Refineries May Shutdown Amid Fuel Prices Deregulation PlansBy Omar Faruq On Apr 24, 2024https://www.pakwheels.com/blog/refineries-may-shutdown-amid-fuel-prices-deregulation-plans/

These scrapped & obsolete plants bought in condemn condition from abroad giving out obsolete Euro II sulfur & manganese-laden unhealthy fuel to go into their respective graves.
Auto companies are always weeping about orphaned JDMs being sold in the local market, why do they never weep about the orphaned oil refinery machinery being imported in bulk. Eye opener: the global oil mafia is much stronger than the local auto mafia. Often times these machines cause accidents unsurprising since they were retired from abroad because of being deemed unsafe. Many workers die but who cares? Did you see any news of factory workers dying in oil refinery workplace-related or occupational accidents?

They are not happy if the fuel prices are regulated, and they’re not happy if they will be deregulated. Forever unhappy entities, a load on the back of our society.

The Oil Marketing Companies are rubbing their hands in glee though, as they apparently have managed to influence the deregulation policy in their favor. The oil refineries association, petrol pump owners association aren’t happy, and the news doesn’t even mention any consumer association.

Competition Commission has no teeth. Historically, majority of its decisions are challenged in court and granted repeated stays by corrupt judiciary. The type of collusion seen with HOBC recently would become common even with RON92 petrol. Corporations cannot be entrusted with guardibg public interest. Their only objective is profiteering, regardless of wider consumer and country’s macroeconomic interests.