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Originally Posted by Rtech This is absurd! As it is, we have some of the highest fuel prices in the world (considering percentage of income). Now they want to raise it by Rs.5! We are already paying more than 1$ a litre for petrol.
How come we don't get the benefit when crude prices drop? The oil companies go silent at that time. The last price drop we got was last year, when the price was lowerd by Rs.0.40!!! That was a week after the price was increased by Rs.1.60. |
Highest prices are not because of Oil companies...but because of heavy taxes and levis Govt put on it...Oil is only cash cow Indian Govt has...
PS: price in europe are around 1.2 euros/lit for petrol that comes out to be around 60 rupees a lit so we are still cheaper I think
