Electricity tariffs will go up by an average of 2.3 percent
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The pap govt is good in predicting up trend of oil prices. Down? why got such thing as down for pap where money is concern.Originally posted by ShutterBug:Yah that's truly very FARKED UP!
They so good at predicting the increase of oil prices, but never able to forsee a dropped in oil price of lately??? And when it dropped did they decreased tarriffs? No, they conveniently kept quiet. WTF!!!
Now with this reasoning of "predicting" oil prices increasing, every damn thing is going to increase again!
Walao really NNB!!
This is EXTREME GREED!
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FORWARD price of fuel is higher??? what an amazing reason!
Originally posted by qpicanto:SINGAPORE : Electricity tariffs will go up by an average of 2.3 percent or 0.49 cents per KWh (kilo-watt hour) between October 1 and December 31 this year.
SP Services explains that electricity price is pegged to the forward price of fuel, which is higher for the next quarter at $88.52 per barrel, compared to $87.49 per barrel previously.
Fuel cost makes up 55 percent of the cost of electricity.
The tariffs are reviewed every quarter and adjusted in line with fluctuation of fuel oil prices.
The tariff adjustments have been approved by industry regulator Energy Market Authority.
The next review will be in December. -
so since oil is 'predicted' to go up in near future.. i guess that wud mean another round of raise in the public transport system as well in near future..
wat goes up must come down.. guess this theory doesn;t apply to the gahmen.. -
I think the MIW must come out 2 explain lah!!!
It is really a joke to cite future oil price to justify the increase of electricity price!!
The press news must be drafted by an idiot !!
We love Pay n Pay,cost of living up n up!!!siok man!!! -
Guess they will milk the cows as much as possible until nxt election
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So this means public transport will also be pegging their increase to this so called "forward" price of oil.
What Bull Crap! -
And I tot that age is the only thing that goes up and never comes down!!!
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The word I could describe of PAP....really blood suckers
The forecast of 88.52 against 87.49..in difference of 1.03 per barrel. How significant it could be?
Really a heartless govt.
I suggest PAP to be open with operating cost of PowerGrid, the cost of oil, natural gas and etc. To be clearer...open the account book to the public for discussion. Don't hide!!!
Please spare a thought for struggling peasants....
Not just greedy for more and more profits.
Not just to fatten your own pockets by claiming you are the No. 1 worldclass ministers or elites.
Serve the public and nation with humble approach and genuine heart.
Don't compare income with private sectors..if you guys are so good. Why Sir Bill gates did NOT ask for anyone of you to join him on board? Or why, Li ka Shing is not employing any of our elites from pap?
Why Temasek is not having good returns of its investments from china, and I know many USA, Taiwanese, Japanese companies had done well in China.
Please tell us, the peasants. We're at your mercy. -
Double post.
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the investment in Shin corp and shen zhen lost money.
to re-coup.. -
Yum yum
. This is so timely. Year after year, they raise the prices "at an appropriate time" after elections. How come always get mandate huh?
Sometimes I can't help but think that we are but just political pawns. -
Originally posted by Lowclassman:
Well, billions are paid to their salaries every year, surely they have a right to find ways, implement them and maintain their bottomline right?
The word I could describe of PAP....really [b]blood suckers
Don't compare the income with private sectors..if you guys are so good. Why Sir Bill gates did NOT ask for anyone of you to join him on board? Or why, Li ka Shing is not employing any of our elites from pap?
[/b] -
Majority of 66.6% are working directly or indirectly with GIC, temasick and GLC. That's why the govt is grabbing major businesses in sg.Originally posted by Rock^Star:Yum yum . This is so timely. Year after year, they raise the prices "at an appropriate time" after elections. How come always get mandate huh?
Sometimes I can't help but think that we are but just political pawns. -
hmm.... tot they use natural gas?
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yeah.. natural gas from their arse...Originally posted by BrUtUs:hmm.... tot they use natural gas? -
Aww... come on, that won't be enough .
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Going Forward,
EVERYONE DIES.
The only difference is some die very rich while the most of us die very poor. -
many years later....Originally posted by BrUtUs:hmm.... tot they use natural gas? -
Did i say wrong or not?After Lee Hsien Loong takeover PM,our life did go worse......I believe they will up more cost of living later on.
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Hasn't the price of oil benn dropping? So why are they not reducing the cost of our electricity huh?
Which is the retard that forecasted the rise in oil prices therefore increasing the cost by 2.3%? -
Oil price now is below US$58 (not the forword oil price
Originally posted by drawer:Did i say wrong or not?After Lee Hsien Loong takeover PM,our life did go worse......I believe they will up more cost of living later on. -
"What goes up never comes down" - PAP
"Don't u know that when u voted for me?!?!" - Loong -
I tot oil price has dropped. Why the rise of electricity and public transport fares? And btw, it is kinda wierd to forecast in a way that future prices will be higher than the current prices.
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This is the way PAP lickers are working in order to secure their golden rice bowl.Originally posted by tanjun:I tot oil price has dropped. Why the rise of electricity and public transport fares? And btw, it is kinda wierd to forecast in a way that future prices will be higher than the current prices.
Remember what LHL had said during the second last election in GCT last term as PM. We must run singapore like a company..........
They only care for their own pockets. merciless govt!!! -
they only on the tv when oil prices go up.Originally posted by Anycall:Hasn't the price of oil benn dropping? So why are they not reducing the cost of our electricity huh?
Which is the retard that forecasted the rise in oil prices therefore increasing the cost by 2.3%?