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Miscellany

Petrol prices chain mail

A brand new chain-mail has started doing the rounds. It goes like this:

Petrol in Pakistan Rs17 per litr
Malaysia Rs 18 per litr
In Indiait’s 48 per litr 
Why this difference in Asia itself ? World Market CRUDE Oil is not
the reason for this. It’s all Gain for private owners? As we are the
general public, or Common Man as R.K.Laxman wud hv said, we have to
raise our voice, let’s raise thru Emails.
[blah… blah… blah…]

And then it goes on to ask people to not use petrol on a particular day. Curiously, some mails forwarded to me give this date as May 22, while some others have a much later target – September 22. As is my habit, I always research the subject of a chain mail. As a matter of fact, everyone should. It takes as much time to google the topic, as it does to forward the mail to everyone on your contact list.
So, here goes..

  • The price of Petrol in Pakistan, as reported in The Daily Times of Pakistan is Rs.57, not Rs.17 as reported in the chain mail.
  • A nice comparison of global petrol prices is given on this site. Turns out the prices of petrol in India are closer to the median, much lower than those in Europe, and higher than countries like Malaysia, Pakistan and even US.

Similar chain letters have been circulating in the US, and as explained here, they are all humbug.
So, if you get this letter in your inbox, BREAK THE CHAIN.

12 replies on “Petrol prices chain mail”

came to know your award winning Hindi blog via. Sunil F. on an online community. Congratulations!
i was wondering if there are any Latex modules existing for Sharda or Kashmiri-Devanagri? if not, do you think it might be a worthwhile project?
great work!

Thanx for this useful information. I am also curious to know about the truth behind such chain mails so I searched the google. Since I am also associated with an Oil company in India (i.e. ONGC) it became neccesary to me to know about the truth of such topic.
Thanx alot
Dinesh

Its time that we as citizens of a country, spread positive messages, which builds nations. Lets stop spreading rumours which just provokes someone. Lets build INDIA to the next level. Cheers!

Somebody has done costing of petrol in Pakistan http://www.jang.com.pk/thenews/oct2005-daily/03-10-2005/business/b1.htm as below:
He ( Senator Rukhsana Zuberi) said that based on the Platts Oil Gram Scan Report we could calculate the price of petrol by accepting the OCAC’s price on September 5 of $68 per barrel and other inputs as laid down by the OCAC.
One dollar is Rs60 and if we multiply it with $68 the result is Rs4,080 per barrel. By adding freight at $2.16 and multiply it with 60 we get Rs130 per barrel.
By including 9 per cent handling, bank L/Cs charges and marine insurance of Rs367 per barrel, wharfage at the rate of 3.85 per cent of Rs157, and oil companies margin/profit @3.5 per cent to get Rs142 per barrel, the cost of one barrel crude of 42 gallons comes to Rs4,876 per barrel.
Now, by adding refining cost at the rate of 10 per cent valuing at Rs488 per barrel, the total comes to Rs5,364 per barrel.
If one barrel = 42 gallons = 3.79 US litre=159 litres, the price of one barrel of crude oil in rupees comes to $56xRs60 = Rs33.73.
By adding excise duty at Rs0.88, we get Rs34.61. By including 15 per cent GST (Rs5.19) and dealers’ commission (0.12) we get the maximum cost of Rs39.93 per litre or Rs40 per litre.
The OCAC and OMCs have increased the price of petrol to Rs56.29, which is more than Rs16.29 per litre than the actual calculations.

I got this mail, and then I just forwarded to some of my friends who are into business of analysing such kind of business…which is what i do regularly. I guess these kind of mails shud atleast be thought out n then mailed even if someone is trying to fool!! I mean the mail contains all rubbish which can said as if it has been made taking into consideration that the reader wud be a emotional fool. just not done….come on yaar…there are much better things to discuss rather than cheaply making such obnoxious comments on something the writter doenst know himself. what will that person get in return so email addresses to market his products?? thats not at the cost of misleading ppl, fact is that the misleading line shud make some sense. It doesnt even comply with the common sense that wud make someone believe this crap.

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