Modi Skipped the Cheapest Oil in Years and Kept Your Petrol Expensive - ₹116 Crore Daily Profit for Oil Giants, Zero Relief for You
Modi Takes a Bow as oil Companies Mint ₹116 Crore a Day – While India’s Fuel Security Remains a National Joke
Brother, crude oil just hit its lowest level since COVID, and the oil marketing companies are laughing all the way to the bank. ₹116 crore profit. Every. Single. Day.
And Modi Ji steps up for the photo-op like he personally negotiated the discount.
Let’s cut the chest-thumping and talk brutal facts.
India’s strategic petroleum reserves? Still stuck at a pathetic 9.5 days of import cover – unchanged in over a decade. china went full beast mode and built massive buffers. Us? We’re sitting on just 5.33 million metric tonnes from Phase-1, and even those caverns are only 64% full in 2026.
When crude was dirt cheap at $50 a barrel, the smart move was obvious: fill every damn cavern to the brim. Instead, they did the exact opposite.
Brother, crude oil just hit its lowest level since COVID, and the oil marketing companies are laughing all the way to the bank. ₹116 crore profit. Every. Single. Day.
And Modi Ji steps up for the photo-op like he personally negotiated the discount.
Let’s cut the chest-thumping and talk brutal facts.
India’s strategic petroleum reserves? Still stuck at a pathetic 9.5 days of import cover – unchanged in over a decade. china went full beast mode and built massive buffers. Us? We’re sitting on just 5.33 million metric tonnes from Phase-1, and even those caverns are only 64% full in 2026.
When crude was dirt cheap at $50 a barrel, the smart move was obvious: fill every damn cavern to the brim. Instead, they did the exact opposite.
Petrol prices never dropped the full ₹7–10 per litre you were owed. They kept OMC margins fat and healthy while telling you they “protected” you from global shocks. diesel is already showing under-recovery of ₹81.90 a litre. Eighty-eight percent of our crude is imported. One real supply hiccup and the country is on its knees in nine days flat.
The magic trick isn’t governance. It’s making you clap for crumbs.