Petrol @ 61!!

Yes that’s the price of petrol which I have to pay to drive in Nagpur! This may be the costliest petrol price in the country actually.

Now let me explain you how is it so costly. Well the actual price of petrol is somewhere around 58 in this city, but recently I haven’t found a single petrol pump selling normal petrol at that price.All the petrol pump owners say that no Petro company’s are supplying them ordinary petrol, so that means everyone forcefully has to buy branded petrol like Speed,Power etc.So now the price of petrol is fixed at 61!!

And guys, do you know where is the cheapest petrol available outside India? Well its Venezuela.. and guess what how cheap is it? Its priced at 2.12 rs a litre!! 2.12… cheaper than coke!...branded water bottle!! Oh how must be the Venezuelans enjoying!! Other countries having cheapest petrol are Saudi Arabia and UAE paying 5 and 16 respectively!! Even our neighbours Pakistan and China pay less than what we do!

Everybody knows that Petro prices will zoom ahead again in future, but what worries me is that half of the available petro stock in this world has already been consumed!! And countries like USA and Russia have decreased the ouput in their respective countries so that it can be saved for future. We Indians are in for big trouble!! We are already getting petrol and diesel at subsidized rates and all the companies are making losses. One way to make for the loss would be to sell diesel at the price of petrol for vehicles which are not used for transport; which I know is difficult to implement.

So lets start praying that either the Nuclear treaty is signed or something is done about the Gas pipeline from Iran!! But still the future looks grim for another 10-15 years coz it would take years to actually benefit us. Time for Bullock carts…eh

And guys... let me know the price of petrol in your city!!