Singapore petrol is still the cheapest in the world?

• eagle

  27 Jun 08, 10:10

  Seems like I can requote Maurizio

   

  Originally posted by maurizio13:

  
  Can't help it if you are the only person in the forum that don't understand.

  Others don't seem to have a problem.

  

  
  

• Midlusionz

  27 Jun 08, 10:20

  Originally posted by £ Ĭ €Ú°:

  
  I think you boss going to fuck you up so bad that you forget the road back to home.

  Why he fuck you? Because you dont even know what is a non-oil producing developed country.

  Let's just said this is broken english LOL

   

  I got a hokkien idiom for u .

   

  "Lang kong dong, lu kong sai .. Lang kong gu tao, lu kong gu chee bye"

• Midlusionz

  27 Jun 08, 10:22

  Originally posted by £ Ĭ €Ú°:

  
  Read my post property? I think you should tell yourself to read my post properly first before talking.

  
  Properly or?

• eagle

  27 Jun 08, 10:25

   £ Ĭ €Ú°  said he thinks it's a good idea to compare using the oil price/GDP per capita or average salary ratio.

   

   Then now he says he don't understand (when most people here could understand) when the info is staring right at his face.

  Blatant self-denial

  

• Midlusionz

  27 Jun 08, 10:26

  Originally posted by eagle:

   £ Ĭ €Ú°  said he thinks it's a good idea to compare using the oil price/GDP per capita or average salary ratio.

   

   Then now he says he don't understand (when most people here could understand) when the info is staring right at his face.

  Blatant self-denial

  

  That's his character. What to do? xD

• £ Ĭ €ڰ

  27 Jun 08, 10:27

  Originally posted by eagle:

  Seems like I can requote Maurizio

   

  
  

  
  Maurizio, can I assume that you fully understood what this flying frog is quoting and you are prepare to answer to questions about the usefulness and reliability of this comparison?  

• purpledragon84

  27 Jun 08, 10:41

  how come TS never comment about the Luxembourg thingy that eagle has posted?

• Midlusionz

  27 Jun 08, 10:43

  Originally posted by purpledragon84:

  how come TS never comment about the Luxembourg thingy that eagle has posted?

  
  LOL, What do u think? =P

• gasband

  27 Jun 08, 10:47

  i guess its not the cheapest neither it is the most expensive.

  And i dun know how the discussion veered into this but I guess on one hand there is nothing wrong to say that Singapore's petrol is not expensive compared to alot of countries. That is a fact

  However on the other hand, the other argument is it also must be noted that how other countries priced their petrol is none of our business. It is of no consolation to drivers like us in singapore to know that other countries petrol is more expensive but yet see our petrol price increase by almost 50% over a year ago. No matter how cheap it can be, it is still 50% more expensive and it definitely affects our pocket.

   

• Spartans

  27 Jun 08, 10:50

  Originally posted by £ Ĭ €Ú°:

  
  Maurizio, can I assume that you fully understood what this flying frog is quoting and you are prepare to answer to questions about the usefulness and reliability of this comparison?  

  
  ..................

  People are giving you pertinent answers to your own question? Now you are disparaging their answers.

  This comparison shown that a richer country who does not produce any oil has a cheaper petrol price compared to Singapore.

  Understand?

• BeautifulBetty

  27 Jun 08, 10:54

  "Singapore petrol is still the cheapest in the world?" What is TS taking?! I oso want some to get disllusional so I can hide behind reality too

• £ Ĭ €ڰ

  27 Jun 08, 10:55

  Originally posted by purpledragon84:

  how come TS never comment about the Luxembourg thingy that eagle has posted?

  
  I am still waiting for someone who is more capable than the flying frog to answer my question regarding the petrol price / GDP ratio. Lets give Maurizio a chance to shine.

• eagle

  27 Jun 08, 11:02

  Originally posted by purpledragon84:

  how come TS never comment about the Luxembourg thingy that eagle has posted?

