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Several filling stations in the city put up shutters yesterday displaying notices that there was no petrol.

Wednesday, 17 December 2008 - 11:43 PM SL Time

The gas was suddenly got evaporated as the price was reduced.

HOW COME this happen?

Source(s)
ti

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shan
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 		LK Information  17 Dec 2008 17:46:42 GMT  Report for Abuse  
Do they want to sell it to lower price? All are confused.
elephanthouse
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 		LK Information  17 Dec 2008 17:49:17 GMT  Report for Abuse  
Guess the guys did not want to sell the old gas stock purchased at a higher price at a loss.
kotia
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 		LK Information  17 Dec 2008 17:57:05 GMT  Report for Abuse  
Do they want to sell it to lower price? All are confused.


Guess the guys did not want to sell the old gas stock purchased at a higher price at a loss.


They have gas. But they pretend they do not have gas.There should be a formula to figure out sudden changes. I have never seen such things here in the USA.
laliths
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 		LK Information  17 Dec 2008 18:08:03 GMT  Report for Abuse  
This is called Hoarding.

But why?

Prices should come down.

I don't see the logic in this.

There should be flying squad like inspectors who do spot checks for
supply availability and penalize for creating undue hardship on civilians. This is a kind of an organized maneuver to discredit the GOSL.
kotia
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 		LK Information  18 Dec 2008 02:39:02 GMT  Report for Abuse  
No change in petrol price

There will be no change in the price of petrol immediately.

A press release issued yesterday evening by Director, Government Information Department Anusha Pelpita said: 'H.E. the President informed the Cabinet of Ministers that the Supreme Court has taken a decision on fuel prices.

It was decided to obtain a copy of that decision and afterwards the Cabinet should meet again tomorrow. There will be no change in fuel prices for the time being.'


The link is,

http://www.dailynews.lk/2008/12/18/news11.asp
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