Someone please answer...

http://www.iocl.com/Aboutus/FinancialPerformance.aspx
Someone please explain how these companies are churning out profit year after year/ quarter after quarter; yet they want to pinch more from the common man.  They say they want to increase the price of oil yet again. Why? Where are they siphoning this profit? If they were in loss, it should reflect in their financial statement.

The products obtained from 1 barrel of crude oil


Petrol - 73.8 1ltr
Diesel - 34.82 ltr
Jet fuel - 15.5 ltr
Furnace Oil - 8.7 ltr
Liquid gas - 7.19 ltr
Steel Gas - 7.19 ltr
Coal - 6.81 ltr
Bitumen - 4.92 ltr
Petrochemical feedstocks - 4.54 ltr
Lubricants - 1.89 ltr
Kerosene - 0.75 ltr
Others - 1.13 ltr
 
Is the government using the oil companies to take money for their own use?

Is this how they are worming out off every scam that they face?

Is this why no probe seems to bother them?

I had raised this doubt in one of my earlier post but I find no answers.

Forgiveness = 1 crore

Yes.. that is the price for forgiveness in God's own country. Until then, they were hell bent on getting justice. They wanted the Italian marines to be jailed and given maximum punishment. But 1 crore changed everything. The boat owner has even changed his stance; he says he is no longer sure if it is the same ones who killed the fishermen.

The relatives of the dead fishermen has heard a good earful from the court. They rightly said that they shall no longer entertain such cases and that their time has been wasted.

It required only 1 crore to evoke Christ's style of forgiveness. For sure they were tutored by their well meaning priests but the Keralites were ridiculed enmass when they wanted the Italians to go free. They could have just accepted the compensation and let the case run it's course but instead they went ahead and told the court that they wanted the case against the Italians cancelled. And since the government itself was looking forward to the same, it has become easy.

Methinks, GOC can become a sought after tourist destination for trigger happy beings. You can shoot to kill if you have enough money to pay for it!

And who knows, these Italians may soon be on their way to become saints too. After all, how else would these family have ever seen 1 crore. The Church may have been praying hard for these poor Italians, if not for the fishermen's family.