tag:blogger.com,1999:blog-17473688.post8903059102489760682..comments2024-03-29T15:10:48.844+08:00Comments on My Singapore News: Petrol price hike againChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-17473688.post-8217398996922536752008-03-20T08:44:00.000+08:002008-03-20T08:44:00.000+08:00in cyberspace, we can talk anything and guarantee ...in cyberspace, we can talk anything and guarantee anything : )Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-62643159028591852312008-03-19T17:39:00.000+08:002008-03-19T17:39:00.000+08:00i guarantee you oil price will not exceed $120! re...i guarantee you oil price will not exceed $120! rember i told you here.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-31312422498899812342008-03-18T17:40:00.000+08:002008-03-18T17:40:00.000+08:00To intervene in the price is suicidal. For e.g. In...To intervene in the price is suicidal. For e.g. Indonesia is going broke trying to keep up with petrol subsidies.<BR/><BR/>I do agree that the taxes on fuel should go altogether or be substantially reduced, and if they are not, we will definitely see a staggering govt surplus in revenue.<BR/><BR/>As I've written before, there's little doubt in my mind that oil will be $200+ per barrel. Check the Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-49019443777046165612008-03-18T15:37:00.000+08:002008-03-18T15:37:00.000+08:00I agree. Fuel taxes should go. The trouble is, ver...I agree. Fuel taxes should go. The trouble is, very few govts in human history have been willing to give up a guaranteed <I>revenue stream</I> like fuel tax.<BR/><BR/>I've mentioned before that $200 per barrel is not unlikely, so be prepared (I am) to pay $3 + per litre within the next 2 years when oil hits 200 and above.<BR/><BR/>You will notice the oil to gold ratio is about 1 to 10 (very Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-46444482845898897112008-03-18T14:12:00.000+08:002008-03-18T14:12:00.000+08:00i tot the "local guru" said oil price hitting US$1...i tot the "local guru" said oil price hitting US$111 is impossible? that the stock market will be intact? WTF anyone could have lost a sizeable fortune listening to these inaccurate advice.. you shudnt regurtitate angmohs' comments when you dun have a clue abt the markets becos angmohs are there solely to make deals, not accurate forecasts.Anonymousnoreply@blogger.com