Bangladesh, Jan. 28 -- LPG is no longer a luxury in the country-it has become a daily necessity for low- and middle-income people in both urban and rural areas. In the absence of pipeline gas, millions have been forced to depend on LPG.

Yet the market for this essential fuel has now become a symbol of extreme irregularity, instability, and lack of control. The LPG crisis is not merely a market failure; it is a burning proof of weakness in governance.

In recent times, abnormal price fluctuations, uncertainty in supply, and the absence of effective oversight have caused severe suffering for ordinary people. Although the government sets an official price, it has little to no practical effect.

Prices vary from dealer to dealer; consumers fac...