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Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/recovery-means-oil-getting-slick-again/articleshow/88981436.cms Synopsis Backed by a robust tax collection, GoI should cut tax on fuels, nudge states to follow, and keep alive the proposal to bring petrol and diesel under GST. Big shocks soften oil prices . A hint of recovery sparks a surge. And when Brent drifts outside the comfort zone, big boys step in to cut deals. That has been recent experience. After soaring to $147 a barrel before the Lehman collapse, it plunged to $46 in early 2009, a few months after the Wall Street bank failed, only to cross $90 a year later. Competition from...