Expect more pump price increases

[Russ]

Crude oil prices have now surpassed both the 2006 peak and July 2007 peaks and if it holds high, prices WILL increase. Complain as much as you like, it looks inevitable to me.

 

Demand is still high. Supply is not keeping up. Don't be surprised at paying $3 or 4 per litre by 2010.

 

Thank goodness I drive very economically - from observation, most people here have NO idea how to do it. They think they know in theory but have no idea how to put into practice.

[Boyboy]

I guess bi-fuel cars will definitely become more commonplace. hope my next ride will be bi-fuel, straight from the dealer.

 

alternative is to drive smaller cars. if no "accident" (i.e kids) that should work out just as well

 

i know of pple who use their MPV on weekdays as personal tpt. they shd just get a OPC MPV for weekends/family trips and another small runabout to use on weekdays. or get a van for daily tpt . good for huge items that even MPV may not be able to swallow

[Arowana1]

lucky my hybrid coming in mid oct

[Ronnchee]

Give more reasons for Public Transport Operator to up the fares.

 

On the other hand, by 2010, maybe we have alternative source of fuel.

[XLR8]

$3-$4/litre by 2010 I think alot of ppl will give up driving liao. A 50 litre tank will cost $200. I pump 6 full tanks a month. So that makes $1200! More ex than car installment. I rather take cab everyday, still can save on road tax and insurance.

[Westender]

Care to share your expertise on being economical.

Would love to learn from you.

[Kelpie]

1. I've been pumping petrol in JB during weekends. I spend about S$10~15 to fill up in between 3/4 and 1/2 in SG. The rest fill up in JB for around RM50 to reach full tank.

 

2. So if there is 4 weeks in a month, I would have spent at most S$60 plus RM200. Hence, currently no immediate drive factor to use CNG yet.

 

Regards,

[Kelpie]

I guess bi-fuel cars will definitely become more commonplace. hope my next ride will be bi-fuel, straight from the dealer.

 

alternative is to drive smaller cars. if no "accident" (i.e kids) that should work out just as well

 

i know of pple who use their MPV on weekdays as personal tpt. they shd just get a OPC MPV for weekends/family trips and another small runabout to use on weekdays. or get a van for daily tpt . good for huge items that even MPV may not be able to swallow

 

I have a serious thought about getting an OPC MPV just for weekend. Anyway, my kids still very young plus a maid, there are already enough space for them at the rear cabin, so no push factor to get one. May be wait till they are a little older then consider again. But then older kids probably prefer to take public transportations with classmates or friends then to seat in Daddy's car.

 

Regards,

[Ronnchee]

Taxi will up the fares too lah. Now is $2.70 flag down, maybe then $10, and every km is $2. LPPL

[Hotsoup]

bro,

same situation here too. With 2 young kids, I decided to buy a OPC just for the family and maybe consider giving up driving completely once they re in their teenagers life

[XLR8]

Then LL take MRT and bus lor...

[Guyver]

Give more reasons for Public Transport Operator to up the fares.

 

On the other hand, by 2010, maybe we have alternative source of fuel.

 

No lah ... probably they already know that fuel prices is going up ... so increase the price first .. then when petrol prices increase ... then turn around and say .. "Oh, we'll absorb the increase in cost" ....

[Spidercool]

Crude oil prices have now surpassed both the 2006 peak and July 2007 peaks and if it holds high, prices WILL increase. Complain as much as you like, it looks inevitable to me.

 

Demand is still high. Supply is not keeping up. Don't be surprised at paying $3 or 4 per litre by 2010.

 

Thank goodness I drive very economically - from observation, most people here have NO idea how to do it. They think they know in theory but have no idea how to put into practice.

 

Have already foresee this and this is the main reason why I'm stil keeping my bike !!

[Speedsun]

Crude oil prices have now surpassed both the 2006 peak and July 2007 peaks and if it holds high, prices WILL increase. Complain as much as you like, it looks inevitable to me.

 

Demand is still high. Supply is not keeping up. Don't be surprised at paying $3 or 4 per litre by 2010.

 

Thank goodness I drive very economically - from observation, most people here have NO idea how to do it. They think they know in theory but have no idea how to put into practice.

 

Not likely to hit $3 per litre because crude oil has to be around US$160. If really to that level, the world definitely will go into recession because of high business cost. If recession, crude oil demand will be lesser causing crude oil prices to drop.

[Bluenuts]

This is inevitable, supply will be lesser as time goes.

Crude oil is not something we can produce from something else, eventually will run out. That's why leading car manufacturer spend lots of money in R&D for alternative fuel.

My next car's definitely going to be bifuel.

[Ronnchee]

Then let us pray for a great Depression.

 

All will be converted back to stone age, and all manual power

[Route88]

No wonder nowadays many ppl get Civic Hydbrid

[Ronnchee]

Our PTO already planned their move. Just a slight increased in fuel price only, they upped the fares.

 

This time round, the crude oil is at US$80/barrel (confirmed), I wonder what excuse they are going to give.

 

 

Give more reasons for Public Transport Operator to up the fares.

 

On the other hand, by 2010, maybe we have alternative source of fuel.

 

No lah ... probably they already know that fuel prices is going up ... so increase the price first .. then when petrol prices increase ... then turn around and say .. "Oh, we'll absorb the increase in cost" ....