*The rising prices of Fuels and short/medium/long term solutions*– by Shailendra V.Gokhale
As petrol price in Mumbai has crossed Rs.87 per Ltr. and Diesel price Rs.77 per Ltr.,the common man is worried, since it has started making a hole in his pocket. There is an argument that in 2014,prices of petrol & diesel were lower@Rs.64 though crude price in 2014 was more, at an average of $96. The argument is valid, but let me share my views(with facts & figures),which are completely apolitical...