  
  Can't you see? He's the only one in this whole thread who doesn't understand what was posted mah. You can't rush the slower minded.

• £ Ĭ €ڰ

  27 Jun 08, 11:03

  Originally posted by BeautifulBetty:

  "Singapore petrol is still the cheapest in the world?" What is TS taking?! I oso want some to get disllusional so I can hide behind reality too

  Please read before posting lah...

   

  Originally posted by £ Ĭ €Ú°:

  Is Singapore petrol still the cheapest among non oil producing developed countries?

   

• eagle

  27 Jun 08, 11:04

  Originally posted by £ Ĭ €Ú°:

  
  I am still waiting for someone who is more capable than the flying frog to answer my question regarding the petrol price / GDP ratio. Lets give Maurizio a chance to shine.

  7 Signs That You're Living in Denial

  
  Everything Has an Excuse: "I'm not going to do this because..." "I would have done that, if not for..." Do you somehow manage to find excuses for everything? Good for you, maybe you will find someone who pays you for that, but for the time being, your attitude is yet another sign that you are simply living in a fantasy world.

   

  

• £ Ĭ €ڰ

  27 Jun 08, 11:06

  Originally posted by eagle:

  Hmmm

  just found this out:

  Luxembourg GDP per Capita (PPP) is $80500
  Their unleaded petrol price is 1.296 Euros, which is around 2.03955 USD from XE.com

  So the ratio is 2.534*10^-5

  https://www.cia.gov/library/publications/the-world-factbook/print/lu.html
  http://www.aaireland.ie/petrolprices/

  
  Singapore GDP per capita (PPP) is $49700 which is around 36416.1 USD
  unleaded petrol price say $2

  So the ratio is 5.49*10^-5

  https://www.cia.gov/library/publications/the-world-factbook/print/sn.html

   

  Conclusion: Singapore has less affordable petrol prices for its citizens and residents

  
  Maurizio, please comment on the above.

• eagle

  27 Jun 08, 11:09

  One really wonders why TS needs to beg for someone else to help him give comments on answers to his question in his thread.

  

• Spartans

  27 Jun 08, 11:11

  Originally posted by eagle:

  One really wonders why TS needs to beg for someone else to help him give comments on answers to his question in his thread.

  

  
  Isnt it obvious? It is Gazelle's old tatics. No point falling into a old trick.

• maurizio13

  27 Jun 08, 11:12

  Originally posted by £ Ĭ €Ú°:

  First and foremost, you should be directly your reply to Maurizio13 because my statement of S$0.25 per L petrol price in Saudi Arabia is simply an response to his claim that there is a "universal market price" for petrol.

  Are you aware that Australia is flushed with natural gas, oil, iron ore and coal, I am just wondering why Australia are still paying so much for steel, gas and petrol. Why didnt they sell $0.25 petrol like saudi arabia?

  
  First of all do you understand what I meant when I said "universal market price", it means prices under normal market conditions, without taxes, duties or subsidies.

   

  "We cannot afford to continuously subsidize the power sector; subsidies distort market pricing."

  http://www.adf.gov.af/src/strategy_papers/Power%20Sector%20Strategy%20-%20English.pdf 

   

  Do you who extracts the natural resources in Australia? This is a response to your from another thread which you conveniently cower away.

   

   

  Yes, your point of contention has always been natural resources. But do you know how mining industry works? Do you think that the Australian Government is directly involved in the mining and sale of these natural resources? Think again.

   

   

  While exploration and mining can sometimes be conducted by individual entrepreneurs or small business, most modern-day mines are large enterprises requiring large amounts of capital to establish. Consequently, the mining sector of the industry is dominated by large, often multinational, mostly publicly-listed companies. See Category:Mining companies for a list. However, what is referred to as the 'mining industry' is actually two sectors, one specializing in exploration for new resources, the other specializing in mining those resources. The exploration sector is typically made up of individuals and small mineral resource companies dependent on public investment. The mining sector is typically large and multi-national companies sustained by mineral production from their mining operations.

