Do you think petrol prices will come down?

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Hike of about 8/liter has shaken the Indian community Do you think they'll reduce the prices as some sources are indicating. But the sale of cycles have gone up in last 24 hours. The cycle dealers have sold out every thing in stock and advance booking in progress. I am also going to book one today.

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[quote]I am hundred percent sure that they will reduce the prices of petrol by 2-3/ once to show the public that they care.[/quote]
This may be a politics.after reducing some they will show that they are for the people.
[quote]I am hundred percent sure that they will reduce the prices of petrol by 2-3/ once to show the public that they care.

This may be a politics.after reducing some they will show that they are for the people.[/quote]

Yes this is bad politics they are just playing with our emotions and making us fool to get votes not more than that they are least worried about common people they just know how to make money and take money from the government funds and live comfortably. :evil:
Ya you are right sanjeev they think only for there benefit.They doesn't have any mean to common people..................
If they think about common people they may not think to win elections again because they won't be able to earn money then and most of them don't like social services. :laugh:
They can not buy votes at the cost of public's interest. Therefore they should take decisions those would do good of public. General people are looking at them with expectation.
Actually Govt. has no control on it ,the system changed and oil co are doing to make more profit.In many countries still now petrol price is under 50.
I think Govt. has some power in this matter and if Govt. wants then price may be come down at some extent.............
Govt can reduce the tax or give some subsidy to reduce the cost.
As I have already indicated that prospects of fall in prices of petro products are as good as nil.Only way that a government can reduce resultant hardship is b minimizing its uses through imaginative measures.
So people have decided to use cycles, some of our local companies have issued notices to their employees to come to office by cycle. Our local pizza center would no more deliver in 20 minutes because they have stopped use of motor-bikes
Petrol is a bullet from Government Gun and it cannot be return until it attact on a target like common people.......
Petrol price are deregulated and hence market forces decide the price. The prices are indicators of market and these should remain regulated. Increase in petrol price is indicative of need to reduce petrol consumption by switching to alternative sources of energy, using vehicles economically, preferring public transport to private and other similar measures.

Petrol price hike may not be necessarily bad. Here is link:

http://in.finance.yahoo.com/blogs/economaniac/why-petrol-price-hike-good-thing-061316792.html
Thanks for sharing the link sir...........But still i think some power may be in government hand to reduce the price of petrol by 2 0r 3 rupees..........
Government may give subsidy to oil companies or pressurize them to reduce prices.

I feel that government should not give unconditional subsidy. Subsidy should be given direct to two wheeler users and small car users direct subject to income limit and number of vehicles owned.
According to experts the losses incurred were not as high as they increased the prices, those were in the range of 4-5/ but they did it intentionally to decrease later to gain political mileage.
Ya that all are the membership of oil company and government.....
Ya that all are the membership of oil company and government.....


The CM of Delhi has indicated that she will reduce the taxes for Delhi consumers but that is no solution of the problem. There are people who are living in other states also.
Government only do promise but when a time come to fulfill that promise they forget their all promise.......
Ya that all are the membership of oil company and government.....


The CM of Delhi has indicated that she will reduce the taxes for Delhi consumers but that is no solution of the problem. There are people who are living in other states also.


C.M. of Delhi is responsible only to Delhites. C.M.s of other states may reduce VAT in their states and reduce petrol price.
Diesel price is also increasing by 5 rupees and LPG by 50 :evil:

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suni51

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Created Friday, 25 May 2012 13:22
Last Updated Tuesday, 30 November -0001 00:00
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