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Petrol prices hiked by Rs. 3 per litre
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We're DOOMED!!!
~*~*~*Wear Gear, Ride Safe*~*~*~
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Originally posted by gsferrariNo 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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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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it's quite cold in US ..... snowfall everywhere that may be one of the reason for increased oil consumption....Originally posted by eliksir View Postanybody 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?Don't Honk Unnecessarily
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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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Originally posted by lockhrt999 View PostCHILL 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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Originally posted by lockhrt999 View PostCHILL 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 BPK.Ravi
Do check out my custom painted tail light in my DIY thread ;) ...
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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 truckersOriginally posted by JAKRAP View PostMate, 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
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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
pulsar 180 classic - 2001-2004
pulsar 180 dtsi v1 - 2004-2009
pulsar 220 dtsi - 2009-
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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.Originally posted by gautambagchi View Postthe 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 truckersLet's bring down the monster of corruption to it's knees.. please visit http://ipaidabribe.com/
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