Petrol price hike

India
May 25, 2012 4:11am CST
The price rise per liter of petrol is 7.50 rupees suddenly, all say this is the highest ONE TIME rise in last 50 years; earlier there were several hikes but at steps of rupees one to three. Several petrol pumps (gas stations) were seen to be closed to avoid the rush of people to buy petrol. Well how much one can store? The price now is almost same as edible oils we use in kitchen. There were demonstrations riots, today the price in Kerala and Utarrakhand was reduced by two rupees, there will be bandhs, strikes, public property will be destroyed; again there will be reduction by a rupee or two. These are all political gimmicks by the corrupted politicians who came to power recently. Just foul play. People who used petrol car, bikes, scooters will use whatever may be the price, am I right? [b]When I started using my Rajdoot motor cycle the price was 0.94 rupee only, now it is almost 80 times (including Mobil cost added to petrol); but I have to use. Today I have filled 5 liters in my scooter tank, it lasts one month. [/b] This rise will increase cost of transportation, so taxi fare, auto rickshaw fare will increase, and ultimately price of all commodities will increase. [b]What is the situation in your place/country is there frequent price rise? How much petrol your car/bike/scooter needs per month and how much you pay? Do public protest it, if so how? Is there bandh, strikes? Please share your experience and comment on this. Thanks in advance.[/b] Prof.Dr. B.Saraf. PhD 25th May 2012. [i][/i]
5 people like this
12 responses
@ravisivan (14055)
• India
25 May 12
Professor Sir: As an educated person interested in economics I will agree with the view that increase is inevitable. But as a user of petrol for my scooter my expenses will go up by minimum 150 per month. this cannot be avoided by us. may be instead of going three times to a temple I may go once or twice. It is the middle class like us which is affected too much. Neither we can avoid the comforts nor use it willingly.
1 person likes this
• India
31 May 12
Ravi bhai Scooter is not comfort but necessity for persons like you and me; my son is here, he came from Hyderabad you know that, he had put 3 litres of petrol and kept it in lawn, no shade there; today is BHARAT BANTH, I wanted to go to Samleswari temple for darshan and to draw money from ATM counter there; am sad, almost all petrol has evaporated, as pumps are closed we can't put petrol there
@ravisivan (14055)
• India
31 May 12
Professor Brother: Thanks for the reply. Will petrol get evaporated when petrol is kept in closed petrol tank? May be that is why in my scooter also mileage I get is not good because I do not run the scooter for a long distance every day. good day.
@thesids (22358)
• Bhubaneswar, India
31 May 12
@professor: Sir, I would agree with ravi ji, he is right. and you have also some problems earlier. Last year - the summer and the scooter drive to your guruji had you ill for a few days. I remember kalyani mam posting that discussion and letting us know. @raviji: Yes, older scooters (not the new ones like scooty etc) have this problem of petrol getting evaporated. That happens because of their locking system. We had one scooter until a few years back and it was older bajaj chetak. It too had this problem and hence I can say that. We had to get its tank cover changed - as that time, newer models of chetak had arrived. Since the change the problem stopped.
@Lakota12 (42684)
• United States
25 May 12
Gas prices also food prices have been going up here for years where we used to pay around $100 for 2 weeks of food is now almost $300 every 2 weeks Gas goes up and down was close to $4 then went down to $375 now back up to $385 and summe r hasnt started yet with vacations planed no tell ing where the price wil be then. And really all we need to do is make Government open up our wells and produce it so prices woud go down
1 person likes this
• India
31 May 12
Sister Lakota Am happy to see a response from you after long gap; so this price rise is universal lol
@arunr175 (1679)
• India
25 May 12
There was harthal yesterday in kerala regarding the price hike, but it wouldn't do anything to reverse the hike of price rise in petrol/diesel. Consistent protest till the price is reduced should take place, otherwise this would keep on going from our government ...
@ravisivan (14055)
• India
25 May 12
arun yes yes. such demonstrations may not yield any positive results. but in the end government may reduce two rupees.
2 people like this
• India
31 May 12
Ravi bhai and arun, I agree with you, they are fooling us
1 person likes this
@asliah (11148)
• Philippines
8 Oct 12
hi, that is one of our problem here in my country most of the people are those who have a private vehicle and of course those people who are riding at public vehicle usually worker because for sure the price of fare will increase too but the salary is not.
1 person likes this
• India
10 Oct 12
there is a hike again by 2 rupees yes i have faced problem, while in davao
@dorannmwin (36698)
• United States
30 May 12
The price of gasoline here fluctuates and it sometimes fluctuates wildly. With that said, here recently, it has been going down some and that is something that I am very thankful for. Of course, that doesn't mean that I am not thinking about ways that I will be able to have a vehicle that uses less gasoline than what we have been using in the past. Right now, we are running a single 4-cylinder car for family travel and my husband has a moped that he uses to get to and from work.
