Explained: How petrol and diesel prices are decided in India
International and national affairs combined with the financial consideration of our central and state government keep pushing the fuel price up and down.
An idea to help mitigate high fuel prices
states like Maharastra, Delhi and especially Rajasthan have one of the highest Tax rates and it is Rajasthan where recently petrol hit the century mark yet very few people questioned the State Govt about it.
Why scaling up of Strategic Petroleum Reserves (SPR) is a good strategy for India
India's SPR can also offer an opportunity to oil producing countries to leverage her geo-political location for improving their footprints in Southeast and East Asian countries in a much more economical way.