   

  A number of large multinational mining companies including BHP Billiton, Newcrest, Rio Tinto, Alcoa, Chalco, Alcan and Xstrata operate in Australia. There are also a lot of small mining and mineral exploration companies listed on the Australian Stock Exchange (ASX). Overall, the resources sector represents almost 20% of the ASX market by capitalisation, and almost one third of the companies listed. ^[8]

  Mining contributes about 5.6% of Australia's Gross Domestic Product. This is up from only 2.6% in 1950, but down from over 10% at the time of federation in 1900. ^[9] In contrast, mineral exports contribute around 35% of Australia's exports. Australia is the world's largest exporter of coal (35% of international trade), iron ore, lead, diamonds, rutile, zinc and zirconium, second largest of gold and uranium, and third largest of aluminium. ^[10]

  Of the developed countries, perhaps only in Canada and Norway does mining play as significant a part in the economy; for comparison, in Canada mining represents about 3.6% of the Canadian economy and 32% of exports ^[11], and in Norway mining, dominated by petroleum, represents about 19% of GDP and 46% of exports.^[12] By comparison, in the United States mining represents only about 1.6% of GDP^[13].

  Despite its export importance, the mining sector employs only a small proportion of the workforce - roughly 129,000 Australians, representing only about 1.3% of the total labor force ^[14].

   

  Essentially what the government does is sell the land to these stock exchange listed mining companies and leave the sourcing and procuring of minerals to these private companies. The government gets paid for the lease of the land in the form of either a fixed sum or annual sum, alot like the selling of commercial land in Singapore. The money obtained from the sale or rental of these mines goes into helping the citizens of Australia as claimed by you. But where has the money from the sale of commercial land in Singapore gone. Unless you going to start arguing with me, telling me that these publicly listed companies on the stock exchange gives donation to the Australian government for no apparent reason, that I have nothing else to comment.

   

   

   

   

   

• £ Ĭ €ڰ

  27 Jun 08, 11:21

  Originally posted by maurizio13:

  
  First of all do you understand what I meant when I said "universal market price", it means prices under normal market conditions, without taxes, duties or subsidies.

   

  •  
    • "We cannot afford to continuously subsidize the power sector; subsidies distort market pricing."
    •  

  http://www.adf.gov.af/src/strategy_papers/Power%20Sector%20Strategy%20-%20English.pdf

   

  Do you who extracts the natural resources in Australia? This is a response to your from another thread which you conveniently cower away.

   

   

   

   

  Yes, your point of contention has always been natural resources. But do you know how mining industry works? Do you think that the Australian Government is directly involved in the mining and sale of these natural resources? Think again.

   

  While exploration and mining can sometimes be conducted by individual entrepreneurs or small business, most modern-day mines are large enterprises requiring large amounts of capital to establish. Consequently, the mining sector of the industry is dominated by large, often multinational, mostly publicly-listed companies. See Category:Mining companies for a list. However, what is referred to as the 'mining industry' is actually two sectors, one specializing in exploration for new resources, the other specializing in mining those resources. The exploration sector is typically made up of individuals and small mineral resource companies dependent on public investment. The mining sector is typically large and multi-national companies sustained by mineral production from their mining operations.

