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Petrol prices update thread

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  • Re: Petrol prices update thread

    Originally posted by princesirohi View Post
    the government is just fooling ppl, crude oil prices have fallen from approx. 100$ per barrel to approx. 50$ i.e. crude oil prices have become half in last one year, so accordingly we should also get petrol at approx. half the price as compared to that of last year.

    this government is looting public in broad daylight and nobody says anything.

    [ATTACH=CONFIG]173918[/ATTACH]
    that money was used to erase the massive losses of oil PSU's.

    govt can't loot public, govt money is public money.

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    • Re: Petrol prices update thread

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      The system of petrol pricing in India.
      The sense of freedom these two wheels give can never be matched by anything else...

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      • Re: Petrol prices update thread

        Originally posted by Boom S View Post
        that money was used to erase the massive losses of oil PSU's.

        govt can't loot public, govt money is public money.
        what is/was the subsidy on petrol/diesel ..??

        how much were the losses?, and due to what? are the losses completely erased now?
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        • Re: Petrol prices update thread

          That Excise Duty could now be reduced by Atleast 2 Rupees.
          HH Dawn - TVS Star City - Yamaha Gladiator - TVS RTR 180 - Honda CBR 250R - Yamaha R3

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          • Re: Petrol prices update thread

            Just two days ago I completed a 2400km ride from Hyd > B'lore > Ooty > Valparai > Munnar > B'lore > Hyd in 7 days.
            Entering Telangana had to refuel, and I went on seeing the price at 69.xx , having been used to sub 64 rs pricing the past 7 days on tour. No roll back of the recently increased VAT... easy way for the govt to make money.. felt insulting!

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            • Re: Petrol prices update thread

              Originally posted by s1d View Post
              Just two days ago I completed a 2400km ride from Hyd > B'lore > Ooty > Valparai > Munnar > B'lore > Hyd in 7 days.
              Entering Telangana had to refuel, and I went on seeing the price at 69.xx , having been used to sub 64 rs pricing the past 7 days on tour. No roll back of the recently increased VAT... easy way for the govt to make money.. felt insulting!
              Worry no more ,with the implementation of GST, the price difference arising due to vat variation will vanish.

              Sent from my LG-P765 using xBhp Connect mobile app

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              • Re: Petrol prices update thread

                Petrol prices cut by 80 paise from midnight.
                Source: Petrol price cut by 80 paise/litre, diesel by Rs 1.30/litre - The Economic Times
                200 | 300 | 1200 BOXER

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                • Re: Petrol prices update thread

                  Some relief at least! At least till the time I get my annual increment!
                  A bike on the road is worth two in the shed.

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                  • Re: Petrol prices update thread

                    Petrol and diesel price increased to Rs 3.96 and Rs 2.37 respectively from midnight of 30 April 2015.

                    Source: Petrol prices hiked by Rs 3.96 a litre, diesel by Rs 2.37 - The Times of India

                    ----consecutive posts auto-merged-----

                    Petrol and diesel price increased to Rs 3.96 and Rs 2.37 respectively from midnight of 30 April 2015.

                    Source: http://timesofindia.indiatimes.com/business/india-business/Petrol-prices-hiked-by-Rs-3-96-a-litre-diesel-by-Rs-2-37/articleshow/47113283.cms

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                    • Re: Petrol prices update thread

                      Quickly went to pump ,struggled through the jam and got the tank full for last time at 59xx ₹ .it was total mayhem.

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                      • Re: Petrol prices update thread

                        Originally posted by Anuj_Gupta View Post
                        Quickly went to pump ,struggled through the jam and got the tank full for last time at 59xx ₹ .it was total mayhem.

                        Atleast you saved some money

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                        • Re: Petrol prices update thread

                          Originally posted by krishna77 View Post
                          Some relief at least! At least till the time I get my annual increment!
                          Whats the current price at Kolkata?

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                          • Re: Petrol prices update thread

                            Originally posted by hypheni View Post
                            Whats the current price at Kolkata?
                            It was 66 a week ago i think .

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                            • Re: Petrol prices update thread

                              Hike of Rs.4 is too much I must say
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                              • Re: Petrol prices update thread

                                Govt didn't roll back on that massive excise hike they made when oil barrel fell to $45 from $110.. Excise Duty is now 17Rs/litre alone. There was a 3 stage hike in the last 8 months on that duty front in the name of "stabilizing GDP" and yet they don't want to roll back when the barrel prices are climbing.
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