12

Jun

Does the deregulation of fuel prices will be benefited to the consumers?

Posted by admin as Fuel Prices

By giving the power to the petroleum company to fix up the prices of fuel – petrol, diesel and gas – whether the the people expect the reduction in price or it will allow them or give more reason to increase upward, and the government just look at the collection of the taxes and duty on the same, instead of controlling the same for the benefits of the public.

No.

Just did it! says June 13th, 2009 at 12:08 am

prices are already deregulated.
what you are talking about is price-fixing, and it is illegal.

price controls will lead to gas shortages and black market with prices way above government one.
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