Saturday, September 23, 2006

Reduce the Petrol/Diesel Prices

Dear Petroleum Minister,
Can we see some reduction in the petrol prices please? The crude prices in NYMEX have been around 60$ for the past few weeks and I am sure with the quality of crude that we purchase, the prices for all the oil companies are much below that.
Now don't tell us that since crude companies were selling us petrol at a loss over the last few months, they have a right to sell it at the increased prices till the end of the year. Also, do not let state governments increase sales tax since by reducing the base price of petrol, their revenue comes down. State governments like Karnataka and Maharashtra have been sucking consumers dry since the last time you increased the prices.

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