Increase in petrol price???

Current key thing in news is Fuel price raise. Every magazine, news paper has a separate column to deal with.

Really, what is the reason for increase in fuel price? Is that the demand of it? What does the government do for this? Are they trying to resolve the issue? Every year lakhs and lakhs of vehicles gets increased wide over the country. Can this be an impact for petrol demand?

Any replies/comments are appreciated…..