Meecar Clutched February 13, 2008 Share February 13, 2008 When will the petrol price drop? it is already sometime that oil price have been less than US$100 first sign of oil price shooting up in the world market petrol price go up quickly not that world oil price have come down and stabilised what are they waiting for: waiting for the cows to come home or waiting for another genius remark like it is smarter to buy house brand petrol than foreign brand petrol for your car after all petrol is petrol as they burn in your combustion chamber ↡ Advertisement Link to post Share on other sites More sharing options...
N00b 4th Gear February 13, 2008 Share February 13, 2008 seriously wats the possibility of the price going dwn?? Link to post Share on other sites More sharing options...
Toyo 1st Gear February 13, 2008 Share February 13, 2008 seems like most motorists are used to the current price Link to post Share on other sites More sharing options...
Porker Turbocharged February 13, 2008 Share February 13, 2008 I leemember last time when I still dribing the 4G92... One Leeter of 98 Octane $1.10++ nia nia Link to post Share on other sites More sharing options...
X_xxx_x Neutral Newbie February 13, 2008 Share February 13, 2008 bro, they will say its d dream of sporeans to own cars so they are allowing us sporeans to fulfil our dreams to own cars by further lowering down ARF taxes...however they will make car usage EXPENSIVE...hence all the new ERP gantries n the EXPENSIVE petrol.... they wan us to buy car and park the cars at home and take world class public transportation. Link to post Share on other sites More sharing options...
Redune Neutral Newbie February 13, 2008 Share February 13, 2008 -100% Link to post Share on other sites More sharing options...
Jeffang Neutral Newbie February 13, 2008 Share February 13, 2008 i don't think the price will go down at all! this is Singapore... everything go up fast... and stay... never down... Link to post Share on other sites More sharing options...
Meecar Clutched February 13, 2008 Author Share February 13, 2008 that is not true my salary just went south Link to post Share on other sites More sharing options...
Ronnchee Clutched February 13, 2008 Share February 13, 2008 Time to change job bro. I have no sale coming in for 2 months already. Eating grass ... time to change job too Link to post Share on other sites More sharing options...
Keithhiap 1st Gear February 13, 2008 Share February 13, 2008 I believe the petrol price will not decrease, however, they will demostrate discount as an attractive solution. So that the current price can hold on, and wait for next increase from current value. Link to post Share on other sites More sharing options...
Ronnchee Clutched February 13, 2008 Share February 13, 2008 You are right. The current petrol price will stay as it is. Instead individual petrol company will give "discount", to make it "attractive". When the next price hike, they will remove the "discount", and increase on the price again. Welcome to Sing-a-poor. Link to post Share on other sites More sharing options...
Nkps 1st Gear February 13, 2008 Share February 13, 2008 When will the petrol price drop? it is already sometime that oil price have been less than US$100 first sign of oil price shooting up in the world market petrol price go up quickly not that world oil price have come down and stabilised what are they waiting for: waiting for the cows to come home or waiting for another genius remark like it is smarter to buy house brand petrol than foreign brand petrol for your car after all petrol is petrol as they burn in your combustion chamber aiya i was about to start a thread like this, but since you started liao, may i know also when will you stop whining/ complaining? Link to post Share on other sites More sharing options...
Meecar Clutched February 14, 2008 Author Share February 14, 2008 please be considerate and dont eat all the grass from jurong to changi leave some for me Link to post Share on other sites More sharing options...
Ronnchee Clutched February 14, 2008 Share February 14, 2008 you Link to post Share on other sites More sharing options...
Ahyoo2002 2nd Gear February 14, 2008 Share February 14, 2008 Motorists fume - pumps yet to reflect drop in oil prices DESPITE a downtrend in the price of crude oil, pump prices here are still hovering around a record $2 a litre - something that has many drivers fuming. Christopher Tan Thu, Feb 14, 2008 The Straits Times DESPITE a downtrend in the price of crude oil, pump prices here are still hovering around a record $2 a litre - something that has many drivers fuming. The Consumers Association of Singapore (Case) said it had received several complaints from 'angry' motorists. 'Petrol companies have been adjusting their pump prices upwards quite swiftly over the last few months due to oil price increases,' said Case executive director Seah Seng Choon. 'But oil prices have come down in the beginning of this year and we have yet to see pump prices adjusting downwards.' Oil companies here raised pump prices at least six times between June and November last year, on the back of rising crude oil prices. But while oil was trading at around US$99 a barrel in November and briefly touched US$100 last month, it has since fallen. Last week, the price hit US$88. That is one of the reasons observers believe pump prices should come down. Oil consultant Ong Eng Tong said demand for petrol in China - among the region's thirstiest nations - should be lower now as 'fewer people are on the road because of the bad winter'. He said the wholesale price of 92-octane petrol is now around US$100, from US$107 last month. Not only that, the US dollar has weakened against the Singapore dollar. It is now around $1.41, from $1.46 some six months ago. As oil and wholesale fuel prices are quoted in US currency, a stronger Singapore dollar means the products should be cheaper to buy. Case's Mr Seah said the association wrote to oil firms last month raising the issue of unyielding pump prices, but it has yet to receive a response. Responding to queries from The Straits Times, the oil firms said crude prices are not the only determinants of pump rates. Shell, which made US$31 billion (S$44 billion) last year, said contributing factors include 'international political volatility', and duties and taxes. SPC, which made $508 million last year, said: 'There is usually a lag between oil price movement and pump price adjustment.' Chevron, which made US$18.7 billion last year and which markets the Caltex brand of fuels here, said it also monitors competitors' reactions to market forces before deciding to move prices. ExxonMobil, which made US$40.6 billion last year - the highest profit for any firm in history - echoed some of the reasons cited by its rivals. Meanwhile, pump prices in the United States - the world's biggest fuel consumer - fell last week to the lowest level in almost four months, reflecting a decline in motor fuel demand. The national price for regular petrol fell by 1.8 US cents last week to an average US$2.96 a gallon (3.8 litres). While motorists here are not happy with pump prices, many seem resigned. Transport consultant Joseph Yee, 63, said: 'Motorists are captive customers. Once you own a car, you have to feed it. I try to plan my journeys to minimise wasteful mileage.' Mr Ong, the oil consultant, said the industry might soon have another excuse to raise crude prices. Venezuela has stopped selling oil to ExxonMobil in response to the US company's move to use the courts to seize billions of dollars in Venezuelan assets. Link to post Share on other sites More sharing options...
Ahyoo2002 2nd Gear February 14, 2008 Share February 14, 2008 What discount? Goh meh? Link to post Share on other sites More sharing options...
Watwheels Supersonic February 14, 2008 Share February 14, 2008 When u sell your car away and take bus lor. Link to post Share on other sites More sharing options...
Friendstar Supercharged February 14, 2008 Share February 14, 2008 SPC, which made $508 million last year Chevron, which made US$18.7 billion last year and which markets the Caltex brand of fuels here Shell, which made US$31 billion (S$44 billion) last year, We'r really taken in for a ride ↡ Advertisement Link to post Share on other sites More sharing options...
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