April 8, 2009

Petrol Prices

Heard on the news that petrol prices will increase a bit. This morning, I paid 97.9 cents per litre for my E10 unleaded petrol, which should be the cheapest this week. Unlike in Singapore where you do not know when they will be at their cheapest, petrol prices here are always cheaper on Wednesdays (used to be Tuesdays).

I only just realised that Australia gets its petrol supply from Singapore oil refineries. This makes me very proud being a Singaporean (amidst some other factors). The Australian petrol prices depend very much on the Singapore market, even though it is much cheaper here. I checked today's prices in Singapore is on an average of $1.50 per litre. Apparently "To meet Australian fuel demand, around a quarter of fuel is imported (mainly from Singapore). Singapore is the regional refining and distribution centre and among the world's largest". Read also, BP's article on petrol prices.

I think few Australians know of this fact and are still thinking that Singapore is somewhere in China where in actual fact, it is much nearer to Australia. 

2 other thoughts:

Steeejei said...

You mean Singapore isn't a city in China...?! :p

WhiteDuskRed said...

Well I get Japanese and French friends thinking the same... a map somewhere out there have us located way up North...

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