theres talk in the oil industry that prices shooting up soon
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maybe more than a few simple cents, so time to look into managing your usage if you havent been careful
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is it because of Pulau Bukom?
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Ya if Shell up price because of the fire then the rest will also follow. But dun think will lah. Only burn a little oil want to up price. Not like last time Saddam burn oil field. The lose is peanuts to them lah.
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knn up again sure kenna F frm public 1........ u kenna fire we set 1 meh.........
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no la , price control by global economy .
Companies stocks not doing well , they divert their funds to the much safer oil commodities .
Oil is something u buy and keep , and wont die one .
Although the margin is lower than stocks from Companies like Yahoo , SIA , UOB type .
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i mean buy oil in paper .... not the physical stocks and keep .
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i was once in a Commodities company dealing with Commodities Futures .
Soya Beans , Coconuts , Sugar . . . these people are con men . Believe me .
Rubbish dealers ,
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Originally posted by Poolman:
i was once in a Commodities company dealing with Commodities Futures .
Soya Beans , Coconuts , Sugar . . . these people are con men . Believe me .
Rubbish dealers ,
hmmmm rubbish dealers sounds like suits me........ :P
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Originally posted by Poolman:
i was once in a Commodities company dealing with Commodities Futures .
Soya Beans , Coconuts , Sugar . . . these people are con men . Believe me .
Rubbish dealers ,
True, very true, and many young men and girls fell into their trap, their offices are all those ah lian and ah beng office peoples, you can buy commodities over the net, why need a brokage co? -
Bukom is storage of cruel oil from tanker, in its raw form, it is the most cheap and most dirty, Or lu lu, very black. Singapore has position herself as the refineries centre for oil producer countries, when you see those chimneys high on top buring with fire at Jurong island and bukom, these are waste fumes to be discharge during the process of refinery, what burn at bukom is not a big lost, just like the wasted fumes.
Oil got lots of by products, meaning beside producing diesel, petrol of different grade, its left over, can also be use to product soap, PVC, lubricant, comestic, etc etc,...so once it goes up, many things follow suit.
Oil prices is said to peg to the demand, if the economy is down, usually it goes down due to lower demand, less function in companies, less deliverty, less shipping and so on, it will go up when economy is up, that is the usual price fluctuation, unless the OPEC cartel decide to reduce the oil production.
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i think shell said depsite the fire at Bukom, their other supplies will cover adequately. Whether or not the price will go up......i think probably, because they can use it as another excuse.
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These are covered by insurance, they sure to get the claim, so nothing lost to them, maybe, just maybe, they are looking to built new tanks, so burnt some of those old tanks off.
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hehe.....don't tell the insurance co. then.
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For the past 20 years, nothing happen, and now..with higher tech and better safety procedure and laws, it caught fire, something fishy men
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Originally posted by komade:
hmmmm rubbish dealers sounds like suits me........ :P
rubbish dealers take rubbish truck taxi mah.
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Last few weeks, pub announces drop in electricity bill, now they going to raise?
KNN KNN KNN KNN.....we are being taken for a a ride!!!!!!!!!!
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Originally posted by Insg:
rubbish dealers take rubbish truck taxi mah.
rubbish truck taxi expensive 1 hor........ :P
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In a more serious note , if one has got that going into OMO intentions , plsssssss think thrice x 2 .
Cos the fuel expenditure will take a big bite off your wages .
I was there during 2006 .... fuel cost really high .
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Originally posted by likeyou:
Last few weeks, pub announces drop in electricity bill, now they going to raise?
KNN KNN KNN KNN.....we are being taken for a a ride!!!!!!!!!!
Oh, I alway thought we are in the ride all these years, there nothing much you can do except to get out of the wagon, but that may have to wait for the next election. -
can imagine if everyone of us stop using petrol and diesel for just a day ?
And every household , offices and arcades in the whole world , off their power supply for just one hour ?
Arabs those oil , they stocks will pile up .
When u have lesser demands , u'll have ample supply , thus lowered the cost .
Now it's not the case .... everyone using petrol , diesel like nobody business .