Now there's another shocker from Indian oil companies. State-owned oil companies led by Indian Oil Corporation on Monday warned the Government that there will be disruptions in the supply of the petrol if the price of the fuel was not hiked. Oil companies claim that they lose Rs 7.67 on every litre of petrol sold accumulating the amount to Rs 48 crore a day on selling petrol below cost.
At present, oil companies have to seek the approval of the government to hike the price of petrol. In the wake of all these events, we can soon expect another petrol price hike or disruption in fuel supply. So, how should we prepare to face this?
If you own a petrol car, then make sure you follow some of these tips to ensure the petrol price hike will not affect you as much.
- Use your car sparingly. Do not use it for short trips as engines tend to consume more fuel for the first few kilometres of the journey.
- Try to car pool as much as possible for office trips. Talk to people around your area to find people traveling to a same area so that all of you save on fuel.
- Check your car's fluids regularly so that the the fuel economy is maintained.
- Get the car serviced at regular intervals to avoid a spike in fuel consumption.
- Try to drive in the stipulated speeds as suggested by the carmaker to get optimum mileage.
- Avoid traveling by car if yo are going alone, use a two wheeler or use public transport.
- Do not idle the car for long time at traffic signals. Engines use up more fuel while idling than you actually think they do.