UTOPIA: Petrol Prices will likely to Go Down

Friday, September 5, 2008

Petrol Prices will likely to Go Down

Well, it sounds as if I control the oil prices by putting such statement in the blog post. It’s a rather good news before the festive season, as it gives us some relief, especially during this high-inflation period (the inflation hits a 26-year high in July with 8.5%)…
A 15 cent decrease is sufficient to halt the rising inflation (that’s only if we dun demand much and take things for granted). Maybe abit too late for some as food prices has already gone up (and will never go down).
The food price increase is very much felt. A (small portion) plate of char kuey teow at a coffeeshop nearby my workplace costs $4.50, and a soy bean drink costs $1.40. A simple decent meal could takes up to $6…and I m still feeling hungry after that…
Anyway, I’m looking forward to this coming month…hoping that oil prices will remain at USD109 per barrel.
Enjoy your weekend ;-)

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