Why does petrol cost so much for me????

I am buying petrol at about Rs. 44.5 (INR)
And was just reading an article about how gas (petrol) prices have gone UP in the US. A quick search tels me that its about $2.15 (USD) to a gallon - that is about Rs. 24.7 (INR) a litre. Now thats cheap.

So why this government thinking of incresing the fuel prices??? Any good reason for a further hike when we are already over-paying for the fuel we use...

Strange and Sad :-(