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What is the price of gas in India?
Price of gas is $3.00 per gallon in India. This price is to go up
by 8% in the near future. Part of the reason for the price is high
duties levied by the government. 2/3 rd of India's consumption of petroleum
products is imported. The government tries to limit imports by levying
high duties as India's foreign exchange reserves are only $20 billion.
The price is the same for 87 through 93 octane varieties.
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