Thursday, January 20, 2011

worries For Oil Companies will Last Long


Jaipal Reddy, The New Oil Minister Stated There Will Be No Increase In Diesel Price, Even Though Oil Companies Are Losing 7 Rs. Per Litre, Oil Minister Said To 3 State Owned Fuel Companies They May Loose More Then 70,000 Crore In Revenue This Year.................

He Even Said The Price Hike In Oil Was Done Last Week By Predecessor Mr.Murli Deora & Now Firms Are Loosing Only 1.22 rs. Per Liter Of Petrol & Diesel Which is Burning 7 Rs. Per Liter From Companie's Pocket..........