[mayurpathak]

I recently traveled to Delhi for a personal trip. I was roaming around with my brother in law in the New Delhi city, enjoying the heat from inside of the air conditioned car. So we pulled over a fuel filling station. A liter of petrol in New Delhi will cost you around 45 INR (roughly a little more than a dollar, at current conversion rate). So we roamed and we had to go to the filling station again, this time in Noida. I was amazed looking at the petrol prices in the country national capital reserve! The price was well over 50 INR. So for every 10 liters I purchased, I could get a liter free if I did the same purchase in New Delhi?

Well well well... it was really surprising how petrol prices could change in space of mere 100 meters. So much for the taxation difference in states. (Noida is in Uttar Pradesh).This put a big question in my mind. Who governs the prices across the globe? Is it the oil moguls? Is it the suppliers? As usual I have turned to CE for help. Can I have an insight from the wise and knowledgeable CEans?

We have a global audience here. I hope we could be able to compare global prices, the differences and the reasons for fluctuation. May we we can come up with some thing to revive the lost cause of controlling the fuel prices.