Petrol and Diesel Price in Dakshina Kannada

Dakshina Kannada is a district along the coastal region of Karnataka. It comprises 7 taluks, with Mangalore being the headquarters of this region. The district is known for its beaches and temples. This makes it a popular tourist destination too.

Whether you are a resident of Dakshina Kannada or planning to travel there, one of the biggest factors to be aware of is the fuel prices. Since the price of petrol and diesel in Dakshina Kannada change every day, it is important to be aware of the current rates. This will help you plan your trip accordingly and manage your budget.

Today, we will walk you through the current prices of petrol and diesel in Dakshina Kannada and the factors influencing them. Read on!

Petrol Price in Dakshina Kannada

The Petrol price in Dakshina Kannada remains steady, with minor fluctuations. The petrol price in Dakshina Kannada today is INR 102.03. In comparison to last year’s petrol prices, the changes are marginal.

Private vehicle owners feel the impact of petrol price changes. Be it the daily commute for work or family travel during festivities. The strain on the home budget is acute during the holiday season.

In keeping with the cleaner environment agreement, Dakshina Kannada region gets BS VI petrol. The sulfur content is 10 parts per million compared to BS IV which has 50 parts per million. Reduction in emissions results in cleaner air.

Diesel Price in Dakshina Kannada

The diesel price in Dakshina Kannada is around INR 88.15. It is relatively the same for the past month. The variations are minor, remaining below 1%. Compared to the previous year, there is a difference of three rupees.

The traffic through the district is high, because of the various places to see and experience. Mangalore gets a higher percentage of traffic since it is the administrative head of the district.

Fuel Use across industries in Dakshina Kannada

The district receives a lot of tourists every year. The temples, beaches, churches from the Portuguese era, and the distinctive food attract tourists in taxis, buses, and vans.

Mangalore hosts a thriving seafood market. The fishing boats and trawlers who cater to this demand, use diesel as fuel.

Mangalore tiles with their characteristic design, color, and material add a note of beauty to the roof of any home. Many government buildings from the British era still require these tiles to maintain their look. Out-of-state and export orders form a bulk of their revenue. Road transport is the most favored interstate. For these industries, the price of diesel determines their profit margins.

The Rise and Fall of Fuel Prices

Even within the state of Karnataka, different cities show differences in the prices of petrol, diesel, and CNG. The price ranges between 2-3 rupees. They make everyday living costlier.

These price changes are influenced by factors beyond the control of the people. The Centre and State governments charge certain percentages which go towards taxes.

The reason for the Centre to levy a tax in the form of Custom and Excise duty is that the raw material for petrol and diesel is imported. This raw material called crude oil is produced in large quantities in the Middle East – specifically Saudi Arabia, followed by Russia and the US. The quantities of crude oil produced in India cannot fulfill the growing demands of the country.

This imported crude oil is taken to the refineries like Indian Oil, Bharat Petroleum, HP, and Reliance to name a few. After it is refined into petrol and diesel it is distributed to dealers in every State. The freight charges incurred by these refineries are added to the fuel prices.

The State in turn charges VAT, Additional Cess and local specific tax, and education Cess in several cases. These are State-dependent, resulting in price variation.

Most people save money to buy vehicles. This results in a win-win situation for the automobile industry. In turn, it results in increased demand for fuel, placing stress on the refineries. So supply and demand play a role in fuel price determination. Whenever supply is less, the price increases.

All geopolitical changes in the world like war sanctions imposed, weather, and environmental stress add to the costs. The exchange rate between the Rupee and the US Dollar also increases the cost.

Conclusion

Following the daily or weekly fuel prices helps you decide when to fill up your tank. This information is available online, in the news, and at the fuel pumps. To give you an edge, you can access this information through the Park+ app on your phone. It shows you the daily changes in any city or state across India.

The refineries update the fuel prices at 6 am every morning. This dynamic pricing was introduced to factor in changes in crude oil changes worldwide. The Park+ app gives you this information in real-time. If you travel a lot by road, this helps you decide where to fill up your fuel.