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Petrol prices hiked by Rs. 3 per litre

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  • #31
    We're DOOMED!!!
    ~*~*~*Wear Gear, Ride Safe*~*~*~
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    Originally posted by gsferrari
    No strangers getting intimate with our rides unless they volunteer their girlfriends/wives to get intimate with me...it amounts to the same thing

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    • #32
      Now I need to find more excuses for booking the CBR ... My father already gave me a check on the maintenance part -___-
      2011 - CBR 250R (RED, Delivered) - Happy Man! - SOLD
      2014 - Royal Enfield - Classic 500 Desert Storm - Awaiting

      iPhotograph (too!) - Giridhar Sathyanarayanan Photography

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      • #33
        once upon a time shell premium used to cost like 6 rs more than speed or power...now it's 2 rs cheaper!!.
        shell's any day better than HP or BP and bike runs 1 or 2 km further per liter.
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        • #34
          here 59rs for a liter
          A LOST RACE IS ALWAYS BETTER THAN A LOST LIMB

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          • #35
            Either i need to take out my cycle or find single young daughter of petrol bunk owner.
            There's lot to it other than saddle....


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            • #36
              Originally posted by vishnups17 View Post
              here 59rs for a liter
              it would be Rs.58 at my place.......how much hike we have to face in 2011
              Don't Honk Unnecessarily

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              • #37
                anybody knows why cost of crude oil has gone up to 90$?? a year and a half ago it was only 50$. is there a scarcity already?
                CRAP Blog

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                • #38
                  Originally posted by eliksir View Post
                  anybody knows why cost of crude oil has gone up to 90$?? a year and a half ago it was only 50$. is there a scarcity already?
                  it's quite cold in US ..... snowfall everywhere that may be one of the reason for increased oil consumption....
                  Don't Honk Unnecessarily

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                  • #39
                    in pune we have to pay 60.43 rs and i have 2stroke that mean 1l cost is 70rs god o god it suxxx yaar ,why government have too much taxes on them .i mean to say that oil compnany have lost 100thousands rs daily and the petrol pump owner get only under 1 rs profit then the hole amount goes to government.i hate the government it think about herself not public ...

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                    • #40
                      CHILL GUYS...PRICE HIKE IS ONLY APPLIED TO BP ONLY !!! HP & INDIAN OIL ETC ARE SELLING AT OLD RATES.

                      it's in newspaper and I went to an HP to fill the tank an hour ago...
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                      • #41
                        Originally posted by lockhrt999 View Post
                        CHILL GUYS...PRICE HIKE IS ONLY APPLIED TO BP ONLY !!! HP & INDIAN OIL ETC ARE SELLING AT OLD RATES.

                        it's in newspaper and I went to an HP to fill the tank an hour ago...

                        they will be rising prices too in couple of days....
                        "Biking is Divine"

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                        • #42
                          Originally posted by lockhrt999 View Post
                          CHILL GUYS...PRICE HIKE IS ONLY APPLIED TO BP ONLY !!! HP & INDIAN OIL ETC ARE SELLING AT OLD RATES.

                          it's in newspaper and I went to an HP to fill the tank an hour ago...

                          Very soon HP and other outlets will also hike because it cant be just BP else no one will go to BP
                          K.Ravi

                          Do check out my custom painted tail light in my DIY thread ;) ...

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                          • #43
                            Originally posted by JAKRAP View Post
                            Mate, as i said the tax on fuel is a different issue
                            I could ask where all these taxes are going too. Well if was able to find that out, i would be a genius.
                            Btw India is not the only country where the tax component in petrol retail price is greater than 50%. Most of the developed countries like France, Germany, Italy, Spain, UK, South Korea have greater taxes on it.

                            Since the revenue from taxes is used for budget projections and other stuff, a variable based tax rate on fuel (reducing taxes when the prices of fuel go up so that the price remains almost constant) would be an unviable solution and would actually put the government in a spot. So let the market forces determine the consumption.

                            If it gets too high, ppl would consume less fuel and focus more on green fuels. Green technology is the future and the higher prices would only aid in their development faster. Thats one silver lining on a high fuel price

                            As said before, the only thing that we should wait for is when the crude falls and see if the prices are rolled back. This would determine if the market based petroleum pricing mechanism is a farce
                            the govt is making up the losses selling diesel and lpg by hiking up the rates of petrol only. in the international market petrol and diesel sell for the same price. all those big fat suv owners (mostly politicians) are taking unfair advantage of the subsidy meant for farmers and truckers
                            pulsar 180 classic - 2001-2004
                            pulsar 180 dtsi v1 - 2004-2009
                            pulsar 220 dtsi - 2009-

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                            • #44
                              The new rates are applicable to BP from Wednesday midnight, whereas for others HP and IO it will be applicable from Thursday midnight.

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                              • #45
                                Originally posted by gautambagchi View Post
                                the govt is making up the losses selling diesel and lpg by hiking up the rates of petrol only. in the international market petrol and diesel sell for the same price. all those big fat suv owners (mostly politicians) are taking unfair advantage of the subsidy meant for farmers and truckers
                                Don't worry buddy.. even Diesel deregulation is going to happen pretty soon.. by the way.. oil prices can come down as well!! depending on crude price in market.
                                Let's bring down the monster of corruption to it's knees.. please visit http://ipaidabribe.com/

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