All the luxury brands like Gucci, Prada, Porsche etc. are in fear of being left behind. Another brand is gradually taking over the market and no one knows how to contain its rise. The rise of PETROL is now leading the market. Not only the brands but humans as well are scared to death because of its unprecedented takeover. In Pakistan, especially, petrol is dictating the socio political landscape of the country. It has become our everyday life story, witnessing the price hikes almost on daily basis. Although, we are fed up of the petrol price hikes, we even took it to social media and ranted about it but nothing much we did to bring the change. At the end of the day, we all met in a queue not to discuss the issue but to fill our fuel tanks before the announcement of further petrol hikes. Experts are of opinion that petrol will soon become the most expensive brand in Pakistan.
From Rs. Rs179.86 to Rs. Rs248.74 per liter, petrol has come a long way. The most expensive thing you could gift to your loved ones. We literally didn’t recover from the sudden price hikes that the Senator of Pakistan Muslim League Nawaz (PMLN), Afnan Ullah Khan caught us with yet another surprise. He warned the government that petrol prices might hit Rs. 1000 per liter because of the rising fuel prices in the market.
During the Senate Standing Committee on Petroleum, Senator Khan told the committee about the looming fears of further petrol price hikes in Pakistan. It is expected that the petrol price per barrel might reach $390 in the market which means petrol prices in Pakistan will skyrocket again.
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It was also noted that the fuel petrol consumption has also been affected due to the rising prices. Petrol consumption has decreased by almost 30 percent, as Senator Taj Haider said. Not only is this, because of the leakage in the system 30% of the natural gas produced is wasted.
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Amid the ongoing crisis, Chairman Ghiyas Abdullah Paracha of All Pakistan CNG Association (APCNGA) presented a solution to use and promote CNG as an alternate to petrol.
The daily price hikes are burdening for the citizens. The government needs to take notice of that believe us Rs.2000 alone won’t do the magic.