Rise & Fall Of Fuel Prices in India


#136
smooth rider

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Re: Fuel Prices Reaching Sky High!!

shailinder the feeling when we fill diesel at pumps is the kick, compared to the next fellow filling petrol. also the diesel cars give better mileage.
 
#137
Thetraveller

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Re: Fuel Prices Reaching Sky High!!

There are 2 points to the argument, a - indian govt can never bring the rate of diesel at par with petrol. It will create a mayhem. This country runs on diesel. Ok, we do see a million cars running on petrol, but for everything else sister fuel is used. The govt still has to run 3 more years, and if it wants to do it peacefully forget abt diesel price hike.
b - diesel cars are improving day-by-day. The engines are not as same as they used to be. In fact the newer engines are more tuned and refined. See how Honda is wandering in the world of diesel, when it has ruled the roost till now on Petrol.
With majority of cars being sold in Europe are in Diesel, I really feel that in some time we will reach there too, provided quality of fuel in India improves.
On the price front, 45% of money goes to Govt on Petrol. 28% to central, and around 17% to state.
 
#138
shailinder

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Re: Fuel Prices Reaching Sky High!!

I was searching and found following rates of petrol worldwide. Looks little old data but assuming that increase would be in the same proportinate every where. Out of 45 countries, India is at 11 number but look at the countries between 1 to 10. 3 out of 10 are Indian neighbors and others are not far off par say. [frustration]

Your comments please
 

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#139
Thetraveller

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Re: Fuel Prices Reaching Sky High!!

Thats bad!

I share your feelings. I have a Swift VXI, but the fuel costs have risen so much in last 1 or so year, that I don't think it makes any good financial sense to keep a petrol car.
 
#140
350Z

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Re: Fuel Prices Reaching Sky High!!

Sad news, Petrolheads. Just watched on TV News channel that Petrol prices are expected to increase again by Rs.1.5, next month in June.

Drive Safe,
350Z
 
#142
cooldhaya

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Re: Fuel Prices Reaching Sky High!!

I am feeling the brunt while driving my two-wheeler itself , i can't even imagine poor petrolheads driving cars! Before for 100bucks fuel in my bike i can go around 100-120kms , then it reduced to around 80KMS nowadays only 70KMS!
 
#143
thom1661

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Re: Fuel Prices Reaching Sky High!!

Avenger too it only give me 28 to 30Kmpl. running cost per km is Rs.2.34 for two persons

Scorpio 12Kmpl. running cost per km is Rs.3.34 for 9 persons

Verna 13Kmpl. running cost per km is Rs.5.58 for 5 persons

think my Scorpio is more economical.
 
#144
Marun

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Re: Fuel Prices Reaching Sky High!!

My office used to be some 50 Kms away from Chennai. So i travel 100Km a day.
I used to put petrol for 500 bucks a year back. Now cant do anything with it. 1000s or 2000s [anger]
 
#145
shailinder

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Re: Another petrol price hike soon?

truecitylover said:
India's largest oil marketing company Indian Oil Corporation has hinted that the company has a ‘desire’ to hike petrol fuel prices further by Rs. 1.35/ litre from the beginning of June 1 [frustration].

Read more at: Another petrol price hike soon?
Click to expand...
I think, these companies are minting money from the customers and we do not have a choice. While coming to office today, we were discussing and I reverted that even if they hike it to Rs.100/-, we do not have a choice.[frustration]

So, let us not break our head on something which we cannot control.
 
#146
Thetraveller

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Re: Another petrol price hike soon?

truecitylover said:
India's largest oil marketing company Indian Oil Corporation has hinted that the company has a ‘desire’ to hike petrol fuel prices further by Rs. 1.35/ litre from the beginning of June 1 [frustration].

Read more at: Another petrol price hike soon?
Click to expand...

Another price hike soon. At this rate I would have to open a charity fund to support my petrol expenses. I do around 1200 KMs in a month, and it is just turning out to be more than I get as sal [cry]
 
#147
dodge_v1per

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Re: Fuel Prices Reaching Sky High!!

Dude going by these Petrol price hikes I feel that driving even Nano or 800 will become costly affair soon..is only IOC increasing price or other petrol bunks also??
 
#148
thom1661

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Re: Fuel Prices Reaching Sky High!!

Petrol price statistics in India

old one but i did get the latest structure
'"Suppose if the petrol price per litre in Chennai is Rs 51.90, here the break-up of cost calculated by the government:

  • Basic Price = Rs 21.93
  • Excise duty = Rs 14.35
  • Education Tax = Rs 0.43
  • Dealer commission = Rs 1.05
  • VAT = Rs 5.5
  • Crude Oil Custom duty = Rs 1.1
  • Petrol Custom = Rs 1.54
  • Transportation Charge = Rs 6.00
  • Total price = Rs 51.90

So for a Rs 22 litre petrol at pumps, consumers in India pay Rs 28 tax extra.[shock]"

Why is this so can we do anything to this endless hike....[anger]
why shouldn’t the government reduce tax on fuel
 

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