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Sane Voice
How you paid for petrol, diesel in 2016
by Sane Voice on Dec 31, 2016 03:30 PM  | Hide replies

When crude was US$130 in international markets, petrol was costing Rs. 80 in India when the BJP came to power. The crude price in international market plummetted to a low of USD 30 (over 70%), but the price of petrol in India came down only to Rs. 60 (down 25%) only. Assuming that petrol consumption has been the same, what is the government doing with difference 50% of the excess money being collected on petrol? This runs into lakhs of crores of rupees, and if there is a scam in this, it may turn out to be the biggest scams of all times. Let us see how the government explains the position!

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Krunal Gajjar
Re: How you paid for petrol, diesel in 2016
by Krunal Gajjar on Jan 01, 2017 01:34 PM
when crude was US$130, Dollar/Rs. around 40-41...

now at US$30 to 50 crude price, Dollar/Rs. around 67-68...

consider exchange rate also... while more than 65% crude imported from outside...

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jatinder nayar
Whats in Petrol/diesel
by jatinder nayar on Dec 31, 2016 02:27 PM

The price of petrol / diesel has a complex taxation which includes multiple taxes. hence the cost is high...

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Logan D
Petrol prices
by Logan D on Dec 29, 2016 09:19 PM

In the US, petrol retail price is Rs 34 per liter. In Mumbai it is 75. India is Loot !

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