Wednesday, April 28, 2010

Could you tell me now oil price is decreased on world but why do indian government not decrease their price?

now on world level the oil prices is half than before. in india if increased


the indian government increase same time but now they don't take any action to decrease the oil price why.Could you tell me now oil price is decreased on world but why do indian government not decrease their price?
Firstly, Crude prices are in dollar


Earlier - Dollar was Rs.40 and crude price was Rs.117 Total = Rs.3900(115x40)


Now - Dollar is Rs.50 and crude price is Rs.75 - 80 Total = Rs.3800


(75x50)


So, they dont care...





Secondly, the time when the crude prices were high the petrol companies had huge loss. Now the crude prices are low they are having profit and which is compensating the loss.





Thirdly, the Indian government is CRUEL and GREEDY !!Could you tell me now oil price is decreased on world but why do indian government not decrease their price?
It is idiotic of the Congress Govt. and a stupid stubborn Mani Shanker Aiyer, Petroleum minister, who is holding the price.It is noteworthy that Crude @$137 a barrel = Petrol cost Rs.32/50 in Delhi, rest all is tax.The cause of inflation is raising fuel cost which increases freight, transportation etc. which the Congress government says is 'fighting'.How are they fooling?
so that the hypocritical self important egotist of politicians can go on more junkets and spend more from our money that's why..
only the Indian finance minister P. Chidambaram can answer you and he is not here on Yahoo Answers !
It costs a lot to transfer the fuel from gulf to india.
more of a capitalist totalitarian government - answers to big business more

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