(i) Why do you think the price of petrol is increasing day by day ?
Answers
Answered by
3
The price of transport fuel i.e. both petrol and diesel are set to a revision daily morning at 6 a.m. and this already is being implemented successfully since 16th June 2017 across India.
The price change is reflected on the various portals and mobile apps of the oil companies like IOCL, BPCL and HPCL (including others like Shell/Essar/Reliance).
Also, it is displayed at every petrol pump very clearly
I come to understand that changing the petrol and diesel price daily in sync with the international markets is beneficial for both the consumers and the government as any positive change/relaxation in the crude price in the international markets is enjoyed by the consumers as the government would reduce the fuel price proportionally (similarly any increase in crude will also reflect in the price).
The price change is reflected on the various portals and mobile apps of the oil companies like IOCL, BPCL and HPCL (including others like Shell/Essar/Reliance).
Also, it is displayed at every petrol pump very clearly
I come to understand that changing the petrol and diesel price daily in sync with the international markets is beneficial for both the consumers and the government as any positive change/relaxation in the crude price in the international markets is enjoyed by the consumers as the government would reduce the fuel price proportionally (similarly any increase in crude will also reflect in the price).
Answered by
1
I THINK THE REASON BEHIND IT IS EXTINCTION OF FOSSIL FUEL .
FOSSIL FUEL TAKE BILLIONS OF YEARS TO FORM.
WE NEED TO PRESERVE IT
krimusa7524:
thnx
Similar questions