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Wahanaya Team · 21 days ago

Diesel and petrol went up again on Oct 1 — is the 'cost-reflective' formula actually fair to us?

From October 1, CEYPETCO raised Petrol 92 to Rs 414, Petrol 95 to Rs 475, Auto Diesel to Rs 392, and Super Diesel to Rs 528, under the government's automatic cost-reflective pricing formula that tracks global oil prices and the exchange rate. Supporters say this formula is exactly what keeps the CPC out of the massive losses that forced past bailouts, and takes politics out of fuel pricing so we stop getting surprise hikes before elections and surprise cuts after. Critics say a pure cost formula with no buffer just passes every shock straight onto three-wheeler drivers, lorry owners and daily commuters overnight, while bus fares and goods transport rates lag behind and squeeze margins first before anything adjusts. Do you think pricing fuel purely on import cost is the right call for a country where most households can't absorb a sudden Rs 50 jump on Super Diesel, or should there be some staggered adjustment or buffer fund built in? If you run a three-wheeler, lorry, or just commute daily, how has this month's hike actually hit your numbers? ඉන්ධන මිල සූත්‍රය සාධාරණද? ඔබේ අත්දැකීම කියන්න.
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