Petrol prices hiked by Rs. 7.50/- effective 24-05-2012

I am contemplating 2 new diesel SUVs soon. I don't care if I take money from your tax to pay for my diesel. As long as these politicians are minting money, I don't mind taking back whatever I can. I can very well afford diesel @ 100 bucks and petrol @ 120 bucks but when a cheaper alternative is available, why should I bother?

What we Indians need to press for now is total tranparency in fuel pricing from crude to refinery to tank, else we are shooting in the dark.

 

Yes, after the dollar rate improves expect some relief on petrol prices. And in our country diesel rates will never be hiked so much.

 

I'm hearing that due to allies revolt and public as well, they are considering a 2-3 Rs drop now and the same when rupee improves.

 

I predicted this move a good 24 hours ago. Its become the norm now. Increase 2-3 rupees over what you intend to and then reduce by 2-3 rupees. The tax payers are fools anyways. Hand them a lollipop and they will continue to vote.

About this further reduction when the rupee improves. Well forget about it. It ain't happening. Neither will the rupee improve. Nor will the prices of petrol come down.

 

The rupee will improve however I too doubt the petrol pricing coming down, in our country none of the prices seem to come down, ever.

As for the 7-3 policy, I certainly hope people are no fools to go looney over the government reducing 2-3 rupees on petrol.

 

So , how serious is this 'bandh' in your city ?

I'm getting mails telling us to prep for BCP

 

Sigh, I am getting the same mileage ( 18 kmpl ) in 74 rs of petrol...

 

^^ 624cc with exactly half.. 34 bhp dude... But Ill still give ya a run for ya money on the highway!!!

 

We know. Remember the Swift DZire?

 

^^ which one??

 

Jaipur trip.

 

As I had predicted, the prices will be revised and petrol will be cheaper by 2 rupees from midnight tonight.

 

Let's celebrate, petrol sasta hogaya.

 

Noooooooooooooo,,,, not without me