Petrol pump price drop 5 cents. Hooray !!

[eeoror88]

At high of US$145 per barrel, pump price around $2.2 per litre.

At current price of US$48.00 per barrel, pump price $1.60 per litre.

Barrel price drop 60%, pump price drop less than 30%.

Why ah ???

 

[middaydog]

price of rice drop, price of cooking oil drop, price of sugar drop, price of everything drop but your food court still charge me same price

Why ah ???

 

[eeoror88]

price of rice drop, price of cooking oil drop, price of sugar drop, price of everything drop but your food court still charge me same price

Why ah ???

Agree.... but such wide differentials as compared to my foodcourt prices ??

 

[Cestbon]

At high of US$145 per barrel, pump price around $2.2 per litre.

At current price of US$48.00 per barrel, pump price $1.60 per litre.

Barrel price drop 60%, pump price drop less than 30%.

Why ah ???

That is the price. Ask yourself when price tripple the petrol price just increase about 40%.
There are fix cost like refinery, transportation and oil rig/production cost only black oil(petroleum) price increase/decrease.
So as compare last time when oil price at US$50/barrel petrol price is about SG$1.5/litre.

 

[Cestbon]

price of rice drop, price of cooking oil drop, price of sugar drop, price of everything drop but your food court still charge me same price

Why ah ???

This one I agree with you. All the food material cost down but the selling price still the same. If all all boycott eating out them the price will only be down but this will never happen in peesai land.

 

[eeoror88]

That is the price. Ask yourself when price tripple the petrol price just increase about 40%.
There are fix cost like refinery, transportation and oil rig/production cost only black oil(petroleum) price increase/decrease.
So as compare last time when oil price at US$50/barrel petrol price is about SG$1.5/litre.

Kiling Gia Siow ah ??

 

[TeeKee]

Barrel price drop 60%, pump price drop less than 30%.
Why ah ???

must ask your pap masters mah...

 

[eeoror88]

How much did you bribe them for your drug offence in Batam ?? Am I not wrong ??

 

[TeeKee]

How much did you bribe them for your drug offence in Batam ?? Am I not wrong ??

ask your pap masters loh...they got all the details.

 

[Cestbon]

Here is the breakdown for pump price. Petrol tax 29%, profit margin 10% and final add 7%GST.
Mean that actual price out from refinery is about SG$0.70/litre.