Yes, I read this before. The concept is to get all motorist to pump what they needed for that day use and thus minimize over purchase of petrol. If one can save a purchase of $10 per week compared to normal usage, an overall efforts could cause great reduction in petrol consumption. This would means lesser sales for the petrol firms.
It is just like going to Kopitiam to eat. You can either pay cash or pay by their cards. If pay by their cards, one need to pay Kopitiam in advance who inturn could use that money to roll to gain some returns. If you pay cash, you just pay what you need.
So if one pump full tank all the time, your car is actually carrying more loads and thus burnt more fuel. It could also leads to more careless or improper travel route as mentally you got more petrol to burnt. If you just pump what you need, you will be more aware of fuel consumption and petrol companies cannot get your sales upfront first. Hope I am right on this.
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As what I've said before, unless your tank is big enough to let you run for a long time without having to top up, you can't force storage issues on the gas companies. The boycott analogy on the Kopitiam card or MRT card or any stored value card will also not work if your card can only accommodate a small maximum limit. But we all know that for Kopitiam card, one top up lasts you much more than a few weeks.
You can do the search at Registry of Companies but need to pay. Even you knew the profits takings, what can one do? Your voice will be drowned as no one cares. Look at today Parliament sessions. Any MPs or Opposition parties in the session brought forward this concern?
*** MP asked for GST cut....I see it is just a wayang show...fat hope! Opposition...........I hear nothing.
I just find it impossible to believe that the price of retail petrol can be exactly the same, across the board, down to the tenth of a cent.
hehehe i'm glad to see so many responses to my 'theory'. Well, I didn't say it was feasible. I certainly hope that Singaporeans can cooperate in this way.
ECONOMIC DEFENCE (one of the pillars of total defence), where all Singaporeans unite to boycott the first petrol brand that raises pump prices.
Even if the companies take turns to raise prices, if many people cooperate, i'm sure the boycotted company will feel the difference in their takings. So when it's their turn to raise prices again the next time, they might think twice
I will not pump petrol from Caltex. This is my choice.