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Old 14th August 2008, 18:56   #6 (permalink)
prabhusati
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Join Date: Apr 2008
Location: Bangalore
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The fuel prices will not come down for the following reason.

When crude oil touched $145 a barrel, the government increased the prices, but this was not increased to the full extent where the oil marketing companies would not loose (forget making profits). The hike was done to only decrease the losses. So it is time now to reduce those losses.

What goes up has to come down does not apply to the Government
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