Petrol Price Movement in Singapore

[Mkl22]

  On 9/18/2017 at 5:26 AM, Micb said:

Pumped SPC at 730am this morning, Leaving still at 2.14.

 

Then it increased to 2.17 at 1030am !

 

congrats.. you save 3cents for every litre.

[Micb]

  On 9/18/2017 at 5:29 AM, Mkl22 said:

congrats.. you save 3cents for every litre.

Ya lor, saved 90cents for kopi LOL ,

[Aaronlkl]

To stop all these nonsense, we MUST get rid of the root cause of all evil!

 

 

  On 9/18/2017 at 3:27 AM, Sunny said:

esso vouchers ending sept

 

95ron at $2.17/l

 

changed all my smile points to ntuc vouchers

 

 

 

 

oct eat grass , no more smiley liao 

 

Edited September 18, 2017 by Aaronlkl

[Mkl22]

  On 9/18/2017 at 5:53 AM, Aaronlkl said:

To stop all these nonsense, we MUST get rid of the root cause of all evil!

 

Depends on ownself for the energy!!!! ownself power ownself!!!

 

 

Edited September 18, 2017 by Mkl22

[Aaronlkl]

Looks like u are unable to identify the root cause till then.

 

Good luck!

 

 

  On 9/18/2017 at 6:27 AM, Mkl22 said:

Depends on ownself for the energy!!!! ownself power ownself!!!

 

 

 

[Mkl22]

  On 9/18/2017 at 6:42 AM, Aaronlkl said:

Looks like u are unable to identify the root cause till then.

 

Good luck!

 

cause even if you are able to identify so?

 

everyone in the whole world depends on it and have to pay, be it less or more its still $$. so the only true way is to depend on yourself.

[Googoo]

anyone know anywhere got vouchers?? haha vouchers ending soon.. become addicted to vouchers liao

[Skymax]

Why petrol so expensive when oil price isn't that high!!!!

[Sdf4786k]

  On 9/18/2017 at 3:02 PM, Skymax said:

Why petrol so expensive when oil price isn't that high!!!!

 

the last article mention because of middle man. The prices are high. The tax was also adjusted

 

Petrol / oil prices sometimes wrongly hedge like Airline industry can cause major losses.

[Kusje]

  On 9/18/2017 at 3:02 PM, Skymax said:

Why petrol so expensive when oil price isn't that high!!!!

 

Where were you when they increased the petrol tax?  

 

I did some calculations a while back and it suggested that the petrol companies do adjust petrol price according to crude fluctuations (obviously sticky downwards) but the bulk of the increase was due to the increase in government taxes.

[Kusje]

  On 9/19/2017 at 12:21 AM, Sdf4786k said:

the last article mention because of middle man. The prices are high. The tax was also adjusted

 

Petrol / oil prices sometimes wrongly hedge like Airline industry can cause major losses.

 

The government would like you to think the petrol companies are charging you exorbitant prices (they might be making supernormal profits) but they don't tell you that the land cost in Singapore is a big part of it as well.

 

The land for a petrol station in siao lang yishun Ave 1 was 40 mil and another in Yishun Ave 9 was awarded for 79 mil. Money goes from the petrol companies to the govt but how do you think they will seek to recoup it?

[Kusje]

Evidence here: http://www.hdb.gov.sg/cs/infoweb/business/land-developer-and-land-users/buying-land-land-sales/land-tender-results

[Sdf4786k]

  On 9/19/2017 at 1:06 AM, Kusje said:

Evidence here: http://www.hdb.gov.sg/cs/infoweb/business/land-developer-and-land-users/buying-land-land-sales/land-tender-results

Well. The fact of f the matter is we are stuck in this situation whether we like it or not. Every city have a different problem. India, Malaysia hk. Just that sooner or later the next big thing would be carpark

[Kusje]

That doesn't mean we have to like it though. Otherwise it is just stockholm syndrome.

 

It is still important to understand why the petrol costs are so high instead of blindly blaming the petrol companies.

 

Disclaimer: I don't work for any of the petrol companies hor 

Edited September 19, 2017 by Kusje

[Atrecord]

  On 9/18/2017 at 7:41 AM, Googoo said:

anyone know anywhere got vouchers?? haha vouchers ending soon.. become addicted to vouchers liao

 

yah lor... waiting long long... but looks like not for the moment.

 

sian liao...

[Sdf4786k]

  On 9/19/2017 at 1:14 AM, Kusje said:

That doesn't mean we have to like it though. Otherwise it is just stockholm syndrome.

 

It is still important to understand why the petrol costs are so high instead of blindly blaming the petrol companies.

 

Disclaimer: I don't work for any of the petrol companies hor 

 

agree.. 

 

Any solution ?

 

Thats why its easy for us to LLST while things seems fine but is not. 

 

And the mass majority just "try" to understand and big thing "try" to make it small thing and Small stuff becomes no problem.

 

Some times its easier to using what we have infront of us and focus on moving forward. while in our minds we are cusing something in hokkien that sounds like marina Bay  

 

Edited September 19, 2017 by Sdf4786k

[Enye]

  On 9/19/2017 at 1:00 AM, Kusje said:

The government would like you to think the petrol companies are charging you exorbitant prices (they might be making supernormal profits) but they don't tell you that the land cost in Singapore is a big part of it as well.

 

The land for a petrol station in siao lang yishun Ave 1 was 40 mil and another in Yishun Ave 9 was awarded for 79 mil. Money goes from the petrol companies to the govt but how do you think they will seek to recoup it?

 

wah o&g man indeed....

 

so how many years lease is the tender amount for? 

 

can advise?

 

[Ahbengdriver]

guys.  does anyone of you here have OCBC credit card and pump CALTEX 98 ?  Heard the discount is a lot.  How much does 1 litre cost for 98 octance Caltex after the discount.  thx.