Tuesday, September 20, 2011

Cheating of Central Congress Government & Oil Companies in India

   The Oil companies in India are hiking the petroleum prices. They and central Congress Government are told that the exchange rte of Dollar and Rupees are high, so are forced to increasing the prices. But it is a big lie and nonsense. Last time they told that the International price of Crude Oil is very high, so they are increasing the price and when the crude oil price is decreases they will reduce the prices also. On 2011 May 11, central Government increases the Petroleum price,  at that time the Crude oil price is 100.10 dollar per barrel. The exchange value of Rupees against dollar is Rs. 45.16. That means the Crude oil price is Rs. 4521/barrel ($100.10 X Rs. 45.16). Now, the Crude Oil price is $ 86.85/barrel and the average exchange price of Rupees against Dollar is Rs. 46.52. So the present price of Crude oil is Rs. 4040.26 ($86.85 X Rs. 46.52). It is very clearly shows that now the difference between May 11 and September 16, 2011 of Crude oil is only Rs. 480/barrel. Now the profit is increased, but they are explaining that there is huge lose to oil companies, so they are forced to increase the prices. It is clearly proves that the Central Govt. and Petroleum companies are cheating the people in India. They are looting/pick-pocketing the common people. 
            The Central Government Ministers are telling that the prices are increased by the oil companies. We have no connection with it. It is a big lie, because when the oil companies are trying to increases the prices before the state elections, Govt tells them to stop the action and also when the Parliament is going on, that time also they didn’t hike the prices. It means that the Oil companies are increasing the prices after getting the clear instruction from central Govt. But the government saying that, they are innocent. It is clearly prove that the PM Mr. Manmohan Singh, Sonia Gandhi and their team are big liers, anti-people and robbers.
            Reduces the prices of Petrol and gas and also withdraw the right to increase or reduce the prices of petroleum products from Oil companies. At present the highest price of petroleum in the world is in India. Government takes the 40% from petrol price through various taxes. If avoid this taxes the petrol price will reduce from Rs. 69/- to approximately Rs. 41.40/liter. 

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