Petrol Crunch in Maharashtra, Disaster in waiting?

While the oil companies are feeling the heat because of the rising oil prices, the government too feel compelled to go for another fuel price hike shortly. This time, the hike may hit the consumers hard, as the Petroleum Ministry has proposed a hike of Rs. 10 in petrol, Rs. 5 in diesel and Rs. 50 in gas prices.

The panic situation has already been created in several parts of Maharashtra. According to latest reports, Navi Mumbai, Nasik and Aurangabad are facing petrol crunch, as most petrol pumps are turning away the customers, saying petrol is not available. The shortage of petrol is feared to grip the entire country if the government does not take a definite stand soon.