26 Feb '15, 3am

Well, I'm not the only one skeptical about @CaseSG's "bite" ... #fb

Well, I'm not the only one skeptical about @CaseSG's "bite" ... #fb

The Consumers Association of Singapore (CASE) is very, very angry with petrol firms and have accused them of “profiteering”. In fact, they are so angry, they have sent out letters to the petrol companies demanding they explain why they increased prices. This was after petrol prices across the island were raised on Feb. 24, 2015, a day after a hike in petrol duty prices was announced by Finance Minister Tharman Shanmugartnam during the Budget 2015 speech on Monday. The increase resulted in prices going up to S$0.25 for a litre of 98-octane grade petrol and as much as S$0.18 for 95-octane grade petrol, which is 5 cents and 3 cents higher than the increases in the respective petrol duty rates. CASE Executive Director Seah Seng Choon said: “While petrol prices have fallen by 2 cents as compared to yesterday, pump prices are still higher than the recommended 15 to 20 cents incr...

Full article: http://mothership.sg/2015/02/case-very-very-angry-with-pe...

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