Crude was costing only US$ 28 per barrel almoist steady.Then the OPEC started hiking up the price.(1)First of all why no group of countries are objecting.(2)Why the world is not putting a ban on the use of fuel for motorcar racing .As the article states why a poor country like India should embark on the costly motor car racing.(3) Why we are not going for alternate fuel like adding alcohol from Begasse(4) Why should the sales tax and central tax on petrol and diesel etc be increased as a percentage so that public has to bear the brunt and the central and state Govts enjoy the higher quantum.It should be fixed and sealed at the rateat wh9ich it was when the cruide cost was at US$ 28 and increase only at the rate of its 10% every year.(5)Why cant we stop supplying cooking gas in cylinders and supply it from bulk tanks or tanks on the 40 ft trailers through pipelines.(why we cannot try alternate fuels for cooking like orange peel fuel in places like Nagpur(6) What is the cost reduction achieved in the refineries etc.(6) why not scrap the petroleum conservation dept and form an ALTERNATE FUEL RESEARCH CELL as the conservation achieved is only on paper not real.
i always knew that the general public are being cheated by the country's politicians, especially when it comes to petrol. the politicians must all die in one go. Veeresh, this is a great opportunity to unite. please, let us do something about this. an uproar is needed!
Re: the story by veeresh@chowk.com Excellent perspective. Oil cos incurr high non-productive and wasteful expenditure. Their executives and employees exercise no austerity.
They have been spending endlessly on advertising, in a category where the consumer doesn't see a difference between petrol sold by one oil co. vs another. Why?
I Appreciate Veeresh for understanding the concerns of the denizens. Earlier people only in the middle class used to taste the soarer petrol. But now it is now bitter even for the higher class to taste the fuels. I have a few questions which are meant and have to be answered by the concerned organizations and governments Q1. When the fuel prices are shooting to the galaxy like space shuttles every now and then, why can\'t the state and central governments remove the taxes in favour of the people if they are for them. Q2. Why do these oil companies compete with each other in advertising and why can\'t they stop their useless sponsorships and save something for the citizens. Q3. Why every body from fuel outlets to the government want to make only business from us and why don\'t they have humanity. Q4. Why are these government reforms created only the salaried section. Q5. Why are people running to other countries for earning more MONEY.
IF ANY BODY CAN ANSWER THESE QUESTIONS I WILL BE THE VOICE OF THE PEOPLE
Hi, I always wonder what happens to our own crude production? What percentage is it of the total? The domestic production ought to be cheap and not subject to any import duties, blah blah. I always read that the international price of oil is this and that and so we got to pay so much....As Indians, what advantage do we get out of what crude we have in the country? Also, why compare our prices with international retail prices when our production costs are much lower even if have to import the crude at international prices? Our plants cost less to build and operate so where is the advantage that we should be getting? So all this talk of the refineries bleeding etc. is a lot of crap. The government earns tons of money from sale of petroleum at artificially high rates. Dont expect it to want people to really save on petrol, diesel etc. Notice how the wait and slow progress at Octroi and several other check posts helps us all to consume more and the government to collect more. Bad roads mean more consumption and more money in the government's hands. If we really start using less, the government's budget would go phut...
RE:why we pay so much for petrol?
by Rahul Mitra on Jul 11, 2006 05:02 AM
Shantanu deserves praise for the breakdown....However, we go wrong by tellin...'SOMEBODY* has to approach'...why can't WE approach the Apex Court...
What steps can WE take to get there or will the next best solution will be to drop the Govt ASAP!
RE:why we pay so much for petrol?
by Sumat on Jul 11, 2006 09:39 AM
Hi, The calculation that u showed considers $70/bbl which is the crude commodities price. However the oil companies generally enter long term contracts they are typically in the range of $40-$45/bbl. Which makes petrol even cheaper!
