PeTRoL

While talking to MOM today, i had some interesting conversation

MOM: Price of Petrol has gone very high in India.
ME: Where did you see/hear this NEWS?
MOM: All the TV Channels are blaming the govt. for this.
ME: What do you think might be the reason behind the hike in Petrol prices?
MOM: Its a result of Govt. tax policy.

... and the conversation continued into a different topic

I was bit confused about these statements by my MOM. Because all the time she would talk about increase in cooking oil price or some vegetable cost or LPG prices(All these commodities which she requires at home to cook). I never imagined my MOM would be talking about the Petrol prices. Its all the media which is making people aware about what is happenings around their surroundings. Thanks to Indian Media channels. Though its telling the prices of Petrol are high and not giving the proper stats about the world OIL prices. I am little optimistic here that Media would change few years down the line and would give the its opinion as well as STATS to the viewers so that viewers will have their own opinion too.

I did a google search for difference in PETROL price around the world. For my goodness i fond this statistics :

1. In Venezuela (Caracas) petrol costs the least in the world. It is priced at $0.05 or Rs 2.12 per litre.
2. In Saudi Arabia (Riyadh), petrol costs $0.12 or about Rs 5 per litre.
3. In the United Arab Emirates, petrol costs $0.37 or about Rs 15.65 per litre.
4. In Malaysia (Kuala Lumpur), petrol costs $0.60 or about Rs 25.40 per litre.
5. In China, petrol costs $0.74 or about Rs 31.30 per litre. That is almost half of what it costs in India.
6. In Russia (Moscow), petrol costs $1 or about Rs 42.275 per litre. Russia, of course, also has huge oil reserves.
7. In United States, petrol costs $1.047 or about Rs 44.25 per litre.
8. In Pakistan, petrol costs less than it does in India. At $1.06 or about Rs 44.80 per litre, petrol is still affordable here
9. In Canada, petrol costs $1.35 or about Rs 57 per litre, slightly more than the price in India or the United States.
10. In Brazil (Sao Paolo), the price of petrol is much higher than in India and costs $1.56 or approximately Rs 66 per litre.
11. In Hong Kong, petrol prices are a bit lower than in European nations, but it still boasts of the most expensive oil in Asia. Petrol costs $1.99 or about Rs 84.10 per litre in Hong Kong.
12. In United Kingdom, too, the cost of petrol is shockingly high. Petrol costs $2.26 or about Rs 95.50 per litre here.
13. In Norway (Oslo), petrol prices are amongst the highest in the world and a shade lower than those in Turkey. In Olso petrol costs $2.65 or about Rs 112 per litre.
14. In Turkey, the prices of petrol are the highest in the world. Petrol costs a whopping $2.68 or about Rs 113.30 per litre here. Guess, it's not a place one would want to drive in.

Courtesy: rediff.com for giving me such a huge and useful data.

I used to get a lots of mail(SPAMS) that taxation in INDIA is the reason for heavy PETROL Price, which i used to belive. Seeing the above data, i feel the Govt of India is doing at its best and only politicians are politicising the issue for there vote bank. There are very few handful of people who have access to this data and even the media which can reach to millions isn't bothered about giving the TRUE data to the people. Before signing off, a Optimistic thought in my mind is Hope at least the media presents some useful and proper information to our people after some years down the line.

Jai Hind.