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RE:appropriate report card
by hanif mohammed on Jun 12, 2008 03:30 PM

Hello Mr Kabir - the crude oil price cannot be equated with refined petroleum products. For USD 130 you get to buy a barrel of crude oil, which has to shipped to a refinery, and converted to various petroleum products, and thereafter transported to different parts of the country. The killer is taxes imposed by centre and state governments !! The tax should be fixed on quantity, rather than on esclating price.

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Where is the money going?