   

  A number of large multinational mining companies including BHP Billiton, Newcrest, Rio Tinto, Alcoa, Chalco, Alcan and Xstrata operate in Australia. There are also a lot of small mining and mineral exploration companies listed on the Australian Stock Exchange (ASX). Overall, the resources sector represents almost 20% of the ASX market by capitalisation, and almost one third of the companies listed. ^[8]

  Mining contributes about 5.6% of Australia's Gross Domestic Product. This is up from only 2.6% in 1950, but down from over 10% at the time of federation in 1900. ^[9] In contrast, mineral exports contribute around 35% of Australia's exports. Australia is the world's largest exporter of coal (35% of international trade), iron ore, lead, diamonds, rutile, zinc and zirconium, second largest of gold and uranium, and third largest of aluminium. ^[10]

  Of the developed countries, perhaps only in Canada and Norway does mining play as significant a part in the economy; for comparison, in Canada mining represents about 3.6% of the Canadian economy and 32% of exports ^[11], and in Norway mining, dominated by petroleum, represents about 19% of GDP and 46% of exports.^[12] By comparison, in the United States mining represents only about 1.6% of GDP^[13].

  Despite its export importance, the mining sector employs only a small proportion of the workforce - roughly 129,000 Australians, representing only about 1.3% of the total labor force ^[14].

   

  Essentially what the government does is sell the land to these stock exchange listed mining companies and leave the sourcing and procuring of minerals to these private companies. The government gets paid for the lease of the land in the form of either a fixed sum or annual sum, alot like the selling of commercial land in Singapore. The money obtained from the sale or rental of these mines goes into helping the citizens of Australia as claimed by you. But where has the money from the sale of commercial land in Singapore gone. Unless you going to start arguing with me, telling me that these publicly listed companies on the stock exchange gives donation to the Australian government for no apparent reason, that I have nothing else to comment. 

  My interpretation of what you are saying is that the Australians are suffering because Australia government sell away their country natural resources to oil companies, and then impose heavy taxes on the australians income just to ensure there is welfare for the country?

  Universal Market Price - Is that your OWN interpretation or is that a internationally known phrase use to describe what you are saying?  

• DeerHunter

  27 Jun 08, 11:28

  Originally posted by maurizio13:

  Do you who extracts the natural resources in Australia? This is a response to your from another thread which you conveniently cower away.

   

   

  Yes, your point of contention has always been natural resources. But do you know how mining industry works? Do you think that the Australian Government is directly involved in the mining and sale of these natural resources? Think again.

   

   

  While exploration and mining can sometimes be conducted by individual entrepreneurs or small business, most modern-day mines are large enterprises requiring large amounts of capital to establish. Consequently, the mining sector of the industry is dominated by large, often multinational, mostly publicly-listed companies. See Category:Mining companies for a list. However, what is referred to as the 'mining industry' is actually two sectors, one specializing in exploration for new resources, the other specializing in mining those resources. The exploration sector is typically made up of individuals and small mineral resource companies dependent on public investment. The mining sector is typically large and multi-national companies sustained by mineral production from their mining operations.

   

  A number of large multinational mining companies including BHP Billiton, Newcrest, Rio Tinto, Alcoa, Chalco, Alcan and Xstrata operate in Australia. There are also a lot of small mining and mineral exploration companies listed on the Australian Stock Exchange (ASX). Overall, the resources sector represents almost 20% of the ASX market by capitalisation, and almost one third of the companies listed. ^[8]

  Mining contributes about 5.6% of Australia's Gross Domestic Product. This is up from only 2.6% in 1950, but down from over 10% at the time of federation in 1900. ^[9] In contrast, mineral exports contribute around 35% of Australia's exports. Australia is the world's largest exporter of coal (35% of international trade), iron ore, lead, diamonds, rutile, zinc and zirconium, second largest of gold and uranium, and third largest of aluminium. ^[10]

  Of the developed countries, perhaps only in Canada and Norway does mining play as significant a part in the economy; for comparison, in Canada mining represents about 3.6% of the Canadian economy and 32% of exports ^[11], and in Norway mining, dominated by petroleum, represents about 19% of GDP and 46% of exports.^[12] By comparison, in the United States mining represents only about 1.6% of GDP^[13].

  Despite its export importance, the mining sector employs only a small proportion of the workforce - roughly 129,000 Australians, representing only about 1.3% of the total labor force ^[14].

