I am sure most of guys in Bangalore have realized that the Shell petrol bunk finally gave in and reduced the price of petrol. I was filling petrol for my bike from Shell regularly. They have two kinds of petrol, one is “special” and other is “ordinary”. “Special” petrol is of high octane value petrol called Shell Super petrol. “Ordinary” petrol is of lower octane value called Shell Normal petrol. The special petrol was selling at a premium price of Rs. 4 than the ordinary petrol. I was willing to pay that extra money because my mileage had increased honestly I did not measure it but I am sure that it gave me more than 4 kms than the ordinary petrol from other petrol bunks.
After sometime, they started selling only the “special” petrol when enquired with an employee, he said the company was not making a great business and if they wanted to be in business they had to sell only “special petrol”.
Then the inevitable happened, the prices of petrol started going north. Shell started selling their “special” petrol at a premium of Rs.8 more than the petrol that is available in other bunks. I was not so very keen to pay that much and pay for the special petrol this time. I completely boycotted their bunks and started filling petrol at other bunks and was happy with that even though my mileage suffered a bit. I started noticing that the petrol bunk once filled with customers hardly had any.
I was wondering how come they are paying their employees even when they don’t have a soul filling petrol at their bunks. After months of steep price increase now they have decreased it and are selling at a lower price.
Things to ponder over:
1. How come they are selling now at a lower price?
2. Why did they increase in the first place if they had to cut their prices?
3. Are we paying heavy prices just because we can afford it?
4. How are they now making profits?
5. If we stop buying, will the prices of commodities decrease?
Think and spend your money. We are struggling hard to earn money and there are people who are just siphoning out very easily.