Very soon, petrol and diesel prices will be decided by Oil companies as per crude oil prices internationally or may be by whim and fancy by the oil company directors!
But as per latest news, it is going to happen. Consumer might have to pay more or less according to crude oil prices as the price might fluctuate as per crude oil price only.
Here is the report :
New Delhi: The Government will consider deregulating petrol and diesel prices in six weeks, Petroleum Minister Murli Deora said on Friday.
“The issue of deregulation is being discussed and it will be put up to the cabinet for a decision,” he said after taking charge of the Petroleum Ministry for the second time on Friday. Source and Complete Story.
So, you may not be able to predict your fuel budget. And if cooking gas is also freed from government control, than most probably, monthly budget by home-makers would go haywire.
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