Yesterday, I posted about the Trucker's strike and its possibility of increasing costs to common in basic necessary things which may halt the falling inflation. Now today I saw in TV, that in almost all Metros 25-30% of the PETROL PUMPS are dried out due to lack supply since PSU oil companies are on strike. According the reports they can manage for couple of more days. What after that? What the government is doing for these kind of strikes particularly in this type of conditions??? Again here common is going to suffer for day today activity if supply didn't revert back to normalcy. According to reports IOC's seven refineries were producing only 40% of their output with production being impacted at its key refineries of Panipat and Mathura.Its Koyali refinery in Gujarat was producing only 25% of the normal output, while BPCL's Mumbai refinery was operating at 70% of its capacity. IOC Director (Marketing) GC Dagga said the product offtake from refineries was only 10% yesterday and this was causing supply constraints.
Courtesy
TOI
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