Nope I din say that.
Again, I am just asking you, you agree it's alright that the
main factor of increase in our electricity bills is the price of
crude oil, and then also agree that the factors of a decrease of
our electricity bills becomes a combo of various factors?
Coz, that's the way the govt is selling you those reasons.
Price increase -> Coz crude oil increase, no choice.
Price decrease just a bit -> Coz electricity price is a combo
of lots of factors, NOT JUST crude oil. So can't decrease much.
What happened to all the cost effective measures to ensure that
even if crude oil price goes up, they can control that so-called
50% of costs so that the people don't get taxed so heavily?
I don't know what is their 'forward' crude oil price now. Coz in
my opinion, it's all rubbish. It's just showing how useless our
investment experts are.
Last round, hedge oil price at so high a price -> then crude
oil price goes down. The whole world, many countries was reducing
electricity costs, we are the ONLY one that went up. And you
agree?
Then now crude oil price came so low, they are hedging it at a
higher price so that results in our electricity costs coming down
by so little?
It makes sense to you?
IT doesn't make sense to me.
It's all govt propaganda to cover the stupidity of their
actions, so that even though they have lost so much $$$ in the
financial market, they can still tax more from the citizens
again.
Also I would like to enquire if you are working or you are a
student?
price go up or go down is the same factor, oil price, and a combo
of other factors. before the increase, what was the oil price it
was pegged to? 100USD? than after increase it is pegged to 147USD?
47% increase?
or was it 120USD go up to 147USD, 20% increase?
i don't want to throw random number around, so maybe someone
find the actual number it is pegged to.