Petrol price ? - xBhp.com : The Global Indian Biking Community

pulsar_flame · 11-13-2008, 11:38 PM

guys today oil per barrel is only 50 $ our govt is still not slashing the fuel price's..if they slash by a luck how much should they slash ? i would say 47rs now currently petrol cost in chennai is 55.07 rs !

Aryan · 11-14-2008, 07:36 AM

Off Topic Approved.

The Government has already said that there won't be any cut in fuel prices!

onlinesatish · 11-14-2008, 08:22 AM

I wish they rather not cut the fuel prices soo soon!

sam92 · 11-14-2008, 08:35 AM

Quote:

Originally Posted by onlinesatish

I wish they rather not cut the fuel prices soo soon!

having extra money satish ?

this is useless .. its better to give up hopes rather than discussing about it

nitrosatya · 11-14-2008, 08:51 AM

There will be a price cut only when the oil companies nullify the loss that they were facing. Only if the low price continues for 6 months or so!

pk28.karthik · 11-14-2008, 11:52 AM

relaxing the petrol prices by two or three rupees will be good. that way janata will be happy and the oil companies can look to fill their losses. then on they can slash the price accordingly.
the other thing we have to look at is the dollar rate as well.

mithun.08 · 11-14-2008, 11:56 AM

They will slash the petrol price before the election i.e next 2 months may be for sure.. And yes reducing it by 2-3 Rs will be good for us and petroleum companies also

pk28.karthik · 11-14-2008, 12:11 PM

sorry if it is out of topic

Has SHELL reduced the fuel prices? and what are the current prices they are selling at?

Aparajith · 11-14-2008, 02:22 PM

We are here talking about our Govt. reducing fuel prices, while the middle-east countries producing oil(called OPEC or whatever) are worried that the price per barrel is falling. I read in paper a few days back, that they were even holding discussions to reduce oil production, so that the demand stays high and the result of which is high oil price per barrel.

Answering to the query, I guess there will not be a reduction anytime soon; atleast not until the oil companies recover their sustained losses. Even if it is going to be, it will only be just before the election.

kriss · 11-14-2008, 02:34 PM

Quote:

Originally Posted by mithun.08

They will slash the petrol price before the election i.e next 2 months may be for sure.. And yes reducing it by 2-3 Rs will be good for us and petroleum companies also

This would be a gamble at the time of elections if the oil price still go with the same rate till next 3-4months. Definetely there would be a price reduction for some 2-4 rs....

This would help UPA for their elections to some extent.(may be).

Quote:

Originally Posted by Aparajith

We are here talking about our Govt. reducing fuel prices, while the middle-east countries producing oil(called OPEC or whatever) are worried that the price per barrel is falling. I read in paper a few days back, that they were even holding discussions to reduce oil production, so that the demand stays high and the result of which is high oil price per barrel.

Then didnt you read about industrail recession from feb 09 ??

11-13-2008, 11:38 PM	#1 (permalink)
pulsar_flame Senior Member Join Date: Feb 2003 Location: chennai, tamilnadu, India. Posts: 630	Petrol price ? guys today oil per barrel is only 50 $ our govt is still not slashing the fuel price's..if they slash by a luck how much should they slash ? i would say 47rs now currently petrol cost in chennai is 55.07 rs ! __________________ pulsar 150 - 02 unicorn150 - 04 apache150 - 06 cbz ext - 08 Yzf R15 - 09 ninja 250 - 10 Twister - 11

11-14-2008, 07:36 AM	#2 (permalink)
Aryan Senior Member Join Date: Jan 2006 Location: New Delhi/ Shillong Posts: 18,274	Off Topic Approved. The Government has already said that there won't be any cut in fuel prices! __________________ ...in search of that perfect world - My Travel Blog :)

11-14-2008, 08:22 AM	#3 (permalink)
onlinesatish Senior Member Join Date: Feb 2006 Location: Hyderabad Posts: 3,203	I wish they rather not cut the fuel prices soo soon! __________________ Passion Guy : Moron am insane than u r.....look i ride with my head turned 00 Bajaj Chetak 02 HH CBR 100RR 07 RTR 160 09 Pulsar 220 10 Rx 135 4Spd 07 HH Zma 11 Honda Aviator DLX 08 Yamaha R15

11-14-2008, 11:56 AM	#7 (permalink)
mithun.08 Senior Member Join Date: Jan 2007 Location: Bangalore Posts: 816	They will slash the petrol price before the election i.e next 2 months may be for sure.. And yes reducing it by 2-3 Rs will be good for us and petroleum companies also __________________ ShoGun -- Offerings to the GOD of SPEED My Life on 2 Wheels :)

11-14-2008, 02:22 PM	#9 (permalink)
Aparajith RIP Kriss :( Join Date: Jan 2007 Location: Chennai Posts: 1,866	We are here talking about our Govt. reducing fuel prices, while the middle-east countries producing oil(called OPEC or whatever) are worried that the price per barrel is falling. I read in paper a few days back, that they were even holding discussions to reduce oil production, so that the demand stays high and the result of which is high oil price per barrel. Answering to the query, I guess there will not be a reduction anytime soon; atleast not until the oil companies recover their sustained losses. Even if it is going to be, it will only be just before the election. __________________ Democracy is when 2 wolves and a sheep meet to decide who is for dinner. Liberty is when the sheep has a gun.

11-14-2008, 08:51 AM	#5 (permalink)
nitrosatya Senior Member Join Date: Sep 2006 Location: Beijing,China Posts: 1,540	There will be a price cut only when the oil companies nullify the loss that they were facing. Only if the low price continues for 6 months or so!

11-14-2008, 11:52 AM	#6 (permalink)
pk28.karthik Senior Member Join Date: Sep 2008 Location: Bangalore Posts: 252	relaxing the petrol prices by two or three rupees will be good. that way janata will be happy and the oil companies can look to fill their losses. then on they can slash the price accordingly. the other thing we have to look at is the dollar rate as well.

11-14-2008, 12:11 PM	#8 (permalink)
pk28.karthik Senior Member Join Date: Sep 2008 Location: Bangalore Posts: 252	sorry if it is out of topic Has SHELL reduced the fuel prices? and what are the current prices they are selling at?

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