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  • Category: Miscellaneous

    Have you noticed that with daily pricing by petrol pumps, customers are hugely benefited ?

    For the past five days, the four major oil companies are being authorized by the central government to decide their own oil pricing on daily basis and that should be announced and gets effect from 6 am daily. Consequently nearly five rupees has been benefited so far for each customer who is the regular user of petrol. Previously the oil prices are revised every two months are three months and there used to be paltry decrease of price. Now with daily pricing, we are immensely benefited. Kindly register your say on this .
  • #601315
    It is good that like gold price oil price is also fixed on daily basis by oil companies. This is a good concept. Some times customer will get benefitted. Some times vendor will get benefitted. Previously the price of fuels are being changed basing on the crude oil price. Now I don't know on what basis they change the price daily ? The author also not mentioned anything about that Probably many may be knowing about that. I missed it.
    But one thing is sure that the tax percentage will not vary. It will be constant only. Is it going to create a competition between companies. If all companies are getting the raw material at the same price on what basis they will decide on the rate? These are the questions to understand and get answers.

    Pure gold is same all over the country. But Ornament rate may vary from place to place. In Hyderabad generally ornament gold cost more than Chennai cost. But finally when you add up the total cost of ornament in all the places it will work out to be same. Like this only the fuel price reduction by Rs.5/- per litre may not be fully because of daily pricing. We may have to look into it.

    drrao
    always confident

  • #601318
    But pump owners are not happy as they are not able to make money that easily now and hence want to repeal on the matter soon.
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #601320
    Refer # 601315 - "Pure gold is same all over the country. " I do not think the price of 24 carat gold is the same all over the country. The prices vary between states and this can be checked.
    "A love affair with knowledge will never end in heartbreak" - Michael Garrett Marino

  • #601322
    Like egg rates are declared every morning the petrol rates are also declared.
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #601339
    Yes, this daily pricing of petrol has no doubt benefitted the retail customers. But we don't see any discussion in this regard in newspapers and periodicals. And television is totally silent. This is because such admission may work in favour of the present Government.
    Caution: Explosive. Handle with care.


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