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Petrol prices hiked by Rs. 3 per litre

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  • I wonder what we will do at that day.

    I have always read that the hydrogen has a good energy value. Why cant we use it as fuel. I know that storing it is difficult but if we can store LPG & CNG then why not hydrogen. If am not wrong then hydrogen produces a better explosion which is more than that produced by petrol. That means it produces high amounts of energy which implies its a more better fuel for our bikes & cars. Moreover its available in abundance & anyone can produce it even in their homes using electrolysis. Can any senior member share his knowledge on this.
    NOT BEEN THERE NOT DONE THAT

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    • C'mon, that's no news!!! Post something concrete; that's the blog site of our own xBhp member Payeng!!!

      Originally posted by madhav krishna View Post
      I wonder what we will do at that day.
      Nothing!!! We'll still buy petrol for Rs 100 & still ride happy.

      Originally posted by madhav krishna View Post
      I have always read that...even in their homes using electrolysis.
      Well, I'm not senior in this , but the answer is that the technology is still under R&D. One of the disadvantage is that H needs about 4 times the volume for a given amount of energy. A 15 gallon automobile gasoline tank contains 90 pounds of gasoline. The corresponding H tank would be 60 gallons, but the hydrogen would weigh only 34 pounds.

      Also, Liquid H requires cryogenic storage technology such as special thermally insulated containers and requires special handling common to all cryogenic fuels. This is similar to, but more severe than liquid oxygen. Even with thermally insulated containers it is difficult to keep such a low temperature, and the hydrogen will gradually leak away (Typically it will evaporate at a rate of 1% per day[11]). It also shares many of the same safety issues as other forms of hydrogen, as well as being cold enough to liquefy (and possibly solidify) atmospheric oxygen which can be an explosion hazard.

      Source - Google
      Skill is what keeps you on a Motorcycle
      Awareness + Skill is what keeps you out of harm's way
      ATGATT + Awareness + Skill means you might Live To Ride another day

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      • time to buy electric superbike

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        • Originally posted by ceasar View Post
          Oil major Bharat Petroleum Corporation Limited has announced a hike in petrol prices by Rs. 2.95 per litre, following a spike in international crude oil prices.

          The hike would be effective from Tuesday midnight. This would be the sixth price hike after petrol price deregulation.

          Other two state-run refiners Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Limited (HPCL) will also hike petrol prices by Rs. 2.40 - 2.95 per litre from Thursday, sources told NDTV.

          The state-run refiners had on November 9 raised petrol price by Rs. 0.32 per litre to Rs. 52.91 a litre in Delhi.

          Since June 26, when petrol price was deregulated, IOC, BPCL and HPCL have revised rates six times as crude oil has jumped from $73-74 per barrel at the time of deregulation to the current levels of $90 a barrel.

          IOC and other state retailers Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) are losing Rs. 4.17 per litre on selling petrol as raw material (crude oil) cost has climbed to $90 per barrel.

          A similar hike in diesel rates is likely to be considered by an Empowered Group of Ministers headed by Pranab Mukherjee on December 22.

          The basket of crude oil India buys was at $89.34 per barrel on Monday. It has averaged $88.47 per barrel in December as against about $79 a barrel at the time of last hike in petrol price on November 9.

          On diesel, the three firms are losing about Rs. 5 a litre. A fuel price hike was planned after the winter session of Parliament ended on December 13. The last hike in petrol price on November 9 had happened just before the winter session of Parliament began.

          If prices are not revised, IOC, BPCL and HPCL are likely to end the fiscal with close to Rs. 67,000 crore revenue loss on sale of diesel, domestic LPG and kerosene below cost. The oil retailers lose Rs. 272.19 on the sale of every 14.2-kg LPG cylinder and Rs. 17.72 per litre of kerosene.

          (With Agency inputs)


          source :Petrol prices hiked by Rs 3 per litre - NDTV Profit



          WTF! its time to go cycling !
          Petrol At Rs 14 Only


          Artificial Petrol At Rs 14 Per Litre

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          • don't be too happy since our government will not make this happen...our government earn huge profits by imposing various taxes on petrol ,diesel...
            Don't Honk Unnecessarily

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