Rahul Gandhi hints at Centre’s plan to jack up fuel prices after last phase of polling

[bhaigan]

Two days before the last phase of ongoing assembly elections, Congress leader Rahul Gandhi took a dig at the Centre by warning people to be prepared for a drastic rise in fuel prices.

The senior Congress leader tweeted in Hindi, which meant: “Quickly fill up your tanks, please. Modi government’s ‘election’ offer is about to end.”

Notably, international oil prices are hovering around $110 a barrel, a price range reached for the first time since 2014 amidst raging war in Ukraine.

It is widely believed that state-run oil companies will jack up petrol and diesel prices once the elections are over, to match the international price range. As per one estimate, the price needs to be increased by at least Rs 12 per litre for oil companies to break even.

On March 1, crude oil price in India crossed $102 per barrel price, the highest price since 2014, states the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry. In November last year, the price fluctuated around $80 a barrel.

On March 5, petrol and diesel prices were unchanged, which has been the situation for the last four months or so, mainly because of state elections, say political analysts. It is a usual practice to freeze fuel prices around election time, but this phase of stagnancy has been the longest since June 2017. In Delhi, petrol costs ₹ 95.41 a litre and diesel is priced at ₹ 86.67.

The seventh and last phase of voting for the Uttar Pradesh assembly polls will be held on Monday (March 7). The counting of votes for all the five states is scheduled for March 10.

[Anta Assamey]

Very obvious kada... March 7th taruavata they will increase... Already review meeting kuda schedule ayyindi..

[Picheshwar]

Everyone knows and majority are fine with it.

[Android_Halwa]

Inka nayam…daily morning sun rise ayitadi…daily evening sunset ayitadi ani chepaledu…

[Spartan]

Last ball Sixer....scintillating finish.

[manadonga]

1 hour ago, bhaigan said:

Two days before the last phase of ongoing assembly elections, Congress leader Rahul Gandhi took a dig at the Centre by warning people to be prepared for a drastic rise in fuel prices.

The senior Congress leader tweeted in Hindi, which meant: “Quickly fill up your tanks, please. Modi government’s ‘election’ offer is about to end.”

Notably, international oil prices are hovering around $110 a barrel, a price range reached for the first time since 2014 amidst raging war in Ukraine.

It is widely believed that state-run oil companies will jack up petrol and diesel prices once the elections are over, to match the international price range. As per one estimate, the price needs to be increased by at least Rs 12 per litre for oil companies to break even.

On March 1, crude oil price in India crossed $102 per barrel price, the highest price since 2014, states the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry. In November last year, the price fluctuated around $80 a barrel.

On March 5, petrol and diesel prices were unchanged, which has been the situation for the last four months or so, mainly because of state elections, say political analysts. It is a usual practice to freeze fuel prices around election time, but this phase of stagnancy has been the longest since June 2017. In Delhi, petrol costs ₹ 95.41 a litre and diesel is priced at ₹ 86.67.

The seventh and last phase of voting for the Uttar Pradesh assembly polls will be held on Monday (March 7). The counting of votes for all the five states is scheduled for March 10.

Inta chesi workout ayithe ade padivelu bjp ki up geliste chalu 

[bhaigan]

1 hour ago, Anta Assamey said:

Very obvious kada... March 7th taruavata they will increase... Already review meeting kuda schedule ayyindi..

Ade bro Modi prajala ni mosam chesthunadu edi ekkadi ache din antunna 

[Anta Assamey]

 

7 minutes ago, bhaigan said:

Ade bro Modi prajala ni mosam chesthunadu edi ekkadi ache din antunna 

[Pashuvu]

Ee roju full petrol tank kottinchina andarni cc TV cameras lo gurthinchi vallane Congress voters ga gurtinchamani Modi Saab cheppadata..

[Android_Halwa]

37 minutes ago, bhaigan said:

Ade bro Modi prajala ni mosam chesthunadu edi ekkadi ache din antunna 

Ida mosam chesudu emundi vaa…andariki telsinde and the need of the hour…barrel rate has rose from $80 to $110-115…and obviously it has to be increased. Pretty much everyone knows about it too

[Picheshwar]

5 minutes ago, Pashuvu said:

Ee roju full petrol tank kottinchina andarni cc TV cameras lo gurthinchi vallane Congress voters ga gurtinchamani Modi Saab cheppadata..

cheppina cheppochu.

[bhaigan]

5 minutes ago, Android_Halwa said:

Ida mosam chesudu emundi vaa…andariki telsinde and the need of the hour…barrel rate has rose from $80 to $110-115…and obviously it has to be increased. Pretty much everyone knows about it too

[Android_Halwa]

3 minutes ago, bhaigan said:

So..you know what happened since UPA rule ? Guessing you are aware…subsidies have been rolled back..the way government compensates oil companies has changed, most importantly oil consumption has almost doubled from mid 2000’s levels. 
 

FYI, oil companies ki fortnight price revision chese authority ichindi UPA ae after realizing the burden of subsidies. 

[Spartan]

Just now, Android_Halwa said:

So..you know what happened since UPA rule ? Guessing you are aware…subsidies have been rolled back..the way government compensates oil companies has changed, most importantly oil consumption has almost doubled from mid 2000’s levels. 
 

FYI, oil companies ki fortnight price revision chese authority ichindi UPA ae after realizing the burden of subsidies. 

we only know everything was Green then.....

[bhaigan]

1 hour ago, Android_Halwa said:

So..you know what happened since UPA rule ? Guessing you are aware…subsidies have been rolled back..the way government compensates oil companies has changed, most importantly oil consumption has almost doubled from mid 2000’s levels. 
 

FYI, oil companies ki fortnight price revision chese authority ichindi UPA ae after realizing the burden of subsidies. 

Modi PM ga unnapudu there was surplus oil production

In fact they have saved 1 to 3 lakh crores from oil exchequer account