The subject article written by Sh. T N Ninai is alarming and educative but the three big state owned oil marketing firms are going in continuous loss is not because the sale price of oil per liter in the market is less but their daily overhead expenses are so high that even if they cut them by 20% or so then these oil marketing firms will be profit making firm. 20% or so cut will not force them to compromise with quality of oil but definately with their luxurious life style viz centrally air conditioned offices/ buildings, food on the house/subsidised, hiring of extra number of vehicles than required to discharge daily duties.The unnecessary running of ACs,fans and lights etc also add to the loss of these firms. I stop here since the list can be unending.
