T
TalkingCock
Guest
Well, it seems like the down trend is here to stay for a while - overstaying, if I may add salt to the wound. For the 5th time, fuel prices have dropped, hitting $1.770 for diesel at Shell after discounts. In fact, the last dip is the steepest dip that has ever occurred in the last 5 years. This is probably also compounded by the strengthening of the US dollar, which means that lesser US$ is required to purchase fuel.
Meanwhile, CNG prices remained unchanged at S$1.80 a kg, and this is likely to rise next month; although Smart Energy, which operates Singapore’s biggest CNG refuelling station in Mandai, will reduce prices "purely for goodwill".
People who have converted to CNG will definitely not be pleased to know that CNG prices will be going upwards while that of petrol is spiralling down. The "goodwill gesture" is probably made because the companies are expecting fuel prices to take a turn for the sky some time soon. However, before that happens, I am wondering when the taxi companies will suspend the fuel surcharge. I am beginning to feel like a flight passenger.
Meanwhile, CNG prices remained unchanged at S$1.80 a kg, and this is likely to rise next month; although Smart Energy, which operates Singapore’s biggest CNG refuelling station in Mandai, will reduce prices "purely for goodwill".
People who have converted to CNG will definitely not be pleased to know that CNG prices will be going upwards while that of petrol is spiralling down. The "goodwill gesture" is probably made because the companies are expecting fuel prices to take a turn for the sky some time soon. However, before that happens, I am wondering when the taxi companies will suspend the fuel surcharge. I am beginning to feel like a flight passenger.