• Dear sir,
  Yes shale gas will be next hero in green energy sector. It is one of the member of unconventional source of natural gas.
  15 days back I read an article that obama administration belive that increase of production of Shale gas in US will prevent Russia & gulf to dictate the natural gas price.
  Extraction of shale gas is not a new technology like coalbed methane because in early 20th century Russia used shale gas as town gas and to run gas turbines. Answered by SAJAL CHATTERJEE , Site Commissioning Head at L&T Power | 19, Aug 2010 06:26 PM

• I, too, agree that price rise of essential commodities is due to manipulaton by middleman existing in the market, not, due to increase in fuel prise as earlier, I indicated . We have to come forward to remove this middleman so that on one hand producer can get right value of one\'s product & on other hand consumer may be saved from the burden of prise rise, created by this middleman. Answered by Raj Sharma | 15, Mar 2010 03:06 PM

Comments (1)

• As you rightly said, middlemen too are part of this unjustified and horrendous price hike which is pushing more families into the BPL.Unfortunately, we the public seems helpless with this situation.It is well understood that the government at the centre and states are a liasion with these middlemen who pass on the buck to these politicians.What is important is a unified resistance against price hikes.It is equally important and urgent that the expenses of politicians and their families are accounted to the indian public because much of these expenses are incurred by the powers that be at the state and central levels and therefore the budgetary deficits-The other factors are needless projects which cost the exchequer as also ill planned expenditures and at wrong times.
  Therefore, the austerity must be continued, more on the part of the government officials rather than the public.. Commented by Venkatraman Iyer, Proprietor at Magnum enterprises | 695 days ago

• The price rise is not entirely due to rise in fuel prices.The major reason for price variation is speculation and manipulation in the market.There should be a goldan mean between Free/Controlled market. Answered by vasantha kumar B.R. | 15, Mar 2010 12:38 PM

• 
  yes, but why should fuel price be redused to all. it is not a healthy practice to extend subsidy to creamy layer. in nation building, support should be restricted to reach deserving candidate only.
  all type of government support should be based on single criteria, "financial condition" of the under previleged. no middel men should be participated. delivery should be through recepient's bank account, in PSU bank only.
  so fuel subsidy should be restricted to the purpose of underprevileged / downtroden people, verified against approved purpose, against verifiable proof.
  ...See Morethis will limit the burden on goverment spending, simultaneously demand on commodity will be restricted, depending on international pirice, limiting inflationary pressure in limited range, since demand will be driven by price alone.
  in contrast government subsidy is boosting inflation now.
  when price is based on actual cost of product plus healthy profit for sustained growth will also enhance PSU health.
  Answered by varghese.a.l , project engineer at saudi electricity company | 14, Mar 2010 05:21 PM

• definitely the hike in fuel prices will have a cascading effect on the prices of all commodities Answered by V.Devarajan , Branch Manager at Muthoot finance Ltd | 12, Mar 2010 08:15 PM

• At one end, the Producer has to increase the volume of the production of the particular item. Similarly, on the other end, the stockist has to maintain the availability of the stock of that particular item to meet out the scarcity to check the price rise.
  . Answered by Raj Sharma | 10, Mar 2010 05:45 PM

• Hike in fuel price will definitely result in increase in prices of other Goods, which are related on transportation. What we have to think here is, to increase the volume of production, and make it available, because price will even increase when there is scarcity for that particular product, especially in the retail segment. Answered by Rohith B V Rao , Engineer at Schwing Stetter Private Limited | 10, Mar 2010 04:53 PM

• Little bit, as the essential commodities are concerned with transporatation of goods from one place to another.Besides,it depends on the producer also that how one handeles the situation to control it. Answered by Raj Kumar Sharma , Registrar/COE at NIFT | 10, Mar 2010 10:02 AM

• The decision might pinch in short term but will be good for the nation in long run. Answered by Rajesh Srivastava , Manager at Tata Steel | 09, Mar 2010 06:08 PM

Comments (1)

• Seems a bit skeptical to me...only time will tell... Commented by Sridhar Reddy, Project Manager at Anand Rathi Securities | 702 days ago

• Definitely, but the rise in prices of essential commodity not only govern by fuel prices....mainly the equation of supply & demand rules the market. But , personally I think subsidy is not the proper way to make a nation economically strong....our Govt. may work out the ways by which they can increase the buying capacity of general citizen of India. Answered by Joy Mukhopadhyay , Executive (middle management) at National Thermal Power Corporation Limited | 09, Mar 2010 12:31 PM

