Government will check fluctuation of oil prices: Deora

Expressing his concern at the spiralling fuel prices, Minister for Petroleum and Natural Gas, Murli Deora on Wednesday said that the government would intervene if the global oil scenario remained volatile. Addressing the media at a seminar in New Delhi, Deora categorically maintained that though fuel pricing was presently in the hands of oil companies, the authorities would take action if rates continued to fluctuate. However, despite the price hike, nearly 75 percent Indians would be using LPG as a fuel source by 2015, revealed the Petroleum Minister.