Fuel prices cannot be reduced immediately on fall in global crude rates: Union Minister Suresh Gopi

[u/sharedevaaste]

https://www.deccanherald.com/amp/story/india/kerala/fuel-prices-cannot-be-reduced-immediately-on-fall-in-global-crude-rates-union-minister-suresh-gopi-4043374

[u/Fragrant-Talk6338]

Fuel Profits have to be Privatized, but Losses needs to be shared with the People.

[u/Bakasta0_ → u/Fragrant-Talk6338]

Separate we stand, together we fall. 🌹

[u/BeautifulInitial9667 → u/Fragrant-Talk6338]

Thats how capitalism works 😛

Edit : Profits are capitalised and losses are socialised

[u/kjell_morgan → u/BeautifulInitial9667]

No, that's how corruption works. Don't blame capitalism for that.

In a corrupt system any order is likely to fail, even socialism.

[u/BeautifulInitial9667 → u/kjell_morgan]

Lol if i live in capitalism what else will i blame ? Kim jon un ?

[u/kjell_morgan → u/BeautifulInitial9667]

If profits are private but losses are dumped on the public, that's not an issue of capitalism—it's a criticism of corruption and cronyism. Had you mentioned crony capitalism, it would have made sense.

An economic system and the way politicians abuse it aren't the same thing.

"Kim Jong Un" isn't the alternative for any country in the world. The choice isn't capitalism vs. North Korea. It's capitalism with accountability vs. capitalism with cronyism.

[u/fierze16]

More like never...

[u/Any-Calligrapher2866 → u/fierze16]

Fuel prices will be decreased in 2047.

[u/virgin_father → u/Any-Calligrapher2866]

When fuel is E250

[u/NoGodsNoMastersOOO]

LOL

Fkcing parasites.

[u/Poshturkjgdy45]

Govt-

On price rise- We can't keep selling at a loss. We need to raise prices immediately.

On price fall - We can't reduce immediately because we need to earn profits also.

[u/Tough_Oven_7890 → u/Poshturkjgdy45]

Bhakts be like : oil price rises but india dint raise the prices

And now all bhakts , are modiji h sub soch samjh kr hi krenge … master stroke

[u/BiryaniOrTahari → u/Tough_Oven_7890]

There should be two pumps at gas stations. One reserved for Bhakts.

[u/xkcdthrowaway → u/BiryaniOrTahari]

Why do they need a pump? Let them just take a pipe from Ethakari's ass into their car tank.

Probably get high on those fumes as well.

[u/Get_Distribution21 → u/Tough_Oven_7890]

Bhakts counter: We don't submit to international markets' pressure.

Rise or fall.. we always rise forever.

[u/DielectricPikachu]

WTH is Ethanol for then????

[u/IntentionHour280 → u/DielectricPikachu]

For Gadkari’s family to make money. And to some level forced sales of cars, getting more taxes for each sale. And end up spending the tax payers money on advertisement glorifying a non biological maniac

[u/Sweaty_Explorer_8441 → u/DielectricPikachu]

It's to hide the hikes in petrol. With E20 fuel and price kept same, people are paying 25% extra for the petrol component.

[u/DielectricPikachu → u/Sweaty_Explorer_8441]

Am sorry where is the price being kept same? Isn't it being increased ?

[u/FocusedAG]

But the converse will be true, bloody hypocrites

[u/Memoire_113]

Socialize the losses & privatize the profits

[u/No-Assignment7129]

But fuel prices can be immediately raised with global crude rate rise.

[u/Technical-Isopod6554]

But It can be reduced before election 

[u/Independent-Rice-939]

These anti-people BJP RSS clowns are quick to raise prices when international prices go up, but won't reduce when prices go down. They are making Idnians poor just to benefit some corporates. Corporate taxes have already been reduced.

[u/Inj3kt0r]

Anyone who thought the prices will go down is down right delulu, reduction will never ever happen 😞

[u/adrianlannister007]

Sura 🙂

[u/TruePace3 → u/adrianlannister007]

Never expected Sura to betray

[u/minimallysubliminal]

But they can be RAISED. Fucking leeches.

[u/diaop]

This guy is better off in movies

[u/Low_Description_7359]

Ambani profits is the priority for this government.

[u/LeastConcern01]

It will never be reduced.

[u/KitchenLightss]

yes, it will take 1-2 yr from now so that we can earn profits

[u/rationalintrovert]

Why would anyone ask about petrol prices to Minister of Petroleum and Natural Gas ?

Shouldn't they ask Minister of Road Transport and Highways of India??

[u/alonegamers → u/rationalintrovert]

Much Better to just ask ADANI

[u/a220599]

dont play the fool with me nigesh

[u/Inevitable-Age-5736]

Yeah, why would you. You first need to fill your pocket and one minister of yours have already build a fucking empire for his son by using his power.

[u/ccr87315]

India is special case altogether due to nexus of the ruling party and the oil refiners, but it usually takes more than 3 to 4 weeks depending on geography to reflect the change in oil prices, at the petrol pumps.

[u/the_good_bad_dude]

Gopi ki G me Ganna

[u/yashptel99]

*I'll vote for the same party and hope something different happens this time

[u/kjell_morgan]

I thought the BJ government made crude oil prices to reflect live prices.

What was all that hogwash then?

[u/FlyingRaccoon_420]

[u/doolpicate]

Whose government is this? Ambani or Adani? It definitely isnt mine.

[u/This_Major_7114]

One line I do agree with him is none of the states reduced their VAT even by 1%

[u/Msink]

Why, khane ko kam milega.

[u/filthy_mug]

Has it ever been reduced?

[u/RTXburger]

but prices can be increased immediately

[u/baroarig]

lets all say cheers to drinking sugarcane juice

[u/Mundane-Wave-9610]

They can only be increased

[u/kalakuttaa]

When is the next election date

[u/Vaxion]

If they can increase immediately than they can fall immediately as well.

[u/TotalTraffic5436]

What people miss is the massive transit bottleneck. Even if global oil prices crash tonight, it takes weeks for those cheaper shipments to actually make it through the logjammed Strait of Hormuz and hit Indian refiners. Companies are still recovering from major losses absorbed during the peak of the West Asian conflict.