1 person likes this
• India
31 May 12
I was thinking here in india we face, but now i know it is global issue.. thanks for sharing
@tigeraunt (6331)
• Philippines
27 May 12
the first that gets the blow are the public utility drivers hence there is sometimes a nationwide transport strike. but during strikes, it is usually the people who needs the ride to be able to get to their offices not the government is affected. hence nothing comes out of it. there are inventions where water and other commodities could be used instead of gasoline. i think that should be used too. but government would not support. why? because they will not earn. such a sad sad world. ann
1 person likes this
• India
31 May 12
Sweety There are alternative engines right, but govt does not give permission for manufacturing Today is INDIA BANDH, Subash is in home, he lost 1000 rupees towards today's salary
@AmbiePam (50083)
• United States
27 May 12
My sweet had pays for the gasoline in my car. I'm on disability, and he worries about how much money I have to take care of myself. But because gas keeps getting higher and higher, I use a lot of my online rewards to cash in for a gasoline card. Usually it is only worth ten dollars, but ten dollars is better than nothing.
1 person likes this
• India
31 May 12
I have also some physical disability, govt gives concession in train and bus fare only, none in flight though, since last 20 years i hear that govt will give petrol at subsidized price, but none yet Thanks for the information..
1 person likes this
@sukumar794 (5047)
• Thiruvananthapuram, India
26 May 12
The hike(unnatural for that matter) in price of petrol is likely to have unholy repercussions.It will definitely have an adverse effect on the price spiral. Life which is already worsened would become much more arduous and troublesome.
1 person likes this
• India
31 May 12
It will affect so many things in so many ways..
@kingparker (9698)
• United States
25 May 12
Honestly, for the last 2 months, the gasoline price was almost up to $4.00 per gallon, that is U.S. dollar. But after several adjustments, or maybe because our government willing to open up the drilling in several states, and we have enough reserve etc....... So, now our gasoline price is slightly dropped continually, the public price per gallon is around $3.33 per gallon. I have to drive a long way to work, so, if I filled up 11 gallon full in my car, it might last long about a week. So, I usually fill up my car once a week though.
1 person likes this
• India
31 May 12
I think that is cheaper compared to ours, thanks for the information
@venkit (2957)
• India
25 May 12
Surely, this rise is very big. Not at all acceptable. Here in kerala, we had a bandh yesterday from CPM and BJP. Governement should not have given the power for petroleum companies to decide the price.It is the worst ever decision taken by this UPA governement. Petrol price hike will make price hike every where. Now following this diesel price will be hiked, then LPG and so on. The petroleum product price hike will increase transportation charge and it will reflect in price hike of everyday living. So Government should have kept the control on the key product like petrol diesel and so on.
1 person likes this
• India
31 May 12
I agree with you venkit But i don't think govt will do any thing
@thesids (22358)
• Bhubaneswar, India
25 May 12
Namaskar Sir Unfortunately everyone here knows that the "Common Man" whom the Government says to be so very much concerned about, has no role to play and is a mere scapegoat for all. Earlier when the prices of pulses had risen to more than double, there was a lot of hue and cry. But even after two long years, the prices stay to that almost double. The sellers know that whatever, the average Indian would not stop eating and if they can sell at higher prices and find buyers, why decrease the prices... Unfortunately government still is silent on that price. A few weeks back, there was a buzz here that prices of petrol would rise by INR 9.00 and they have now risen by 7.50 INR. As you rightly say, the government knows that those who need these fuel will not think of putting the vehicles in the garage. So it is a no loss situation for the Government. I am of the belief that some good Corporates would have bribed the Government to increase the costs so that all (the corporate and government) can benefit mutually... (remember what happened with that plastic casing to paper casing of gutkha and other sachets - they were sold in black abut 6 times their printed price for months and the plastic ones are even available today in the market)
1 person likes this
• India
31 May 12
You are very very right Sidartha beta The money given by them to the party fund has to be recovered; a politician said ; it is always a secret agreement
@surekharathi (14134)
• India
25 May 12
Yes uncle I also feel these are all political gimmicks by the corrupted politicians. Most of the persons is not understand how can hike the price directly 7.50 . In big cities the vehicle holder facing big problem and mostly middle class bear the loss of this price. I not understand why Indian politician are corrupted why they not think about poor public. They knows no one can live without gas or vehicle so every time try to hike the price of both.
• India
31 May 12
Surekha beti The nasty politicians can do any thing, today is BHARAT BANTH, no worker came to my home for renovation work, who will bear the loss?