UncleFai
Senior Member
http://www.straitstimes.com/news/si...increases-case-petrol-companies-here-20150225
Hope CASE whack them hard...
Hope CASE whack them hard...
Petrol companies exploiting the opportunity
- Thread starter UncleFai
- Start date
Sorlee lo.. its a kind reminder to the petrol companies to justify.. In the end it will be justified. . Ie.. The same argument that they hedge against the oil prices.. etc etc.. its a wayang "I scratch your back, you scratch mine" scenario... Although I hope I'm wrong.. ahhaha.
SilverPine
Senior Member
Talk about the petrol price, in Malaysia for 97 unleaded petrol current price is RM 2.00 per litre for Singapore registered cars. The petrol price different between two countries just too great, in the past petrol companies had mention many time that the high cost of land and labour had contributed to the high petrol price in Singapore.
IMHO we shouldn't bring Malaysia into the discussion as their fuel prices were previously subsidized, and now using a managed float approach. Local pump prices are largely in line with other countries without fuel subsidies.
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Latest article. Shell drops price by 2cents/litre
http://www.straitstimes.com/news/si...petrol-prices-the-pump-2-cents-litre-20150225
http://www.straitstimes.com/news/si...petrol-prices-the-pump-2-cents-litre-20150225
A good one by the government. As we thought that we could save some dollars at the gasoline stations given the plunged of world oil price, the government suddenly decided to raise the petrol tax. The petrol prices have raised back to the normal levels given the tax hike. If global oil price rebounded back to US$80 and above in the coming months, we will see further upwards in petrol prices.
The petrol tax hike is one of the best tax revenues by the government as it will affect everybody. Those who don't drive think that the raising petrol prices will have no impact on them are too naive.
The petrol tax hike is one of the best tax revenues by the government as it will affect everybody. Those who don't drive think that the raising petrol prices will have no impact on them are too naive.
Wow... "owning a car is a priviledge not a right"
Big Kahuna
Senior Member
The effectiveness of our carbon tax is questionable.....I just feel as a city state...gov should do more to promote...or even mandate public transport operators to use clean renewable energy as they generally hogging our road the most......I've took electric buses in San Franciscoc...0 carbon emission....quiet...air conditioned and as comfortable......that was many years back.....I am not sure about the upfront and operation cost....but at the very least....the gov should show us some feasibility study rather than simply awarding another new fleet in diesel engine :dunno:
Bukitimah
Senior Member
I just hope major changes can be made to the way we pay for basic commodities like rice, petrol, sugar, etc.
Government should control such prices and should there be adjustment, it should be through tax and not for retailer to jack up based on how they compute like the case of petrol. These idea of leaving free market is not working in singapore because in our case, most are monopolised by a few players. NTUC and POSB are now also part of the players.
Government should control such prices and should there be adjustment, it should be through tax and not for retailer to jack up based on how they compute like the case of petrol. These idea of leaving free market is not working in singapore because in our case, most are monopolised by a few players. NTUC and POSB are now also part of the players.
Many of us think like you do. But will our govt do it? Just look at history...
Monkey see monkey do.
There are already various mechanisms and disincentives in place to curb car ownership and usage.
Ownership-hefty import duties, COE
Usage-ERP, petrol duties
With the ERP already in place to regulate overall usage to prevent confections, why is there a need to still touch the petrol duties?
Ownership-hefty import duties, COE
Usage-ERP, petrol duties
With the ERP already in place to regulate overall usage to prevent confections, why is there a need to still touch the petrol duties?
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