| Suggestions | Potential outcome |
| Refinery gate price to be fixed on average of global petro product prices | Will hopefully end debate on different gate prices, will bring transparency |
| Fuel quality to set retail price; transparency on profit/taxes charged | Should help OMCs realise value, promote quality |
| Segmentation of diesel according to use | Doable but requires political will, monitoring |
| Monthly hike in petrol, diesel and LPG prices; retain targeted subsidies | A politically volatile decision, has never been done thus far |
| Windfall tax on over $75 pb of oil from exploration blocks awarded before 1999 | To impact mainly ONGC; leaves out issue of high refinery margins |
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A
Outlook
