Jeffc 5th Gear September 24, 2014 Share September 24, 2014 Why our pump price still so high? NEW YORK (AP) -- The oil market has lost its jitters. Political turmoil and military conflict in certain global hotspots has typically sent oil prices soaring. There's plenty of that now, but oil is near its low for the year. The price has fallen by $15 per barrel since mid-summer despite escalating violence in Iraq, OPEC's second largest exporter, and multiple rounds of sanctions by Western nations against Russia, the biggest exporter outside of OPEC, over its involvement in Ukraine. For all the upheaval, though, oil continues to flow from exporting nations, and production in the U.S. and Canada continues to grow. At the same time, demand in China and Europe has slipped. Oil rose slightly Tuesday to close at $91.56. Before this week, the last time oil was at these levels was January. ↡ Advertisement 2 Link to post Share on other sites More sharing options...
The_Bear Turbocharged September 24, 2014 Share September 24, 2014 Why our pump price still so high? NEW YORK (AP) -- The oil market has lost its jitters. Political turmoil and military conflict in certain global hotspots has typically sent oil prices soaring. There's plenty of that now, but oil is near its low for the year. The price has fallen by $15 per barrel since mid-summer despite escalating violence in Iraq, OPEC's second largest exporter, and multiple rounds of sanctions by Western nations against Russia, the biggest exporter outside of OPEC, over its involvement in Ukraine. For all the upheaval, though, oil continues to flow from exporting nations, and production in the U.S. and Canada continues to grow. At the same time, demand in China and Europe has slipped. Oil rose slightly Tuesday to close at $91.56. Before this week, the last time oil was at these levels was January. http://www.exxonmobil.com.sg/AP-English/energy_fuelpricing.aspx 1 Link to post Share on other sites More sharing options...
Forte3737 5th Gear September 24, 2014 Share September 24, 2014 Because companies wanna make more money Why our pump price still so high? NEW YORK (AP) -- The oil market has lost its jitters. Political turmoil and military conflict in certain global hotspots has typically sent oil prices soaring. There's plenty of that now, but oil is near its low for the year. The price has fallen by $15 per barrel since mid-summer despite escalating violence in Iraq, OPEC's second largest exporter, and multiple rounds of sanctions by Western nations against Russia, the biggest exporter outside of OPEC, over its involvement in Ukraine. For all the upheaval, though, oil continues to flow from exporting nations, and production in the U.S. and Canada continues to grow. At the same time, demand in China and Europe has slipped. Oil rose slightly Tuesday to close at $91.56. Before this week, the last time oil was at these levels was January. 2 Link to post Share on other sites More sharing options...
Hamburger Hypersonic September 24, 2014 Share September 24, 2014 cos garment believe free market is good for us. to feel free to suck us high & dry... 3 Link to post Share on other sites More sharing options...
musthuat Neutral Newbie September 30, 2014 Share September 30, 2014 yea. petrol really very expensive nowadays.. hais 2 Link to post Share on other sites More sharing options...
Aaronlkl Supersonic September 30, 2014 Share September 30, 2014 yea. petrol really very expensive nowadays.. hais What is cheap in $$$ingapore??? 4 Link to post Share on other sites More sharing options...
Jansonchua 2nd Gear September 30, 2014 Share September 30, 2014 What is cheap in $$$ingapore??? Our money... Can't buy anything nowadays.,. Link to post Share on other sites More sharing options...
Camrytron 6th Gear September 30, 2014 Share September 30, 2014 Gov say 'nothing wrong in making more money' Link to post Share on other sites More sharing options...
Atonchia Supersonic September 30, 2014 Share September 30, 2014 What is cheap in $$$ingapore??? Hawker food lor. Cost of one full tank can feed 40-50 people with everyone getting a packet of $2 nasi lemak. 1 Link to post Share on other sites More sharing options...
Tiger1 6th Gear September 30, 2014 Share September 30, 2014 Yup. All PaPa fault. Heartless . 1 Link to post Share on other sites More sharing options...
Vhtfhwlego Supercharged October 1, 2014 Share October 1, 2014 Hawker food lor. Cost of one full tank can feed 40-50 people with everyone getting a packet of $2 nasi lemak. When I came back from Laos, I always think of the taxi-driver & waiter I met there. Monthly salary, USD 40.00. Taxi driver got 3 kids and wife to support. I spend SGD 6000 in petrol per year = 120 months (10 years) of his salary. 2 Link to post Share on other sites More sharing options...
Tiger1 6th Gear October 1, 2014 Share October 1, 2014 When I came back from Laos, I always think of the taxi-driver & waiter I met there. Monthly salary, USD 40.00. Taxi driver got 3 kids and wife to support. I spend SGD 6000 in petrol per year = 120 months (10 years) of his salary. Cannot like that compare. Nothing is fair and no point comparing countries. You want Singapore to have living standard in Laos meh? Should I feel sorry that my staff is another country take 1 year to earn my 1 month salary in Singapore? No right? Cos he could survive on usd 200 a mth in his country ma. 1 Link to post Share on other sites More sharing options...
Watwheels Supersonic October 1, 2014 Share October 1, 2014 When I came back from Laos, I always think of the taxi-driver & waiter I met there. Monthly salary, USD 40.00. Taxi driver got 3 kids and wife to support. I spend SGD 6000 in petrol per year = 120 months (10 years) of his salary. LoL..dan if a billionare look at what you earn you will look like that Laotian dude. 8 Link to post Share on other sites More sharing options...
Mr_b20 6th Gear October 1, 2014 Share October 1, 2014 What is cheap in $$$ingapore??? depressed Sinkies wage levels 3 Link to post Share on other sites More sharing options...
Atonchia Supersonic October 1, 2014 Share October 1, 2014 When I came back from Laos, I always think of the taxi-driver & waiter I met there. Monthly salary, USD 40.00. Taxi driver got 3 kids and wife to support. I spend SGD 6000 in petrol per year = 120 months (10 years) of his salary. Yup life's unfair. Laotian a bit far to help. So the best one can do with $$$ is donate to education for next generation. Like we are considered beneficiary from donors to our schools who have donated in the past....many are pioneer of sg. 2 Link to post Share on other sites More sharing options...
lausai88 Hypersonic October 1, 2014 Share October 1, 2014 When I came back from Laos, I always think of the taxi-driver & waiter I met there. Monthly salary, USD 40.00. Taxi driver got 3 kids and wife to support. I spend SGD 6000 in petrol per year = 120 months (10 years) of his salary. why you use petrol to compare say if your monthly income is S$6K, you work 1 month here is equivalent to 10 years of his salary - 2 Link to post Share on other sites More sharing options...
Yeobt Supercharged October 1, 2014 Share October 1, 2014 we can help those people from living poverty by building school when we have spare money and more time after retired. Link to post Share on other sites More sharing options...
Banz86 5th Gear October 1, 2014 Share October 1, 2014 Actually even if the price of petrol goes up, we can only feel the pain but our rides still need a good drink of "premium" . The cost of owning a "luxury" item.. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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