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Another Fuel Price Hike ?

+5
mark
wiki
smallville
Kithsiri
sanjeewa88
9 posters

Go down  Message [Page 1 of 1]

1Another Fuel Price Hike ? Empty Another Fuel Price Hike ? Mon Mar 12, 2012 6:47 pm

sanjeewa88

sanjeewa88
Manager - Equity Analytics
Manager - Equity Analytics

There is an unofficial rumor about a fuel price hike in near future.

Diesel will be 19/- and petrol 9/- or some amount around 10/-

Government recently announced that they do not allow to any change of bus fares until to 2013.

Also they have been given a 20% increment even though the unions required a 17% increment.

Please confirm anyone knows anything regarding this.

2Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Mon Mar 12, 2012 6:53 pm

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

I was wondering are there any official rumours too?

Why to worry about things that we have no control.

We squander the chances that we can control things and they cry about is no use.

Even if it goes to Rs 200/= same number of vehicles will be on roads a day later and where people get money to meet such changes, I always wonder ! Very Happy

3Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Mon Mar 12, 2012 7:17 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Well according to the minister, 93% (or nearby figure) of our imports were from a country where US has recently put their destructive foot prints.. Discussions are still underway to import fuel from middle-east and the stocks wont last till then it seems..

Sigh!! I wonder when can the respective authorities held discussions and take an action..In near future we'll have to peddle to the work place Wink then the bicycle prices would also be doubled, better buy one now.. Wink

4Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Mon Mar 12, 2012 7:39 pm

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

sanjeewa88 wrote:There is an unofficial rumor about a fuel price hike in near future.
Diesel will be 19/- and petrol 9/- or some amount around 10/-

I dont know about this rumor but if there is a price hike Diesel price should not rise or keep to minimum

5Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Mon Mar 12, 2012 8:17 pm

mark

mark
Expert
Expert

sanjeewa88 wrote:There is an unofficial rumor about a fuel price hike in near future.

Diesel will be 19/- and petrol 9/- or some amount around 10/-

Government recently announced that they do not allow to any change of bus fares until to 2013.

Also they have been given a 20% increment even though the unions required a 17% increment.

Please confirm anyone knows anything regarding this.

when we going to shift to alternative power sources...now its becoming must..

if accidently oil prices comes down,will bus fares go down? prices of oil price sensitive consumer products go down? scratch

6Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Mon Mar 12, 2012 9:20 pm

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

What goes up has to come down one day is not applicable in Sri Lanka.

7Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Mon Mar 12, 2012 9:26 pm

vikii


Equity Analytic
Equity Analytic

me, I just hold on, the oil well support line is at 7500 (ft)! lol! lol!

8Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Mon Mar 12, 2012 10:03 pm

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Possible.

9Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Tue Mar 13, 2012 9:58 am

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics

There were couple of hints, from some politisions that the recent price hike was not enouhg to cover the current prices.

The depreciating rupee is also playing a vital part on this pricing.

I don't agree that they should not increase diesel prices but should come up with a practical, effective subsidies system for the needy parties.

10Another Fuel Price Hike ? Empty Re: Another Fuel Price Hike ? Tue Mar 13, 2012 11:29 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

What you expect from 55+ minister almost all the Govt MP's are deputy minister or some type of minister running the country?
Shame

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