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Petrol and Crude oil Price Incresing

Discussion in 'General Chat' started by bibinsmk, May 31, 2011.

  1. #1
    Petrol and Crude oil price is increasing day by day. This will cause the hike of all products and food materials. Hence the life is becoming hectic day by day. Now it is the time for a new beginning. Share your views and ideas to overcome this critical situation.
     
    bibinsmk, May 31, 2011 IP
  2. massjo

    massjo Active Member

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    #2
    yes in india its going to 56+ rupees.
     
    massjo, May 31, 2011 IP
  3. Seqqa

    Seqqa Well-Known Member

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    #3
    It's very simple economics. Stop buying more than is available, and it'll fall.
     
    Seqqa, May 31, 2011 IP
  4. ayushi infotech

    ayushi infotech Peon

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    #4
    i am form india chennai here last 9 months 9 times petrol price increasing i think 5 or 10 years after petrol is like gold ...
     
    ayushi infotech, May 31, 2011 IP
  5. Rajive

    Rajive Peon

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    #5
    Very Bad news ......
     
    Rajive, May 31, 2011 IP
  6. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #6
    Its better to use public transport nowadays. :)
    And if you are buying a car... Then buy a hybrid car. It will be costly than normal ones but would give better mileage.
     
    Digital_shubhi, May 31, 2011 IP
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #7
    CNG is another option but now a days they are increasing price of GAS as well :(

    DON.
     
    deluxdon, May 31, 2011 IP
  8. Meenakshi

    Meenakshi Peon

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    #8
    Petrol is getting costly rather than lives
     
    Meenakshi, May 31, 2011 IP
  9. Project Mobius

    Project Mobius Peon

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    #9
    I'm still gonna drive my car which drinks premium fuel, and planning to get a V8 gasoline powered car soon.
     
    Project Mobius, May 31, 2011 IP
  10. faik123

    faik123 Well-Known Member

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    #10
    in Pakistan 90 Rs
     
    faik123, May 31, 2011 IP
  11. bibinsmk

    bibinsmk Active Member

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    #11
    I think Lebian crisis is the main reason for current hike of price.
     
    bibinsmk, Jun 2, 2011 IP
  12. chunnumunnu

    chunnumunnu Active Member

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    #12
    56?? Its 62 to 64 Per Liter .. IN USD $1.4 / Liter(1000ml)

    Well i calculated the Total Number Amount of Crude and Total Demand : Crude will available for just next 20 years If Demand intact.

    Within Next 5 Years Crude price may reach to $200 if USD Value remain same.. If USD value decrease then it may go upto $300 to $400 per barrel.
     
    chunnumunnu, Jun 4, 2011 IP
  13. goldenpearl

    goldenpearl Active Member

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    #13
    Bad News......
     
    goldenpearl, Jun 4, 2011 IP
  14. Achiever

    Achiever Well-Known Member

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    #14
    i think that this is due to extensive use of petrol..........
     
    Achiever, Jun 4, 2011 IP
  15. krishmk

    krishmk Well-Known Member

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    #15
    Yes Crude Oil is the real killer. Spurting Oil prices is the real threat to Global economic growth. Its high time we learn to use our Natural resources wisely and carefully; else the next generations would suffer a lot.
     
    krishmk, Jun 4, 2011 IP
  16. dairyman

    dairyman Notable Member

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    #16
    It is a crude fact that we are too much dependent on the limited fossil fuel for most of our needs.

    We can use public transport, taking a vow not to drive our car / bike on Sundays, going to the nearby shop on foot, carpooling where possible, looking at the alternative, eco-friendly renewable sources of energy.

    If we have the will, we can reduce, if not altogether avoid the dependence on fossil fuels.

    In another 50 years, most of the fossil energy source will dry up...

    Time to wake up :D
     
    dairyman, Jun 5, 2011 IP
  17. capstonic

    capstonic Well-Known Member

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    #17
    Right, crude oil prices are increasing day by day.
     
    capstonic, Jun 5, 2011 IP
  18. br3adman

    br3adman Active Member

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    #18
    Thats only $1.25 USD here in Louisiana it's $3.89 a gallon
     
    br3adman, Jun 5, 2011 IP
  19. bibinsmk

    bibinsmk Active Member

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    #19
    In India Diesel price is increased 4 INR.
     
    bibinsmk, Jun 27, 2011 IP
  20. Project Mobius

    Project Mobius Peon

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    #20
    wow so expensive???!!! looks like no body will be driving in India except the super rich!!!
     
    Project Mobius, Jun 27, 2011 IP