Ichiyen Clutched October 10, 2008 Share October 10, 2008 woah.. everywhere i know is selling at 80cents minimum... even my place at telok blangah going for 90c liao ↡ Advertisement Link to post Share on other sites More sharing options...
Ngck 3rd Gear October 10, 2008 Share October 10, 2008 wah damn...the moment markets opens in US, it's falls downwards... at current...it's hit US$78.61 per barrel and believe more to drop... hope local cartel will be adjusting the price soon ! up up down down..... just a game by the power traders... who earn/lose big bucks playing this game we are just suckers who lan lan take what we are given.. Link to post Share on other sites More sharing options...
Ichiyen Clutched October 10, 2008 Share October 10, 2008 any chance will our petrol prices fall to $1.60 region? lol Link to post Share on other sites More sharing options...
Ngck 3rd Gear October 10, 2008 Share October 10, 2008 i guess i have to quote Don Henley. It will happen when hell freezes over. Link to post Share on other sites More sharing options...
Papbest Neutral Newbie October 10, 2008 Share October 10, 2008 wah damn...the moment markets opens in US, it's falls downwards... at current...it's hit US$78.61 per barrel and believe more to drop... hope local cartel will be adjusting the price soon ! Sorry to inform u that local cartels work 9-5pm ( Monday - Friday ). The earliest they will revise is Monday. I expect a further 6-10 cent drop. Malaysia pump price is slated to drop too in a couple of weeks time by another whopping 20-40 sen per lire. Now RM 2.55. Link to post Share on other sites More sharing options...
Madscientist83 Neutral Newbie October 11, 2008 Share October 11, 2008 the oil prices dop but why the hell do electricity cost go up...not logical. Link to post Share on other sites More sharing options...
Route88 2nd Gear October 11, 2008 Share October 11, 2008 www.straitstimes.com http://www.straitstimes.com/Breaking...ry_284015.html ELECTRICITY bills for Singapore households will go up by about 21 per cent from Wednesday - the highest one-time increase in seven to eight years - due to higher oil prices. With this latest tariff revision, families living in one- to three-room Housing Board flats will see their utilities bills for this year rising from $90 to $223, said the Energy Market Authority (EMA), which regulates the electricity and gas industry here on Monday. But the government rebates of $310 to $330 will more than cover the increases for these homes. Those living in larger homes will face higher monthly bill ranging from $316 to $433. The government rebates for these households range from $130 to $295, hardly enough to cover the increase for half of these homes. Chief executive of EMA Mr Khoo Chin Hean, said at a press briefing on Monday that the higher tariffs have been due to the increase in oil prices. EMA said the projected fuel oil price for the next three months is set to jump to $155.14 a barrel, up 38 per cent from $112.35 for the current quarter. Fuel costs make up about 60 per cent of electricity tariffs, which are reviewed quarterly and adjusted according to changes in the cost of electricity. The other 40 per cent includes the cost of generating electricity, maintenance and equipment. Since 2004, electricity tariffs here have been pegged to projected oil prices for the next three months instead of current oil prices. Mr Khoo said the old practice made the cost of electricity very volatile. For households, the new tariff will be about 30 cents per kiloWatt-Hour, up from about 25 cents. Link to post Share on other sites More sharing options...
Nhyone 4th Gear October 11, 2008 Share October 11, 2008 Obviously someone hedged wrongly. Anyway, lower oil price -> more driving -> higher ERP. Link to post Share on other sites More sharing options...
Route88 2nd Gear October 11, 2008 Share October 11, 2008 Why not ask,crude oil price drop...why the hell necessity like rice,hawker food,inflation not going down? Link to post Share on other sites More sharing options...
Route88 2nd Gear October 11, 2008 Share October 11, 2008 Yah...still waiting petrol Co. to reduce further Link to post Share on other sites More sharing options...
Mzrmazda3 6th Gear October 11, 2008 Share October 11, 2008 Awaiting for Petrol Companies' next move Link to post Share on other sites More sharing options...
Picanto 3rd Gear October 11, 2008 Share October 11, 2008 taxi companies should remove the $0.30 diesel surcharge now. if they do not remove, it means they are out to make commuters suffer. so many taxi companies in singapore, yet taxis still so expensive. where is the so called competition? Link to post Share on other sites More sharing options...
Schneider79 Clutched October 11, 2008 Share October 11, 2008 Someone from EMA and the PUB should get shot by the people. Predict USD$150 and EMA approves it immediately. Now the oil price is below USD$80 liao. Moreover, they pocketed so much of money for the next 3 months. Link to post Share on other sites More sharing options...
Quekahwhye Clutched October 11, 2008 Share October 11, 2008 (edited) I think all their CEOs need 12 month bonus this Dec??? Edited October 11, 2008 by Quekahwhye Link to post Share on other sites More sharing options...
Blackyv Turbocharged October 11, 2008 Share October 11, 2008 bonus only??? they want more than that, trust me........ my ceo ask us to tighten belt, even cancel the budget for an events's breakfast which cost a few hundreds only recently but "he and ALL his executives gang" went watch F1 (company paid for it...knn..).... the most expensive ticket type somemore ...... which ceo is really work for the company u tell me? they only work for themselves, after enough of leeching, they will F-off and leave the company to sink....... Link to post Share on other sites More sharing options...
Shull Turbocharged October 11, 2008 Share October 11, 2008 any chance will our petrol prices fall to $1.60 region? lol i'm already paying 1.66per lit for RON95.. Link to post Share on other sites More sharing options...
Rickster 5th Gear October 11, 2008 Share October 11, 2008 one thing that puzzle most ppl. Rice/ gocery price all affected and rose becoz of petrol price rose. but now petrol price dropped.... why gocery price still on the rise? next electric n our tanks of cooking gas also depend on crude oil. same thing. why no revised? EASY upx but hard to come down. KAOZ Who would complain about earning more $? As usual...when things go up, its hard to come down. Link to post Share on other sites More sharing options...
Rickster 5th Gear October 11, 2008 Share October 11, 2008 I feel it in my bones that soon we will be paying $1.50+ per liter (aft discounts) for petrol within this month ↡ Advertisement Link to post Share on other sites More sharing options...
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