The petrol and diesel crisis has started in many parts of the country including Uttar Pradesh, Rajasthan, Madhya Pradesh, Haryana, Gujarat, and Karnataka. Pumps have to be turned off for hours at many places. Due to this, the difficulties of the farmers engaged in farming are increasing. Petroleum dealers say that oil companies are not giving any clear reason for the supply crisis. Despite the increase in demand by 48 to 54 percent this June as compared to June last year, even the earlier level is not being supplied. Due to this, the problems of the pump operators are increasing and it is becoming difficult to answer the questions of the customers and farmers. This crisis is likely to increase further in the coming days.
Experts say that the price of crude oil has increased continuously in the international market. For some time now, government companies have not been able to raise oil prices in proportion to the international market. This is reducing the profits of the companies. Following the formula of excess supply plus loss and short supply causing less loss, companies have started working on the formula of less supply than demand. Due to this, the situation of 'rationing' of petrol and diesel has started appearing unannounced.
According to petroleum dealers, Reliance has stopped supplying petrol and diesel at its pumps. Naira is supplying only 40% of the demand for Diesel and 50% of the demand for Petrol. Similarly, HPCL has asked for advance payment. Even after this, only the requirement of two to three days is being supplied. Due to the scorching heat in many parts of the country, the demand for diesel for paddy irrigation has increased. Second, the demand for petrol and diesel has increased due to the opening of schools and colleges after the summer vacations.
The crisis is likely to increase further: the dealers informed the company and the government
Anurag Narayan of Forum of Like-Minded States has told the Secretary, Ministry of Petroleum and Natural Gas, that the supply of petrol and diesel has been reduced at the level of HPCL and BPCL throughout the country. Advance payment is being demanded from petroleum dealers across the country. No information is also being shared regarding the change in business practices. Due to this, the dealers are facing a lot of difficulties.
Uttar Pradesh Petroleum Traders Association has written a letter to HPCL Chief General Manager North Zone. Association President Ranjit Kumar and General Secretary Dharamveer Chaudhary say that there are 7,500 retail outlets for petrol and diesel in UP.
IOCL has been creating problems for the last few days by changing the fixed procedure for the supply and payment of petrol and diesel.
demand for supply
The All India Naira Dealers Welfare Association has informed the minister and the officials of the ministry about the problem. Association's vice-president Dharmendra Kumar Sharma has demanded to supply diesel petrol as per the demand of petrol pump dealers.
The government agreed - the demand increased but there was no crisis
The Ministry of Petroleum and Natural Gas has stated this crisis. The Ministry has recognized that there has been a significant increase in the demand for petrol and diesel in certain areas at specific locations. It is said to increase by 50 percent in the first half of June 2022 as compared to the corresponding period of last year. According to the ministry, the demand for petrol and diesel has increased at specific locations in some states like Rajasthan, Madhya Pradesh, and Karnataka. But the production is sufficient to meet the demand.
Wholesale buyers have shifted their purchases to retail shoppers. Apart from this, the effect of the government's action on illegal biodiesel sales has also been shown. The ministry has said, oil companies are ready to meet the challenge. For this they are ready to increase the stock at depots and terminals, increase the movement of tank trucks and work night shifts in depots and terminals.
profit-loss equation
In the international market in March this year, the rate of crude oil had reached an all-time high of $ 123.70 per barrel. The government has not allowed the prices to rise for almost two months so that the inflation rate does not increase. It is being told that due to this, companies are suffering a lot on the sale of petrol and diesel.
MEA: Why are eight former Indian Navy officers not being released? The Qatar government is not responding, family worried
Why are eight former Indian Navy personnel detained in Qatar's capital Doha? The family members seem very worried as there is no response from the Qatar authority in this regard so far. Among those
Bigg Boss 18: Vivian and Chahat clashed in the nomination task, this contestant's name came forward to be sent to jail
In the initial episodes of Bigg Boss 18, the contestants started fighting with each other. Not even a week has passed since the show started and fights have started inside the house over attitude and
Father's Day 2023: If you want to strengthen your relationship with your father, then these tips can be very useful for you.
Father's Day 2023: Often people are unable to give time to their parents due to busy lifestyles. Due to this, the most important relationship is affected. Even though parents may get angry with us,
Saiyaara Budget: You will be shocked to know the budget of 'Saiyaara', which earned 200 crores. The film was made in just this much crores
Despite no big stars and no major promotions, Mohit Suri's romantic musical drama Saiyaara is creating magic on the big screen. The story, songs and actors of the film have made the audience crazy.
Hanumankind: Viral rapper Hanumankind performed in the program 'Modi and US', and will also be seen in films
Rapper Hanumankind has become quite popular in India and other countries these days. A few weeks ago, he released one of his songs 'Big Dawgs' on YouTube, which was liked by the audience. This song of
Chris Jordan: IPL 2023 Shock to Mumbai, Jofra Archer out of remaining matches, England's Yorker specialist becomes replacement
In IPL 2023, the match is to be played between Mumbai Indians and Royal Challengers Bangalore on Tuesday. However, Rohit's paltan has already suffered a major setback before this. Fast bowler, Jofra
Avatar The Way of Water Day 1: Avatar 2 reached the maximum number of theaters, here are the final figures of advance booking
Ahead of the nationwide release of the film Avatar: The Way of Water' on Friday, the final figures for booking till last night have been revealed. The film has created a new record for booking for
India VS West Indies 1st T20 match today: Team India will go to break the record of Pakistan-England in the series, know the playing-11 of both the teams
After clearing the West Indies in the ODI series, now Team India will face the Caribbean team in the T20 series. The first match will be played at the Brian Lara Cricket Stadium in Trinidad. The
Happy Passia: Terrorist Harpreet Singh, mastermind of 14 blasts in Punjab, arrested in America; FBI's big success
US-based terrorist Harpreet Singh alias Happy Pasia has been arrested. The FBI and the US Immigration Department have taken him into their custody. He is responsible for 14 terrorist attacks in Punjab
HanuMan Box Office Collection: 'Hanu Man' dominates the box office, the film is just this far away from 100 crores
Hanuman Box Office Day 8 Collection: Telugu film 'Hanu Man', directed by Prashant Verma, competed with the big guns of the South, but still no one could defeat Teja Sajja. The film has been earning
