Re: With rising fuel prices, are small capacity blown petrol engines the way forward? A welcome move if it happens, and petrol vehicles will still be in demand!!
"The government on Tuesday said that prices of petrol and other fuel could be lowered if global crude prices continue to slip further.
A fall in crude prices would also help the government bring down its subsidy bill on fuel which would help curb the fiscal deficit. The government has projected the fiscal deficit at 4.6 per cent of for 2011-12"
"Speaking on the decline, Petroleum Minister S. Jaipal Reddy also said that if the prices fall any further it will be passed on to the consumers." Govt may cut petrol, diesel prices - The Times of India
Cheers!
Last edited by volkman10 : 10th August 2011 at 11:14.
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