Posts Tagged Fuel Price Hike

Why the government should not raise fuel prices

At first glance it may seem like the headline justifies a call for me to be branded as “Marxist – Leninist Lite” but I assure you dear reader I have no left leanings.

But in this case Messer’s Prakash Karat and his Bengali friends are right; there is no case for an increase in fuel prices. Yes all indications do point to a rise in crude oil prices, but consider this at 4$ a gallon (one gallon is 3.78 liters) U.S. consumers complain that the prices are record high!, 4$ a gallon= 4×40 =Rs.160 a gallon=Rs. 42 a liter, do you by any chance remember when was the last time you saw the price of petrol in India at Rs. 42 a liter? (more…)

3 comments June 2, 2008


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