Wednesday, November 5, 2008

Oil Prices Coming Down At Last

Remember when oil prices reached a record high of 147 dollars and above in July recently? It affected many motorists and especially those who depended on transportation to travel, deliver goods and ferry passengers. School buses increased fares, public fares went up and even the taxis charge extra 30cents for fuel surcharge. Travelling was especially expensive as fuel charges or tax were high though there were budget flights.

Many people refrain from going out as often to keep their petrol bills low. In the past month, world oil prices had been coming down and it was really something to be celebrated for. I could get a little more than 3/4 tank of petrol at S$50 compared with half tank or less in July!


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