Post by Dr. Richard Lim
Singapore Government controls the price of oil? You think? LOL!
While the pap multi$million ministers don't control the
international price of oil, they DO control the price of
oil like petrol in Singapore. Why ? More than 60% of the
price of petrol is Singapore Government Tax.
If they genuinely care about the welfare of the people they
would have reduce this Government petroleum tax to
make petrol more affordable. Just look at Malaysia,
a litre of petrol is only about 60 Malaysian cents which
is about 30 Singapore cents on S$1 = MR2.