Monday, April 6, 2009

THE LIAR GOVERNMENT,CHEATS IT'S OWN PEOPLE

Do you know how the fuel price is calculated in India?

Suppose if the petrol price per litre in Chennai is Rs 51.90, here the break-up of cost calculated by the government:
  • Basic Price = Rs 21.93
  • Excise duty = Rs 14.35
  • Education Tax = Rs 0.43
  • Dealer commission = Rs 1.05
  • VAT = Rs 5.5
  • Crude Oil Custom duty = Rs 1.1
  • Petrol Custom = Rs 1.54
  • Transportation Charge = Rs 6.00
  • Total price = Rs 51.90

So for a Rs 22 litre petrol at pumps, consumers in India pay Rs 28 tax extra.

Further 1 barrel of crude oil = 42 US gallons (159 liters or 35 imperial gallons). It produces 19.5 gallons of gasoline or petrol (74 liters), plus many other products such as kerosene, etc.

now 1 barrel costs $ 52, and $ 1 equals to 50.2 INR that is INR 2610.10 for 1 barrel.
and at INR 43/ltr of petrol govt makes INR 3182 from the sale of petrol itself,however there are various other products made from that same 1 barrel that approximates as

Every 42-gallon (159-liter) barrel of oil can be refined into 

  • 19.4 gallons (73 liters) of gas, 
  • 10.5 gallons (40 liters) of diesel, and 
  • 4.1 gallons (16 liters) of jet fuel, not to mention lots of other marketable stuff.


Every 42-US-gallon barrel of crude provides a little more than 44 gallons of petroleum products. This is gained due to processing of crude. From one barrel we get (in gallons):

  • 7.27 gallons (27.5 liters): Other products (feedstocks for petrochemical plants, asphalt, bitumen, tar, etc.)
  • 1.72 gallons (6.5 liters): Liquefied Petroleum Gases (LPG)
  • 3.82 gallons (14.5 liters): Jet Fuel
  • 1.76 gallons (6.6 liters): Heavy Fuel Oil (Residual)
  • 1.75 gallons (6.6 liters): Other Distillates (Heating Oil)
  • 9.21 gallons (35 liters): Diesel
  • 19.15 gallons (72.5 liters): Gasoline

From petrochemical feedstocks many everyday-life products are then obtained. Some examples are:

  • fertilizers for agriculture
  • plastic toys and gadgets (bags, computer cases, etc.)
  • bubble gums
  • car tires
  • perfumes
  • petroleum jelly
  • ammonia
  • washing liquids 
so now u have an idea how much the govenment earns on each barrel of petroleum,and still keeps crying that the oil companies are in great losses,so what do u think should be prices of the petroleum products.
and the most important question why has been the government whether upa or nda lying.get up u lousy creatures ,how long will u take this injust.get up ask questions


JAI HO JAI HO


THE LIAR GOVERNMENT,CHEATS IT'S OWN PEOPLESocialTwist Tell-a-Friend

3 comments:

  1. guru i think we are stuck up in between a flock of sheep or some great dumb asses cause no one except u n me read this very relevant matter and will never do i feel in future,else people would have expressed themselves either on this or any any other post

    ReplyDelete
  2. no dude dnt get depressed...i've read it...its a gud work!!!

    ReplyDelete