Comments on: A possible way out to control the fuel inflation http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/ Web design and web development by inspiration Sat, 21 Aug 2010 16:42:44 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Sagar http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/comment-page-1/#comment-19871 Sagar Tue, 16 Jun 2009 12:31:46 +0000 http://www.inspiredbuddy.com/?p=36#comment-19871 Well I do agree with Rajveer here.... Except for the fact that when I have a dozen of eggs available I pamper myself with a double omlette and a bulleye topping....if i had just one i would've had no options :( The same applies for gas too... when in deep red i always take the shortest route and have mercy on the engine at lights...but when in green do i really care :) Well I do agree with Rajveer here….

Except for the fact that when I have a dozen of eggs available I pamper myself with a double omlette and a bulleye topping….if i had just one i would’ve had no options :(

The same applies for gas too… when in deep red i always take the shortest route and have mercy on the engine at lights…but when in green do i really care :)

]]> By: Rajveer http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/comment-page-1/#comment-525 Rajveer Tue, 22 Jul 2008 08:31:41 +0000 http://www.inspiredbuddy.com/?p=36#comment-525 Hey Anand, may be you are right so we should settle with the fact that Petrol pumps don’t control the price of gasoline, oil companies do. Hey Anand, may be you are right so we should settle with the fact that Petrol pumps don’t control the price of gasoline, oil companies do.

]]> By: anand http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/comment-page-1/#comment-524 anand Tue, 22 Jul 2008 05:50:32 +0000 http://www.inspiredbuddy.com/?p=36#comment-524 Suppose each person is spending Rs 1000 per week ( whether he buys daily worth 200 or at one go in a week ) And let Pump dealer is catering 10 person in a week ( total he earned 10000) So for the whole week demand supply remain same irrespective of how much you buy. Even if all 10 persons fill their tank(Rs 1000) on Monday no one will turn up by next week so to whom petrol pump owner will sell. P.S Oil is a commodity so its price "mostly" depend on supply demand ratio So better is to cut on your demand. Oil is not perishable commodities like egg. Suppose each person is spending Rs 1000 per week ( whether he buys daily worth 200 or at one go in a week ) And let Pump dealer is catering 10 person in a week ( total he earned 10000) So for the whole week demand supply remain same irrespective of how much you buy.

Even if all 10 persons fill their tank(Rs 1000) on Monday no one will turn up by next week so to whom petrol pump owner will sell.

P.S Oil is a commodity so its price “mostly” depend on supply demand ratio So better is to cut on your demand.

Oil is not perishable commodities like egg.

]]> By: Rajveer http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/comment-page-1/#comment-523 Rajveer Thu, 17 Jul 2008 07:51:44 +0000 http://www.inspiredbuddy.com/?p=36#comment-523 Kumar - Thank you for your valuable inputs and to add one more wise reason to refrain from the habit of keeping our car tanks always filled unless it is actually required. Anand - Thanks! I think you are right and even I suspect that these things are planned and obsessed on a very high level by the developed countries. But still I would say what if we imagine the big picture – think about the billions of people who keep their car tanks filled always. What if every single one of them just do it on daily basis. I think in such case it would definitely play a positive role by affecting the main cause of high level planning which causes the fuel inflation . Kumar – Thank you for your valuable inputs and to add one more wise reason to refrain from the habit of keeping our car tanks always filled unless it is actually required.

Anand – Thanks! I think you are right and even I suspect that these things are planned and obsessed on a very high level by the developed countries. But still I would say what if we imagine the big picture – think about the billions of people who keep their car tanks filled always. What if every single one of them just do it on daily basis. I think in such case it would definitely play a positive role by affecting the main cause of high level planning which causes the fuel inflation .

]]> By: anand sagar http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/comment-page-1/#comment-522 anand sagar Thu, 17 Jul 2008 06:26:43 +0000 http://www.inspiredbuddy.com/?p=36#comment-522 I doubt, this will not have much effect on oil price as price hike is driven by artificial manipulating market. Consumer spending in oil has not double in 1yr but price of oil has increase more than double. This is more of speculation done by financial group. They have to do so to avoid an economic collapse of US. The direct reason for the oil to jump from $70 to $130 is because Iran abandons US dollars as oil trade currency. To block that petro-dollar going back to US, they have to raise the oil price. US/China are hoarding oil for future. US have close down some oil well (kept its natural resouce for future use)... Same goes with steel. Chinese government has asked to import steel for olympic. (reserve natural resouce for future use). This is high level planning by develop countries. I doubt, this will not have much effect on oil price as price hike is driven by artificial manipulating market. Consumer spending in oil has not double in 1yr but price of oil has increase more than double.

This is more of speculation done by financial group. They have to do so to avoid an economic collapse of US. The direct reason for the oil to jump from $70 to $130 is because Iran abandons US dollars as oil trade currency. To block that petro-dollar going back to US, they have to raise the oil price.

US/China are hoarding oil for future. US have close down some oil well (kept its natural resouce for future use)… Same goes with steel. Chinese government has asked to import steel for olympic. (reserve natural resouce for future use).

This is high level planning by develop countries.

]]> By: Kumar http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/comment-page-1/#comment-521 Kumar Thu, 17 Jul 2008 06:07:45 +0000 http://www.inspiredbuddy.com/?p=36#comment-521 I definitely agree that inflation is basically a cause of demand > supply. This causes the market to inflate to gain bigger profits. One likes to earn and earn it better as and when market expands. We have seen that happening every days around us, not just Oil.You demand a fruit continously from a vendor, or look for a property, you would find prices soaring because demand set out is more from what it was some time back. The "out of proportion" grabbing up/piling of stuff at home is hurting yourself when thyself doesnt recognizes it sooner. Other repercussions of grabbing more than what is required : I cite an example : I rememeber an incident when a friend used to tank-full his car and it got stolen from market. The very first question police asked : how much petrol car had? He proudly replied : Tank Full. Police replied : then it must have too far without stopping anywhere. If it has stopped anywhere to fill petrol, we could have traced from petrol pimps. On a lighter note, point well taken and would try to practice Cool post !! I definitely agree that inflation is basically a cause of demand > supply. This causes the market to inflate to gain bigger profits. One likes to earn and earn it better as and when market expands. We have seen that happening every days around us, not just Oil.You demand a fruit continously from a vendor, or look for a property, you would find prices soaring because demand set out is more from what it was some time back.

The “out of proportion” grabbing up/piling of stuff at home is hurting yourself when thyself doesnt recognizes it sooner.

Other repercussions of grabbing more than what is required : I cite an example :
I rememeber an incident when a friend used to tank-full his car and it got stolen from market. The very first question police asked : how much petrol car had? He proudly replied : Tank Full.

Police replied : then it must have too far without stopping anywhere. If it has stopped anywhere to fill petrol, we could have traced from petrol pimps.

On a lighter note, point well taken and would try to practice

Cool post !!

]]> By: Kavita http://www.inspiredbuddy.com/life/a-possible-way-out-to-control-the-fuel-inflation/comment-page-1/#comment-520 Kavita Thu, 17 Jul 2008 03:44:55 +0000 http://www.inspiredbuddy.com/?p=36#comment-520 This is a good article with lots of Info. This is a good article with lots of Info.

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