Saturday, February 01, 2014

LPG Price Hike And reduction Within 30 days Shows There Is No BASIS FOR PRICING!

1.On 3/1/2014.the unpopular IMF-puppet, and UN-ELECTED M M Singh,conducted a press conference.
2.On the same day petrol and LPG prices were hiked,the latter by Rs 220 per cylinder in the non-subsidized division.
     On this day the price of NG in the International market was US $ 4.35/mm Btu
      This shows the arrogance of M M Singh and his Coalition.
3.On the 31st January the price of LPG in the same division,was reduced to Rs 107/cylinder,citing "easing" of International prices.Actually the price of NG on that day was about US $ 4.95/mm Btu.That is,it has risen and has not EASED!
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        This shows the arrogance and lack of basis for hiking the prices of petroleum fuels,by the UPA!
Will be updated.............

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