"We depend on crude import to the extent of almost 80%. Therefore, price increase of petrol is rather a compulsion for survival of oil marketing companies even if it is a shock to the common people. I think both politics in business and business in politics are bad," said U.D. Choubey, director general of the Standing Conference of Public Enterprises, the apex body of state-owned firms and former chairman and managing director of GAIL (India) Ltd. <<< .. and it was on this site http://www.livemint.com/2011/09/15175541/Petrol-prices-rise-again-anot.htmls on this site
34.50 Rupee
Becuse there only 10000000000000 gallons left in the worls
economy
Because pricinig of petrol is linked with crude import from international market and the oil companies in India are authorized to revise the rates accordingly.
Petrol prices are the most volatile across the world. The price of gasoline depends on the price of crude oil, the taxes imposed by different states, the exchange rate and oil company costs. Demand and supply imbalance also influence petrol and diesel prices. So prices vary in different countries. In India, petrol prices continue to rise as the country largely depends on imports to meet its requirements.
goverment should remove all taxes from pertol I.e (Goa goverment has already done)
The prices of petrol products have changed in the last 12 months by -4.78% in America. Petrol prices are currently 3.665, and one year ago the prices were 3.849.
you got it all in one!
Oil is set by the oil cartels and the government. They have their own reasons, including greed to set the prices the way they do.
ever increasing.
1 BAREEL
india using petrol and diesel in per day