Another GST Battle Brewing on petrol prices As the petrol, gas and diesel prices shoot up, the memes on the central government abound. Old tweets are dug up and replayed over and over again to showcase the irony of the situation and how the tables have turned. In case you have not seen it, mimicry also has taken centre stage with 3 million views within a week of being uploaded. As the hue and cry over petrol price rises, the central government has gone into a spin over drive with a variety of reasons to explain the price rise. But the bottomline remains the same: Crude Barrels are currently ~$60 per barrel (159 litres) and the price is Rs. 100. When the price was $150 per barrel, the price was Rs. 70 in 2014. To put it in bigger context, assuming a dollar conversion rate of 75 (march 9, Indian government is earning Rs. 5,00,000 (5 lakh) extra per barrel and yet wants people to believe that it is managing the situation. Sinister Themes: Cripple state revenues through petrol price...