguished - BHPian Join Date: Feb 2004 Location: GTA Posts: 14,814 Thanked: 2,697 Times	Thanks Sam. Hi All please use the thread posted by Sam for further discussions Thread Closed
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4th June 2008, 13:22	#523
lohithrao Senior - BHPian Join Date: Feb 2007 Location: Kudla/Mangaluru Posts: 3,204 Thanked: 225 Times View My Garage	all automobile lovers....either equip your selfs to earn more or find a nice parking space!
	() Thanks

4th June 2008, 13:23	#524
lohithrao Senior - BHPian Join Date: Feb 2007 Location: Kudla/Mangaluru Posts: 3,204 Thanked: 225 Times View My Garage	I thought it would be 3rs hike on petrol... 5 is gona pinch:(
	() Thanks

4th June 2008, 13:25	#525
suvi BHPian Join Date: Jan 2008 Location: Bangalore Posts: 121 Thanked: 6 Times	Is our Petrol having 5% ethanol?
	() Thanks

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