India`s First & Only Website for Petrol Pump Users of 6 Major Cities: Find the best petrol station near your home or work. Networks of several websites that can help you find the best experience of getting your vehicles thirst quenched. When you enter information voluntarily about a petrol station you help fight against high prices, bad service, fuel pilferage and cheating. Our aim is to get the consumers of Petrol, Diesel, CNG and LPG the best service possible from petrol stations of your choice. Improvement of retail services will help both the petrol pumps to improve and customers to get a no non-sense customer service. Save Planet, Paisa and Petrol. TM
We do not have any affiliations with Petroleum companies of India or retailers/petrol pump owners or any consumer advocacy group.
Petrol Pumps Are Changing For Good:
Interactivity Offered At This Web Site:
This web site in addition to prices, provides information about all the services offered at your neighborhood petrol stations:
24 hrs pumps.
Authorized and general service stations at petrol pumps.
Available Car washes.
Car accessories shops and New Tyres availability.
Food, snack and beverage services.
Bank ATM at petrol pumps.
Bill deposit boxes, Airline tickets, Railway tickets booking, Western union money services.
Coffee Shops, Department stores, Groceries, Pharmacy shops.
Availability of CNG and LPG.
Towing Services.
Laundry Services.
In addition to all the above information, you get your own City Specific Car Sales Web Sites, so that your car advertisement would not get lost in other cities.
Totally Free information Service.
No registration required to see list of petrol pumps and features associated with them.
Registered users have power to report exact price they pay at a petrol pump & earn rewards.
Registered users can write reviews for petrol pumps of their choice.
Rate petrol pumps. You can make a difference.
1000 points will get you excellent rewards (no gimmicks) & Registration itself will get you close to rewards by depositing 500 points in your account. Your points will keep increasing as you interact more with the web site and to earn more points:
Report missing petrol pumps.
Report price you pay at the pump for Petrol. Diesel, CNG and LPG if it is not correct.
Any additional feature you see missing for a pump.
Monthly draw for each city. A cash reward of Rs 1000.00 (one thousand) for our best reporter. Its cash anyway you spend.
Compare prices in all 6-major Indian cities and within a city of all petroleum companies.
Feel good factor & contribution to society. Most important of all, help yourself and others to know more about a particular petrol pump, create awareness.
Current Fuel Prices; January 2009.
30k-cr oil bonds to wipe red ink from cos books
05 Jan 2009;economictimes.indiatimes.com:Rajeev Jayaswal:NEW DELHI: The government is working on a bailout package to prevent its three blue chip oil companies ”Indian Oil, Bharat Petroleum and Hindustan Petroleum" from closing 2008-09 in the red. The package, which is currently being worked out between the finance and petroleum ministries, proposes to provide additional oil bonds of Rs 30,000 crore to the oilcos to compensate them for losses incurred on fuel sales at government-controlled prices, a government official in the know said. According to the proposal, the government may issue bonds worth Rs 30,000-31,000 crore in the current fiscal that will absorb the OMCs entire loss including their earlier contribution of Rs 21,957 crore in the first half (H1) towards fuel subsidy. Upstream companies Oil & Natural Gas Corporation (ONGC) and Oil India (OIL) share may also be restricted to Rs 30,000 crore, most of which was already paid in H1. The total subsidy for 2008-09 is estimated at around Rs 1,06,000 crore. A proposal of the oil ministry to absolve the three public sector oil marketing companies (OMCs) from sharing underrecoveries is under consideration, an official in the finance ministry, on conditions of anonymity said, It is unjustified to ask loss-making OMCs to share underrecoveries. The three OMCs have, for the first time, reported a combined loss of Rs 14,431 crore in the first half of 2008-09. Underecoveries are losses suffered by oil companies for selling fuel at government controlled prices that do not cover costs. If the proposal is accepted, the government may have to issue additional oil bonds of worth Rs 30,000 in 2008-09. It has already sanctioned about Rs 45,000-crore oil bonds in H1. The government gives oil bonds to the state-run OMCs to partly compensate their losses for keeping retail prices of four fuels below market rates. The compensation was based on a burden sharing formula approved by the Cabinet on October 11, 2007 while extending fuel subsidy schemes up to April 1, 2010. According to the formula, 42.7% of OMCs total underrecoveries was to be borne by the government in the form of oil bonds and one-third of the total underrecoveries was to be shared by upstream companies. Due to an unprecedented jump in crude oil prices, the formula was later abandoned. The crude oil prices had peaked at $147 a barrel in mid-July 2008. Currently, global crude oil prices are hovering between $40 and $45 a barrel. The average price of the country crude oil imports (the Indian basket) has been $40.82 a barrel in December which was about $10 a barrel lower than the November average. The average crude oil import price in the first three quarters was $96.51 a barrel compared to $79.25 a barrel in the same period the previous year.