   

  Essentially what the government does is sell the land to these stock exchange listed mining companies and leave the sourcing and procuring of minerals to these private companies. The government gets paid for the lease of the land in the form of either a fixed sum or annual sum, alot like the selling of commercial land in Singapore. The money obtained from the sale or rental of these mines goes into helping the citizens of Australia as claimed by you. But where has the money from the sale of commercial land in Singapore gone. Unless you going to start arguing with me, telling me that these publicly listed companies on the stock exchange gives donation to the Australian government for no apparent reason, that I have nothing else to comment.

   

   

   

   

   

  
  Nutcase maurizo, It was me who cleared up your stupidity several posts ago. Yet here you are again spouting clearly your inbred intellect. You certainly have nothing to comment. Because you are just plain stupid, but with just enough animal cunning to lie, twist and turn facts to support your utter brainlessness.

  Continue on with your 'Australia has higher pay after 45% tax and can afford free this and that compared to Spore.' Let see how many will be as foolish enough to believe in your folly.

  As usual, since you had been wacked by facts, now you turn to slander and claim the govt pockets everything. Have you no shame? Isnt being stupid enough but you have to descend down the hell of deceit to lie to your fellow citizens? Or are one of the emigres who had regretted your lost of citizenship, being an outcaste in your new country, so want our fellow citizens to suffer along with you by blinding them with lies and half truths?

• purpledragon84

  27 Jun 08, 12:49

  Originally posted by DeerHunter:

  
  Nutcase maurizo, It was me who cleared up your stupidity several posts ago. Yet here you are again spouting clearly your inbred intellect. You certainly have nothing to comment. Because you are just plain stupid, but with just enough animal cunning to lie, twist and turn facts to support your utter brainlessness.

  Continue on with your 'Australia has higher pay after 45% tax and can afford free this and that compared to Spore.' Let see how many will be as foolish enough to believe in your folly.

  As usual, since you had been wacked by facts, now you turn to slander and claim the govt pockets everything. Have you no shame? Isnt being stupid enough but you have to descend down the hell of deceit to lie to your fellow citizens? Or are one of the emigres who had regretted your lost of citizenship, being an outcaste in your new country, so want our fellow citizens to suffer along with you by blinding them with lies and half truths?

  zzz

• purpledragon84

  27 Jun 08, 12:50

  Originally posted by eagle:

  Hmmm

  just found this out:

  Luxembourg GDP per Capita (PPP) is $80500
  Their unleaded petrol price is 1.296 Euros, which is around 2.03955 USD from XE.com

  So the ratio is 2.534*10^-5

  https://www.cia.gov/library/publications/the-world-factbook/print/lu.html
  http://www.aaireland.ie/petrolprices/

  
  Singapore GDP per capita (PPP) is $49700 which is around 36416.1 USD
  unleaded petrol price say $2

  So the ratio is 5.49*10^-5

  https://www.cia.gov/library/publications/the-world-factbook/print/sn.html

   

  Conclusion: Singapore has less affordable petrol prices for its citizens and residents

  £ Ĭ €Ú°, ur turn..

• £ Ĭ €ڰ

  27 Jun 08, 12:54

  Originally posted by purpledragon84:

  £ Ĭ €Ú°, ur turn..

  
  I dont have a habit of commenting on craps written by people who cant even explain what they are saying. Are you capable for explaining on their behalf? If you do, please let me know because I do have plenty of questions to ask about the subject.

   

• purpledragon84

  27 Jun 08, 12:59

  Originally posted by £ Ĭ €Ú°:

  
  I dont have a habit of commenting on craps written by people who cant even explain what they are saying. Are you capable for explaining on their behalf? If you do, please let me know because I do have plenty of questions to ask about the subject.

   

  whey.. u TS, you put the question up, now ppl give answer, u dunwan to comment, dunwan to acknowledge that singapore petrol is not cheapest, u siam here siam there? now u got alot of questions, den ask lo.. open to the floor la.. zzz..