Wednesday, September 24, 2008

Where Is Our Promised 15cents?

Today the Government announced a decrease of 10cents for the fuel price.

Hooray for that!...but wait!

I remember the government promised that they would reduce 15cents if the crude oil price remains low, or at least maintain. I remember the promise was made when the crude oil price was USD 108 per barrel.

Since then, the crude oil price has been going down, and most of the time stayed below the 100 dollars mark. Right now, at this time, the crude oil price is USD 105.43 per barrel. It's now below the USD 108 mark!

So why did we only get 10cents decrease? And not the 15cents? I am grateful for the decrease, i am really.

But i am just disgusted that the government promised something and could not deliver. 5 cents can make alot of difference.

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