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crude oil prices

Rising petrol and diesel prices in India – What should be done…

Rising petrol and diesel prices in India – What should be done…

By Naren Ubi on May 27, 2008

There are quite a few in my office who own diesel-powered cars and the street price of these cars are close to nine lakh rupees! It’s sad to realize the fact that they will be paying lesser than most of those unfortunate middle-class people who yearned to own a car, putting a major portion of their savings on a good small petrol car. This is the kind of discrepancy that arises in a society that is neither entirely capitalist nor communist. The capitalist oil companies would want the government to…

Posted in Environment, Society, Technology | Tagged Cars, colorizing-diesel, colorless-diesel, crude oil prices, diesel, fuel-prices, india, petrol, premium-segment-cars | 5 Responses

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