In the city of Bhubaneswar, India, petrol prices are high. Why? Because there is hardly any oil in the country. But the country has not stopped producing oil for decades! This means that the price of petrol in Bhubaneswar has been rising for over a decade. How do we know this? Because every day, the petrol price in Bhubaneswar is the highest in the country.
What this means is that there is hardly any oil in the country. Now the cost of petrol is sky high. If the price of petrol was still the same, what would the price of petrol have been? There would be little left for us to buy in, so we would have to go somewhere else. Oil has been produced in the country for decades. If the price of petrol was sky high, we would actually be able to buy oil from somewhere else.
The price of petrol has gone up in the past few months. We are all familiar with the price of petrol in India being the highest in the world. The reason why is because of the government’s decision to raise the petrol price in the country. The government has decided to raise the price of petrol in order to ensure that the price of petrol doesn’t surpass the rupee. This is why the price of petrol is so high in Bhubaneswar.
This is the most shocking part of the new trailer. It makes you wonder if the price of petrol has gone up due to the increase in petrol prices in the country, or just because of the new government policy. Either way, it makes you question why governments are so desperate for growth.
I just cannot see how the government has come to be so desperate for growth, that the price of petrol has increased so much. This is a problem that has plagued India for generations. For example, the price of petrol was not only higher in some places, but the price of petrol was also high in some parts of the country.
In fact, petrol prices in India were higher in the year 2000 than they are now. In 2000 the price of petrol was around Rs. 12 per litre. By 2009 the price of petrol had increased to Rs. 12.40 per litre. This is a lot different than India’s own growth rate. The inflation rate in India was around 1.2% in 2000, and today it is around 2.2%.
What happened? Well, you see, at the beginning of the decade there was a strong movement towards a lower-cost and more fuel efficient car – which happened to be called the “petrol price bhubaneswar” by the people of India. The petrol price bhubaneswar is a phrase that means “a low price in the middle of the road”, and is mostly used in the US, where it is used to describe a low cost car.
So this car was the cheapest car in the world, and a lot of people bought it because they thought it would be a bargain. Now I’ll admit that petrol prices have been dropping in India over the last couple of years, but it still wasn’t enough to keep the cost of these cars low enough for most people to actually buy them – especially when compared to the cost of a new car which is currently around 15,000 rupees, and is still around that price every year.
So what has the price of petrol dropped in the last few years? Well its the price of gas that has dropped, but its not the same thing.
Here is the problem, as you can see in the chart above. The cost of gas in India has dropped in the last few years because the cost of oil has dropped. But the cost of petrol in India has not dropped in the same period. In fact, the cost of petrol has actually increased, and it is actually higher than it was in the last few years.