If only... there were NTUC petrol stations

• Clivebenss

  17 Feb 11, 08:35

  Feb 17, 2011 - ST Forum

  'One can only wish there were NTUC petrol stations.'

  MR ANG CHIN GUAN: 'With NTUC Foodfare's efforts in holding off price increases to help consumers cope with inflation ('NTUC Foodfare will not raise drink prices'; last Saturday), one can only wish there were NTUC petrol stations, given the frequent pump price increases by oil companies. In fact, it may be far more effective if petrol prices are reduced as petrol is a major cost component for motorists and businesses.'

• Junyang700

  17 Feb 11, 11:22

  Haha.. greatest joke.... theres SPC if you really want a local petrol pump station....

• ditzy

  17 Feb 11, 11:28

  Might as well say PAP run under NTUC. Best.

• dragg

  17 Feb 11, 12:16

  Originally posted by Junyang700:

  Haha.. greatest joke.... theres SPC if you really want a local petrol pump station....

  
  spc is china owned.

• Junyang700

  17 Feb 11, 12:35

  Originally posted by dragg:

  
  spc is china owned.

  huh china owned?

• FBFIce

  17 Feb 11, 13:08

  NTUC can fight the oil cartel?

  must be living in a well

• dragg

  17 Feb 11, 14:03

  Originally posted by Junyang700:

  huh china owned?

  it was sold to petrochina in 2009.

   

• Clivebenss

  17 Feb 11, 17:21

  Originally posted by FBFIce:

  NTUC can fight the oil cartel?

  must be living in a well

  oil well?

  

• TIB1086D

  17 Feb 11, 17:35

  There is no NTUC petrol station but there is JB petrol station...

• the Bear

  17 Feb 11, 17:40

  if NTUC tried to go into this, they'll be treated like they treated the small little mom-and-pop shops and be muscled out by the bigger players

• sbst275

  17 Feb 11, 19:24

  There's a petrol tax of 44c chargable per lit on top of GST.

  So dun compare with petrol prices in JB.

• sbst275

  17 Feb 11, 19:28

  how on earth is PAP going to control oil price?

  You can subsidise, but then why not subidise diesel for biz and buses from e petrol tax?

• sbst275

  17 Feb 11, 20:53

  Originally posted by TIB1086D:

  There is no NTUC petrol station but there is JB petrol station...

  
  1 lit RM2.50 for RON97

  works out to be S$1.05.

  + petrol tax + GST + their buffer of 30 sen = $1.729. Current market price $1.976 aft disc, works out 0.875 of SG petrol price

• I-like-flings(m)

  17 Feb 11, 21:42

  touchwood... TS dun open ur mouth no one will say u one...

• mancha

  18 Feb 11, 00:09

  Hello Mr Ang Chin Guan,

  Why do you think there is FairPrice and Cheers at Esso and Mobile petrol stations?

• charlize

  18 Feb 11, 09:43

  If there is any lucrative business, you can be sure they will muscle their way in on it.

   

  Can you stop the NTUC juggernaut?

• FBFIce

  18 Feb 11, 10:12

  Originally posted by sbst275:

  how on earth is PAP going to control oil price?

  You can subsidise, but then why not subidise diesel for biz and buses from e petrol tax?

  
  oridi subsidise on equipment