As the polls are over and as crude oil prices have shotted to historic highs, a possible revision of fuel prices is on the line for the union government. The union government on December 22nd hinted at a possible revision of fuel prices, saying it cannot hold on to the current rates indefinitely. “There is no carpet where you can keep the price shocks for indefinite period without affecting the economy,” said External Affairs Minister Pranab Mukherjee, who heads a Group of Ministers on oil pricing. High doses of subsidy have so far kept the consumer insulated from the surge in global crude prices, which has touched nearly $100 per barrel from $36-40 when the government came to power in 2004, the minister said, after inaugurating a seminar. Is the left hearing, its time to protest!