[LIFE HEDGER]

Originally Posted by sahilgoyal

all said and done .. why blame the oil companies for the hike. what will a day of boycott do ... companies are themselves finding it difficult to live up to high international prices?

Instead of boycotting ... reduce the dependence on petrol.

@LIFE.. i am waiting for the indian context of yours.. ur above post was ver informative... though a bit long

well
hi sahil....
mate u r rite...........why to blame companies!!!??
they have no fault of their own.......................!
they are public sector undertakings.............otherwise................ ..instead of debating against price being 45-50rs........we would have been debating.. n protesting for improv public transport the country over!...coz the petrol price would have been no less than 80-85 rs.....same for diesel.50 odd
we would have had no choice but for.....???!!!!!.!!!!!!............

its coz we are a developing nation....with r eye on global world that we can't let inflationary pressures....... n balance of payments to go adverse.......coz ultimately.....that expenditure by public means reduces investment....or reduced savings in economy due to lower after needs disposable income!
the kind of subsidies that IOC the biggest revenue generating indian co/ yes bigger than ONGC..also.....makes losses...shares burden worht 14000crore anullay....thats wierd......!!these eq.. will change.....with more differntiation.... n integration.....chipping in...inte. i mean megers of biggies among themselves....
me being a paasionate follower of markets can't tell how RIDICULOUSLY priced ONGC has been over the years........same co/ in USA would be far more richer in terms of market capatilisation........
all they get is DESIGNER tax cuts...my own term!!!!

why should a well off indian.....sayme..u .or sahil...complain.....if u r reaping the benefits of economy..earning...spending on that weakend..on that pathetic kareena movie ........or yoga n health clubs......then why not to dole out these extra bucks........after allthis is ur way of enriching country via these PSU's
if they are heathy..........country will be.....we will be!
oil demand is no joke..... or choice opinion.........
u need it ..... n u need it story finish...

the govt gives us 300 rs approx subsidy for LPG .....san which u will be wondering if u really do need to cook 3 times or is it a luxury

the point at last is ..............that we are not dicataters.......we are followers of wat others are doin ...ie...OIL nations..............atleast thanks that r govt has reserves gallore to afford it first... n then give it to u n me at reduced prices.......................this is DEMOCRACY....mechanics at work.......in a economically sensitively placed emerging nation.

as sahil said...alternate fuels is ned n the world is marching in that direction.........the new word is ETHANOL....n india may be blessed to have it since its a byproduct of mollases...(sugar thing)...apart from brazil...chile...n etc which i i donot 9.
...
.
will stop for now
as the views are solely mine.............there may be error of judgement....
cooperate..! i am still a sudent learner.............
but a compulsive....commentator..........rather addictive
hedger

[Mackenna]

..alternate fuels is ned n the world is marching in that direction.........the new word is ETHANOL....n india may be blessed to have it since its a byproduct of mollases...(sugar thing)...

Heard about Jetropha...? .....the wonder plant which can yield bio diesel? Indian Railways has started plantations of that all along their railway lines....to be used as an alternate fuel.

[Mars]

Originally Posted by Mackenna

.
Heard about Jetropha...? .....the wonder plant which can yield bio diesel? Indian Railways has started plantations of that all along their railway lines....to be used as an alternate fuel.

is it? where is this done??would like to know more about this..

[sahilgoyal]

Originally Posted by Mars

is it? where is this done??would like to know more about this..[/b]

mainly in tamil nadu and chattisgadh.

http://www.chennaionline.com/science...03railways.asp

[sahilgoyal]

@life ... ur view point is right and is on the same lines ... wat i have been saying. good that u elaborated it further... with good inputs regarding the stock market.

unfortunately no one has come out against the fuel price hike... wud have been an ineterestig debate then.

ps... why do u put a disclaimer below every long post?

[Abhishek Jha]

The rise in petrol prices has much to do with the gargantuan increase in the oil consumption by econiomies like China. The demand is getting so huge that it oil comapnies are fervently looking out for more oil exploration areas at frenetic pace .
Further there is a different angle to price hike. The government policies and it's say in oil diplomacy across the globe is something which raise eyebrows.

abhishek

[aspire]

Originally Posted by sahilgoyal

Its high time we reduce our dependence on personal transport and make public transport the no1 choice for people. Instead of stop buying petrol .. stop using your cars and travel by bus/train ... i know its tough ... but atleast the young can!!

@sahil .. good post

And I do agree with u , that public tranport should be used more nowadays , specially with the metro coming up , I bet that expense on fuel must have gone down considerably ... now the prob with buses is that , they are considered to be too common class by those who drive to work ... considered to be shameful to be seen in a blue line
Delhi government has made some attempts to change the image of the buses , by starting some cool new buses ..

I would suggest some new ac buses on dedicated routes to be launched , let the ticket be priced higher , say 50% more .... and make no standing a norm .. so that the journey is comfortable for .. and if its comfortable once , the person will think of coming again ....

regards

shailesh

@sahil and amit , server crash karwake hi chaddoge

[sahilgoyal]

Originally Posted by aspire

I would suggest some new ac buses on dedicated routes to be launched , let the ticket be priced higher , say 50% more .... and make no standing a norm .. so that the journey is comfortable for .. and if its comfortable once , the person will think of coming again ....

i think we shud take a clue from mumbai in trhis regard, they have AC buse which are pretty comfortable.

In delhi we used to have chartered buses ... but due to rising salaries and the bpo culture .. ppl have started moving to cars.... dont see much of them now.

[amitnsitian]

Originally Posted by aspire

And I do agree with u , that public tranport should be used more nowadays , specially with the metro coming up , I bet that expense on fuel must have gone down considerably ...

it has brought out a new problem of electricity consumption in a state which falling short of electric supply for domestic consumption

Originally Posted by aspire

now the prob with buses is that , they are considered to be too common class by those who drive to work ... considered to be shameful to be seen in a blue line Delhi government has made some attempts to change the image of the buses , by starting some cool new buses ..

I would suggest some new ac buses on dedicated routes to be launched , let the ticket be priced higher , say 50% more .... and make no standing a norm .. so that the journey is comfortable for .. and if its comfortable once , the person will think of coming again ....

but this is not possible in all the cities. for example, in mumbai roads are so cramped, it is virtually impossible to add to the existing flleet

Originally Posted by aspire

@sahil and amit , server crash karwake hi chaddoge

aap bhi ho is team main ab to

[amitnsitian]

Originally Posted by sahilgoyal

i think we shud take a clue from mumbai in trhis regard, they have AC buse which are pretty comfortable.

but they are very expensive..not everyone is able to afford it

moreover, AC consume more fuel, so they will become costlier now. in the end, ppl have to shell out even more..so acc to me car pool is the best way to cut down on fuel consumption