Petrol prices on Wednesday breached the ₹90 mark in most parts of Chennai and other parts of the State. In most major south cities, the price of petrol crossed Rs 90. Retail petrol rates have risen by Rs 18.57 per litre since mid-March 2020, after the government raised taxes by a record margin to mop up gains arising from fall in international oil prices. Central and state taxes make up for over 61% of the retail selling price of petrol and about 56% of diesel.Motorists are worried as petrol and diesel prices continue to rise.
Meanwhile, memes related to petrol price hike are going viral on the internet.