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Petrol and diesel crisis has started in many parts of the country including Uttar Pradesh, Rajasthan, Madhya Pradesh, Haryana, Gujarat and Karnataka. At many places the pumps have to be shut down for hours. 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 increase in demand by 48 to 54 per cent in 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.