Burning the raft after crossing over the river
Gautama Buddha once asked his disciples "Would you carry the raft after crossing over the river?" They replied that they would not hold onto the raft as the purpose was served. This is now the case with petrol and diesel oil prices. For 137 days, before the assembly elections, the prices of petrol and diesel remained unchanged. In these 137 days, crude oil prices increased from $ 80 to nearly $ 120. The Oil Companies of India did not increase the fuel rates. They remained stagnated. Once the elections are over and the results declared, the prices of cooking gas, petrol, and diesel started increasing in small doses. The cost of the LPG cylinder shot up by Rs 50/. The petrol and diesel prices hiked for four days continuously @ 0.80 paise per liter a day.Why the fuel rates did remain unchanged for 137 days? Who influenced the Oil Companies to hold on to the rates?
