The government has decided to inflict the masses with the Petrol Bomb by raising the prices by 4-7 rupees per liter, Dunya News reported on Sunday. According to the sources of the petroleum ministry, petrol prices would be increased by 5.97 rupees, diesel by 4.51 rupees, HOBC 7.11 rupees and kerosene oil by 5.15 rupees per liter from 1st November, 2010. The notification of the new rise in prices would be issued by 11pm on 31st October, 2010. The rise in the petroleum prices would affect the masses while the prices of electricity, transport, Railways, PIA, wheat, flour, rice, sugar, dairy products, meat and vegetables would also suffer a tremendous increase. According to experts, this decision of rise in prices would cause inflation to soar by 8 percent.
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