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Thread: What! it went up again!?!?!?!

  1. #1

  2. #2
    Senior Member
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    Default Re: What! it went up again!?!?!?!

    the only way is to strike and not pump petrol for some time. But it takes a concerted effort.
    I lup SG, but SG don't love me...

  3. #3

    Default Re: What! it went up again!?!?!?!

    Be prepared to pay around $2.60 per litre by the end of 2008 if the price keeps going up ....
    btw all the major oil companies had record earnings last year
    always the Light, .... always.

  4. #4
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    Default Re: What! it went up again!?!?!?!

    this is pure madness.

  5. #5

    Default Re: What! it went up again!?!?!?!

    Its another sign of the weakening US dollar. Oil can only be traded in US dollars on the international markets. As the value declines, the price of items like oil and gold will rise.

  6. #6
    Senior Member roDz's Avatar
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    Default Re: What! it went up again!?!?!?!

    Thats why i'm getting the best bonus since...

  7. #7
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    Default Re: What! it went up again!?!?!?!

    Dun drive. Simple.

    Taxis are all around the road these days.

  8. #8
    Senior Member roDz's Avatar
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    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by jsbn View Post
    Dun drive. Simple.

    Taxis are all around the road these days.
    good idea but sooner or later,taxi fare will increase,so will bus n mrt fares...all dependant on petrol prices...maybe even electicity bill will rise,though iirc,electricity is converted from natural gases here...

  9. #9

    Default Re: What! it went up again!?!?!?!

    if you think last year's inflation is high... wait a couple more years.
    Gallery | Facebook Page Spreading the Good photography.

  10. #10

    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by roDz View Post
    good idea but sooner or later,taxi fare will increase,so will bus n mrt fares...all dependant on petrol prices...maybe even electicity bill will rise,though iirc,electricity is converted from natural gases here...
    aiyaaa.. everything are going up.. the only thing that come down is the RAIN...

  11. #11

    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by mohgui View Post
    this is pure madness.
    this is spartaaaaaaaaaaaaaaaaaaaaaa

  12. #12

    Default Re: What! it went up again!?!?!?!

    lucky i stopped driving and got money to bbb instead.

  13. #13
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    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by roDz View Post
    Thats why i'm getting the best bonus since...
    Haha, you obviously dont work for a US oil company then!

    Profit goes up and up! bonus? no chance!

  14. #14

    Default Re: What! it went up again!?!?!?!

    Are we not tax on petrol? This % formula multiplies the price increase.

    For example, if tax is 20% on a $1 item, price becomes $1.20 and govt makes $0.20. If item price increased to $3, price becomes $3.60 and govt makes $0.60, a 3x price increase.

    Some Asian govts (china, indon, m'sia) subsidize petrol or stop price increase via admin controls. How about our govt? They happily make 3x more if they can.

    I think as a concern citizen, they should understand the pain people are feeling. The very least they should do is said I will take my $0.20 share and no more. Scrap the %-age tax rate to an absolute one. Their tax revenue on tax on petrol would remain the same. And they did not subsidise us motorist, right? This should be a fair policy since it is not welfare at all. In high inflation times like this, govt should put in efforts to put a lid on prices and not go ERP, ERP, ERP.

  15. #15

    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by wildstallion View Post
    Haha, you obviously dont work for a US oil company then!

    Profit goes up and up! bonus? no chance!
    Are we not tax on petrol? This % formula multiplies the price increase.

    For example, if tax is 20% on a $1 item, price becomes $1.20 and govt makes $0.20. If item price increased to $3, price becomes $3.60 and govt makes $0.60, a 3x price increase.

    Some Asian govts (china, indon, m'sia) subsidize petrol or stop price increase via admin controls. How about our govt? They happily make 3x more if they can.

    I think as a concern citizen, they should understand the pain people are feeling. The very least they should do is said I will take my $0.20 share and no more. Scrap the %-age tax rate to an absolute one. Their tax revenue on tax on petrol would remain the same. And they did not subsidise us motorist, right?


    Are we not tax on petrol? This % formula multiplies the price increase.

    For example, if tax is 20% on a $1 item, price becomes $1.20 and govt makes $0.20. If item price increased to $3, price becomes $3.60 and govt makes $0.60, a 3x price increase.

    Some Asian govts (china, indon, m'sia) subsidize petrol or stop price increase via admin controls. How about our govt? They happily make 3x more if they can.

    I think as a concern citizen, they should understand the pain people are feeling. The very least they should do is said I will take my $0.20 share and no more. Scrap the %-age tax rate to an absolute one. Their tax revenue on tax on petrol would remain the same. And they did not subsidise us motorist, right? This should be a fair policy since it is not welfare at all. In high inflation times like this, govt should put in efforts to put a lid on prices and not go ERP, ERP, ERP, Erapi, rabi, rapi, rapi (FROG-LIKE sounds; after a while, people can sick of hearing the word, ERP).

  16. #16

    Default Re: What! it went up again!?!?!?!

    Are we not tax on petrol? This % formula multiplies the price increase.

    For example, if tax is 20% on a $1 item, price becomes $1.20 and govt makes $0.20. If item price increased to $3, price becomes $3.60 and govt makes $0.60, a 3x price increase.

    Some Asian govts (china, indon, m'sia) subsidize petrol or stop price increase via admin controls. How about our govt? They happily make 3x more if they can.

    I think as a concern citizen, they should understand the pain people are feeling. The very least they should do is said I will take my $0.20 share and no more. Scrap the %-age tax rate to an absolute one. Their tax revenue on tax on petrol would remain the same. And they did not subsidise us motorist, right? This should be a fair policy since it is not welfare at all. In high inflation times like this, govt should put in efforts to put a lid on prices and not go ERP, ERP, ERP, Erapi, rabi, rapi, rapi (FROG-LIKE sounds; after a while, people can sick of hearing the word, ERP).

  17. #17
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    Default Re: What! it went up again!?!?!?!

    Would you like to post again? Not sure I quite got it the first 4 times?

  18. #18

    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by wildstallion View Post
    Would you like to post again? Not sure I quite got it the first 4 times?
    5 la

    the third post he copy and paste twice

  19. #19
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    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by night86mare View Post
    5 la

    the third post he copy and paste twice

  20. #20

    Default Re: What! it went up again!?!?!?!

    Quote Originally Posted by wildstallion View Post
    The system hangs ...... then CS down for half hour.

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