atans1

PAP govt should do what UK govt is doing

In Economy, Political economy, Political governance on 07/11/2014 at 5:10 am

Telling oil cos that the oil price falls MUST be passed on to motorists.

And to other users of oil-based products.

But as this is S’pore, pigs will fly first. PAP doesn’t do populism even when its the right thing to do economically and popularly. The Hardest of Hard Truth is “Be popular by being unpopular”.

Pump prices

The Daily Telegraph’s front page story focuses on a Treasury warning to petrol companies and supermarkets that oil price cuts must be passed on to motorists.

Petrol pump

The main UK fuel suppliers and distributors have denied pump prices have not been reflecting recent falls in the price of oil but Danny Alexander, the Chief Secretary to the Treasury, is to write to them.

The Daily Mail suggests critics are likely to say that Mr Alexander should be proposing further cuts to fuel duty rather than just pleading with the petrol giants.

And the Sun concurs. Its leader column also says there is “plainly scope for more cuts” from the fuel companies and wonders about the “crippling fuel surcharges airlines slapped on flights” when the wholesale prices soared.

BBC Online

line
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: