What You Need To Do To Counter Petrol Price Hike

Fuel Price hIke
Petro companies are planning to increase petrol prices again by Rs.3 to counter the losses suffered by them due to the decreased value of the Rupee. The oil companies are expected to make an announcement any time this week.

This petrol price hike will definitely increase demand for diesel cars. Although carmakers can expect an increase in diesel car sales, this will not exactly make them happy. The Indian car market was mostly a petrol car driven market until a few years ago. Most carmakers have focussed on petrol cars and they are now slowly adapting to increasing the ratio of diesel cars in their production.

If you are one of those car owners who have a diesel car, you need not worry until the government decides to decontrol diesel prices as it did with petrol. But 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.

Article Published On: Thursday, September 15, 2011, 12:59 [IST]
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