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Can government reduce petrol price?

Petrol and diesel prices are seeing an all-time high surge in the prices putting a hole in the common man’s pocket. The surge in fuel prices brings inflation everywhere. Be it food, clothing, transport, housing anything. Let's discuss what is the reason behind the surge in prices, who controls the pricing, how the fuel prices are decided, why India imports so much oil, is there a hope of price deduction in future. Are electric vehicles a viable option? Does the government have any power to regulate or change these prices? Let's discuss. ------------------------------ ------------------------------ Gadgets I use: Camera: Canon EOS Link: https://amzn.to/44kihMS Printer: HP Link: https://amzn.to/3JTXUib Camera stands: Jaerb and Innorel https://amzn.to/46pQkVS https://amzn.to/46ok1GT Mouse: Lenovo: https://amzn.to/3XotDNE Apple: https://amzn.to/3NM95eO Lights: Godox Link: https://amzn.to/3NKV1m2 Laptops: HP: https://amzn.to/46oCLpW Macbook: https://amzn.to/42SZQOo iPad: https://amzn.to/46qG93l CPU: https://amzn.to/3CKg95u Softlight: https://amzn.to/3NuaQfg Phone: https://amzn.to/3r1ti7I ------------------------------ Book: The Broken Pillars of Democracy by Nitish Rajput Hindi: https://amzn.to/3EWahol English: https://amzn.to/3t7ROmJ Social Links: Instagram:   / nitishrajpute​   Twitter:   / nitishrajpute​   Facebook:   / nitishrajpute​   Youtube:    / nitishrajput   Website: https://www.nitishrajput.com