There is opacity in domestic oil producers oil pricing.We know that roughly 33% of total demand is met by domestic oil production.Who are the producers and what do they get for their output?This is a question which the Left shd demand and place in the public domain. The producers of domestic crude are in the public sector and private sector.ONGC and some others are domestic producers in the public sector while REliance,Essar and Cairn Energy are private producers.What do they get for the oil output?Do they also get 124$ a barrel or are they pegged at a price.If so what . Unfortunately the Govt does not give out these facts.They only talk of the losses of oil marketing companies which buy and sell.
