Originally posted by dcx:
dunno why petrol companies still can make lots of money n give high bonus to their employers despite they keep saying they no choice but have to increase fuel prices....tok cok.....
Let me enlighten u to the ways of why petrol prices go up and why they REALLY dun earn much. Petrol station not as money hungry as u guys think it is.
1) u gotta blame China n India.. coz they keep bidding for the oils n making SG n Malaysia n the rest of SoutEast Asia bid to compete.. China n India is sucking in alot of the petrols ppls... maybe a lil on the war on iraq n shiet.. but that is just minor.
2) Petrol barrels become more expensive.. refineries have to refine the petrol at higher cost, then they sell to dealers of respective Petroleum companies at a higher price but the margin of profit still stays the same.. MEANING.. dealers have to pay MORE for the same amount of LTRES they order in. Yes.. dealers lose out.. imagine big stations ordering 10000 to 20000 litres a day.. how much more money they have to put in.
3) No tok kok... unless they say they not earning at all.. Dealers earn 3 to 8 cents per litre ranging from ur Super u97 to Diesel.. Imagine some dude comes in pump 20 dollar.. uses credit card. Credit card charges 3 cents per transaction, n telekom 5 cents every dial in... in the end.. station has to lose money n even re-imburse.
just my two cents worth.
