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.
Jyoti Malhotra: Another revelation... Jyoti met the young man who brought a cake to the embassy after the Pahalgam attack in Pakistan.
With the emergence of another video related to YouTuber Jyoti Malhotra, who was caught on charges of spying for Pakistan, the suspicion of the investigating agencies on her is deepening. Jyoti is seen
NEET-UG Row: When Rahul called the examination system rubbish, the Education Minister reminded him of history; Read the heated exchange
There was a lot of uproar in the Lok Sabha during the monsoon session on the NEET paper leak issue. The opposition surrounded the government on this issue. Leader of the Opposition Rahul Gandhi said
ODI World Cup: 'Scared captain...', Pakistani legends targeted Babar Azam, Malik-Moeen said this
Former Pakistan captain Moin Khan fiercely targeted current captain Babar Azam after the defeat by India in the World Cup match on Saturday. India continued its winning run in the tournament by
'Dil Se Bura Lagta Hai Bhai...', this last video of Devraj Patel who made the world laugh is making everyone cry
YouTuber & Comedian Devraj Patel's Last Instagram Video: Once again bad news is coming out from the entertainment world. Young artists are saying goodbye to this world one after the other. In such
UNSC: 'India has never had to stand alone in the United Nations, Permanent Representative to the UN Ruchira Kamboj
India's permanent representative in the United Nations Security Council, Ruchira Kamboj, gave such information which shows that India does not back down from its principles under any circumstances.
'Traveling to space is a unique experience.', Shubhnshu Shukla met his family after spending 18 days in space, and became emotional.
Astronaut Shubhanshu Shukla, who returned to Earth after an 18-day mission on the International Space Station, became emotional on Wednesday after meeting his wife Kamna Shukla and six-year-old son
Death toll in Wayanad landslide rises, 152 people still missing; PM Modi will take stock on August 10
The death toll in the devastating landslide that occurred in Kerala's Wayanad after heavy rains in the past few days has risen to 413, while 152 people are still missing. Relief and rescue operations
PM Modi Namibia Visit: Meeting with the President, address in Parliament... PM Modi reached Namibia after Brazil; Know the full schedule.
Indian Prime Minister Narendra Modi arrived in Namibia's capital Windhoek this morning. He was given a grand welcome here. This is his first visit to Namibia and the third visit by an Indian Prime
Gujarat Rain: The situation in Gujarat has become uncontrollable due to floods, so far 61 killed; PM Modi sent teams from the center
Prime Minister Narendra Modi spoke to CM Bhupendra Patel over the phone amidst the deteriorating situation due to heavy rains in Gujarat and floods in many districts. It was told by the Gujarat CM's
Ram Mandir Pran Pratishtha: The country will be blessed with Ram... Lakshmi will also rain, expected business of Rs 50 thousand crores
The consecration of Ram Lalla in the grand temple in Ayodhya on January 22 is going to be a very happy occasion not only for the devotees but also for the businessmen. The business world is busy