05 Jan 2009;timesofindia.indiatimes.com:Sanjay Dutta:NEW DELHI: Here's a bit of sunshine amid the forecast of economic recession continuing in 2009. You can expect fuel prices to become cheaper by Rs
10 a litre or so of petrol and remain that way through the year if the peak winter trend in the international oil market is anything to go by. Polltime political compulsions of brushing up a people-friendly image will make sure the government utilises the window of opportunity provided by oil's continued low run.
Broadly, present petrol and diesel prices are in tune with $55-60 a barrel crude level. By all indications, crude is unlikely to sustain that level this year. The forecasts range between $30 a barrel by Goldman Sachs to $43 by JP Morgan, at least in the first three months. The outlook is unlikely to change drastically in the remaining months as demand forecasts, such as the one by Deutsche Bank, too project more than a 1% decline.
The short $2 surge in the last few days, on the back of the flare-up in West Asia and Russia stoking gas shortage fears after it shut supplies to Ukraine, is temporary.
That leaves the government plenty of room to lower pump prices of at least motor fuels. Kerosene and cooking gas, however, are another story. Despite the low international crude and petro products prices, the lopsided subsidy mechanism still leaves state-run oilmarketers with a loss on these two products. The oilmarketers are earning a profit of roughly Rs 15 a litre on petrol and Rs 3 on diesel but lose Rs 17 on a litre of kerosene and Rs 148 per cooking gas refill.
No wonder, the government is reworking its arithmetic and working out another round of price cut for motor fuels -- and possibly cooking gas -- without hurting the oilmarketers too much. Last week, oil minister Murli Deora told TOI the cut could be expected later this month. Though the jury is still out, that cut could be of the order of Rs 5 a litre of petrol, Rs 1-2 of diesel and maybe Rs 20 per cylinder of cooking gas.
There may be further reductions down the road as it now looks certain that oil's heady days are over -- at least in the near future. Oil has stumped Opec's sharpest-ever production cut and failed to get excited by geopolitical events. If taken as a full-year average, crude prices have dropped 54% in 2008 from $96 a barrel to a tad above $44 on December 31. In between, of course, it created history by spiking to a little over $147 on July 11.
If anything, crude will stabilise at a level that will make a reduction in pump prices comfortable for all stakeholders. Many industry watchers say a floor will take time in coming until the market sees demand getting destroyed in a sustained fashion. At that point, prices could first level off in the upper $20-30 a barrel range before beginning to push back toward $50 in the third quarter or so.
04 Jan 2009;economictimes.indiatimes.com:KIEV, UKRAINE: A top Ukrainian official warned on Saturday that European customers could see serious natural gas disruptions in about two weeks if
the energy dispute between Russia and Ukraine is not resolved, and the Russian gas monopoly Gazprom accused Ukraine of boycotting contract negotiations. As Russia and Ukraine traded accusations in their bitter dispute over energy prices, four European nations, Romania, Hungary, Poland and Bulgaria, all reported some supply drops in natural gas on Saturday.
Gazprom cut off gas shipments to Ukraine on Thursday. Then Gazprom and Ukraine embarked on dueling charm offensives, both trying to assure western European nations that they were reliable energy partners and the fault lay with their rival.
04 Jan 2009;economictimes.indiatimes.com:BEIJING: China imported 13.1 per cent more cars in 2008 or 2.26 million vehicles, the central government said on its website (www.gov.cn) on Sunday. China's auto market, the world's second largest and one of the fastest growing, is a rare bright spot for the global automotive industry that is facing factory closures, layoffs and huge losses due to the global recession.
The statement did not provide any breakdown of the imports, saying only that the number of imported motorcycles dropped 38 percent last year to 511,740 units.