• transportation cost is one of the many components of any commodity or goods pricing.Any change in the petroleum products will affect the pricing, but definitely not beyond their % share. Commodity prices are going up mainly due to higher consuption, which is not matched by the production. Answered by Sunil Srivastava , Director at Vijayawada (AP) at SS Synergy HR & Technical Services | 09, Mar 2010 12:08 PM

• Definately not , as the price of the commidties is not the ONLY factor decided by the fuel price. Commedity price break up to be verified and to be displayed at the seller s shop. Like one kg dhal is Rs 90 , the break up price shall be as buying price at the Bulk supplier , transport cost , Government tax , municipalty tax , road tax (if any), Vendors profit etc. then any component in the pricing shall be verified and the user understands that the price is low or how because of the reason. if really the price is going beyond the contro then goverbment can give subsidy or discount in that component . Answered by satya c , Sr engineer at electricitycompany | 09, Mar 2010 10:25 AM

• Yes surely it will result in a further rise in prices Answered by Pratap Raaghavan , Team Leader at Healthtronics | 09, Mar 2010 09:49 AM

• I don't think that there is a need to increase the fuel and LPG prices frequently & at this juncture of time-This may be just against the losses arising out of bad policies pursued by the Government.
  If Government says that all additional revenues have been directed for infrastructural and other urgent needs, it is hardly reflected in results. Answered by Suresh Patel , KLTP at Gujarat State Electricity Corporation Limited (GSECL) | 09, Mar 2010 12:40 AM

• Petrol and Diesel hikes are fuelling the rocketing process of commodity hike.But our salaries whether are going in parallel? can not say. If this continues further , we may end up in losing all our earnings only to suffice our stomach requests. Answered by M Jithendra , dy manager at JSW Steel Limited | 08, Mar 2010 11:36 PM

• What is more interesting to note is that, the government always seems to find easy routes such as the fuel price/increasing LPG cost etc-Considering, the international crude price on a scale basis, I really don't think there is a need to increase the fuel and LPG prices at this point of time-This effort is just to make over for the losses arising out of bad policies pursued by the government.
  If the government says that all additional revenues have been directed for infrastructural and other urgent needs, it is hardly reflected in results. Answered by Venkatraman Iyer , Proprietor at Magnum enterprises | 08, Mar 2010 09:31 PM

• It is but natural that any hike to have a cascading effect on essential commodities-though the government may defend such hikes as marginal/in the larger interests of reducing deficits etc-already the prices of essential commodities have gone sky high-this is just rubbing salt on wound, so to say.
  This fuel hike will automatically increase the surface transport freight rates/public transport charges etc., which will only burden the common man. Answered by Venkatraman Iyer , Proprietor at Magnum enterprises | 08, Mar 2010 09:26 PM

• Fuel= Transport and manufacture = final product= additional spiralling cost escalation= but Oil industry has to be realistic= Govt can NOT go on subsidising the fuel import Bill Answered by Narasimhan Brig Retd S L | 08, Mar 2010 09:14 PM

• yes, its a chain reaction. Anythings high and the rest follows. Answered by Prashanth TS , Purchase Manager at Malema Sensors | 08, Mar 2010 06:43 PM

• yes, the infation will be increase little bit. Answered by Anup Das , Manager O & M at Wartsila India Limited | 08, Mar 2010 06:05 PM

• Possibly. But, the strange thing is, prices were already going through the roofs even before the fuel price hike. So, it is obvious that there are many other factors also in play. Answered by Murugeson Dhakshinamoorthy , Electrical Infra Design Engineer at AECO, Oman. | 08, Mar 2010 05:33 PM

• Yes, it will and it has.When the transport charges are a direct factor that affect prices of commodities, does it require rocket science to see the relation between commodity prices and fuel esp. diesel hikes. Answered by George David , Branch Manager at kanooz industrial services | 08, Mar 2010 05:30 PM

• Yes, fuel prices are having direct impact with the rise in prices of essential commodity. But it was essential to increase the fuel prices to keep fiscal deficit in check. Answered by SANJEEV KUMAR AGARWAL , Add. General Manager at Bharat Heavy Electricals Limited | 08, Mar 2010 05:23 PM

Comments (1)

• It is an eye wash. the prices are beyond control before that.. Commented by RAKESH GUPTA, Vice President - Technical at Katyaini Industries Pvt. Ltd. | 703 days ago