What If Petrol Prices Go Up Again

[slcamel]

What If Petrol Prices Go Up Again? - Nothing will happen... JVP will protest, Sheds will go off fuel, Gov will justify the Global % hike, Taxi's will increse the rates, Lots of Threds for faultly fuel pumps.. at the end, all the vehicles will be moving on....

[AbeysinghE]

What If Petrol Prices Go Up Again? - Nothing will happen... JVP will protest, Sheds will go off fuel, Gov will justify the Global % hike, Taxi's will increse the rates, Lots of Threds for faultly fuel pumps.. at the end, all the vehicles will be moving on....

I still can't understand the mechanism which Sri Lankan government uses to justify the fuel hikes..According to the Sri Lankan government, the prices of the world market gets high once in three months.when it gets down..just remain silent.no adjustments whatsoever, or a tiny little price reduction to fool the public..

In Malaysia where I'm living right now..there weren't a price adjustment after last December 2011..the current price of a petrol liter octane 95 which is using widely is RM 1.90 which is roughly Rs.79/= , SO that means the world market adjustment has not been adjusted to the price??..or government of Malaysia is making it stable bearing a loss??..the truth is it's the real price compared to the world market. What is happening in Sri Lanka is not adjusting according to the world price, but to reduce the effects of wastage and poor management.

Edited June 12, 2012 by AbeysinghE

[terrabytetango]

Well their excuse was the embargo on Iran. But as of today that will be lifted for SL, India and a select few countries if they can prove they're importing less than some specified amount.

[whatever]

In Malaysia where I'm living right now..there weren't a price adjustment after last December 2011..the current price of a petrol liter octane 95 which is using widely is RM 1.90 which is roughly Rs.79/= , SO that means the world market adjustment has not been adjusted to the price??..or government of Malaysia is making it stable bearing a loss??..the truth is it's the real price compared to the world market. What is happening in Sri Lanka is not adjusting according to the world price, but to reduce the effects of wastage and poor management.

Malaysia produces and exports Oil. Oil price in Malaysia is way bellow the market price

[Komisiripala]

Malaysia produces and exports Oil. Oil price in Malaysia is way bellow the market price

Ha ha yeah that's what I thought too. So they ARE the world market!

[Bora.Mora]

First, all the monkeys in Allions, premios, Vits, Beltas, Bultos, Demios and what nots will form queues 10Kms long at every fuel station.

Then fuel stations will run out of fuel.

Next day, every Tom, Dick and Harry will take it up the arse like the good men they are and pump fuel at the price decided bu the GOSL...

Ok, BTW, prices of Econoboxes will go up by 2 million Rupees..... And your average monkey will pawn his remaining testicle and his mother remaining tit and his wives left kidney and one ovary to buy a Corolla 110...

SOOOO TRUE!!!!..LOL