{"id":263176,"date":"2019-03-08T07:02:15","date_gmt":"2019-03-08T07:02:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263176"},"modified":"2019-03-08T07:02:15","modified_gmt":"2019-03-08T07:02:15","slug":"reasonable-petroleum-pricing-good-for-economy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reasonable-petroleum-pricing-good-for-economy\/","title":{"rendered":"\u2018Reasonable petroleum pricing good for economy\u2019"},"content":{"rendered":"<p>KOCHI:  India as a country should strive for a reasonable petroleum pricing which would incentivise both consumers and investors, said B Ashok, MD, Ratnagiri Refinery &amp; Petrochemicals. He was delivering the inaugural lecture at the 38th Annual National Management Convention 2019 organised by Kerala Management Association on Thursday. <\/p>\n<p>\u201cLow oil prices mean low investments, especially in the high-risk upstream sector. Under investment in the industry due to low prices has consequential long-term supply impact, while high prices impact demand and can potentially lead to deceleration of economic activities,\u201d said Ashok. He said India economic growth of 7-8 per cent can be limited without energy security. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>KOCHI: India as a country should strive for a reasonable petroleum pricing which would incentivise both consumers and investors, said B Ashok, MD, Ratnagiri Refinery &amp; Petrochemicals. He was delivering the inaugural lecture at the 38th Annual National Management Convention 2019 organised by Kerala Management Association on Thursday. \u201cLow oil prices mean low investments, especially in the high-risk upstream sector. Under investment in the industry due to low prices has consequential long-term supply impact, while high prices impact demand and can potentially lead to deceleration of economic activities,\u201d said Ashok. He said India economic growth of 7-8 per cent can [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-263176","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=263176"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263176\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}