THIS is regarding the recent shortage of gasoline at petrol pumps immediately after the reduction in prices. I just want to raise a point that whenever there is price rise announced by the authorities concerned, the dealers happily increase all prices without even thinking for a moment that they had bought all earlier stocks at the lower prices.

However, whenever (which is rare indeed) there is reduction in prices, the dealers block selling of petrol immediately, giving the excuse that they had bought the inventory at higher prices, so why should they sell it at lower prices. They say they will sell only when cheaper supplies come in.

Apparently, it is a logical principle but it should also be applied when there is price hike. Then they should sell all previous stocks at lower prices and increase prices only when the next or rather expensive supplies come in.

Secondly, I also want to draw the attention of the authorities concerned towards the sudden enhancement of transport fares that are not increased in proportion to the gasoline price rise but many times over which is most unfair and unacceptable. In contrast, transporters never bother reduction in fares even in line with the fall in prices.

MUHAMMAD NAEEM Karachi

Opinion

Editorial

Weathering the storm
Updated 29 Apr, 2024

Weathering the storm

Let 2024 be the year when we all proactively ensure that our communities are safeguarded and that the future is secure against the inevitable next storm.
Afghan repatriation
29 Apr, 2024

Afghan repatriation

COMPARED to the roughshod manner in which the caretaker set-up dealt with the issue, the elected government seems a...
Trying harder
29 Apr, 2024

Trying harder

IT is a relief that Pakistan managed to salvage some pride. Pakistan had taken the lead, then fell behind before...
Return to the helm
Updated 28 Apr, 2024

Return to the helm

With Nawaz Sharif as PML-N president, will we see more grievances being aired?
Unvaxxed & vulnerable
Updated 28 Apr, 2024

Unvaxxed & vulnerable

Even deadly mosquito-borne illnesses like dengue and malaria have vaccines, but they are virtually unheard of in Pakistan.
Gaza’s hell
Updated 28 Apr, 2024

Gaza’s hell

Perhaps Western ‘statesmen’ may moderate their policies if a significant percentage of voters punish them at the ballot box.