Posted 15 September 2010 - 01:46 PM
The government always keeps cribbing about the subsidies, and how the oil companies are suffering losses. IMO the losses suffered are not because of the price, but the incompetent sarkari-style officers who still control these organization and their wasteful ways. I am sure being still dependent on the oil ministry for their 'subsidies' these companies must be diverting substantial chunk of their earnings in offerings to our disrespected ministers.
I have been to many countries, and the fuel prices really don't differ that much. If private players in foreign countries can provide fuel at comparable prices, why do these buggers keep crying 24x7.
The LPG / CNG stations not functioning will bring all metros to a complete standstill with buses. autos and taxis not plying. The very thought of the situation in a city like Mumbai scares me. Hope an amicable solution is reached. In case the demand of the pump owners is accepted, be prepared to shell out at least Rs 2 more for every litre of petrol.