FUEL PRICE
People of India have given another opportunity to Sri Narendra Modi as Prime Minister. Among other things the people have expected that the new government will bring down the fuel price and thereby try to check the price rise of all other commodities. Surprisingly, instead of reducing the price the government has increased the price again considerably. Now, since the exorbitant burden of fuel price is bolstered by the people, they have the right to have the analysis of the price of fuel. The petroleum ministry may try to furnish the following information to the people at the earliest convenience.
1. Purchase price of crude
2. Shipping charge (say upto Kochi
port)
3. Unloading and pumping
charge to refinery
4. Refinery expenses
5. Storage expenses (if any)
6. Any other expenses by the refinery
7. Cost of distribution to the dealers
8. Dealer's commission.
9. Profit earned by the petroleum
company.
10.Taxes and duties.
11. Net sale price of petrol and diesel
Since it is the right of the people to know these information the petroleum ministry may kindly issue a press note containing these information.
KV George
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