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Petrol crisis is on the rise, severe shortages in country

Petrol crisis is on the rise, severe shortages in different parts of the country

ISLAMABAD: Petrol prices have fallen sharply in different parts of the country due to fall in prices of petroleum products as private petrol pump owners have refused to sell cheap petrol.

On the other hand, the rush of vehicles at PSO petrol pumps has increased and PSO says that there is no shortage of petrol at their petrol pumps.

On the other hand, private petroleum companies are of the view that the government has drastically reduced the prices of petroleum products which they have oil.

They had bought the stock at the previous price but now that the prices have been reduced and the petroleum levy has been increased, it is not possible for them to sell cheap petrol. PSO sources said that the owners of private petrol pumps have created an artificial shortage as there is no shortage of petrol.

The government should take notice of this situation.

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