PROFITEERING BY OIL MARKETING COMPANIES
BUT THEY'RE NOT KEEN TO REVISE DOWNWARD WHEN CRUDE
PRICES FALL.
APART FROM CRUDE PRICES FALLING DOWN, THE EXCHANGE RATE IS ALSO GETTING FAVORABLE, HENCE OMC ARE CURRENTLY ENJOYING DOUBLE WHAMMY.
DESPITE THESE DOUBLE BENEFICIAL FACTORS, THE PRICES OF
PETROL/DIESEL HAVE NOT COME DOWN COMMENSURATE WITH THE FALL IN CRUDE & EXCHANGE RATE.
GOVERNMENT SHOULD INTERFERE & PROVIDE SOME RESPITE TO THE COMMON MAN. more