13 Jan Interesting development on oil product price rise.
Interesting development on oil product price rise. The glaring fact ignored by each and every one in the country Is the poor level of domestic production. Alarmingly low 28% is the local production. The remainder comes through the high seas.
The beneficiary in our rising level of consumption is the producers in the Persian gulf. The point all ignore is this fact. Whoever is in charge in Delhi will be helpless in the oil price.
But the sound byte is essential for the channels and politicians. However such debates will not solve instead it will waste energy.