A woman is seen at a fuel station in Phnom Penh. Cambodia's political opposition has demanded a government response over record petrol prices, which remain at over one US dollar a litre despite falling global oil costs (AFP/File/David van der Veen)Sat Jan 13, 2007
Demands for answers in Cambodia over record gas prices
PHNOM PENH (AFP) - Cambodia's political opposition has demanded a government response over record petrol prices, which remain at over one US dollar a litre despite falling global oil costs.
"Why has the price not gone down when the cost of oil worldwide has dropped ... I want an answer from (Finance Minister) Keat Chhon," opposition leader Sam Rainsy wrote in a letter, dated January 12.
"This creates hardships for the Cambodian people," he added, saying the minister has so far refused to respond to his questions.
Crude oil prices closed at below 53 dollars a barrel Friday -- levels not seen since June 2005 -- after reaching highs in mid-2006 of around 78 dollars per barrel.
Cambodian petrol prices more than doubled as a result of the global surge last year, pushing up the cost of other essential goods as well.
While there has been a slight ease in pump prices, petrol in Cambodia shows no signs of dropping sharply.
Government officials say they have no control over fuel costs, although some have suggested that the finance ministry could urge gas companies for an across-the-board cut.
Gas companies in Cambodia have little reason to lower their prices once international markets drive them up amid a dearth of competition. There are no government subsidies to soften the impact of higher energy costs.
"Why has the price not gone down when the cost of oil worldwide has dropped ... I want an answer from (Finance Minister) Keat Chhon," opposition leader Sam Rainsy wrote in a letter, dated January 12.
"This creates hardships for the Cambodian people," he added, saying the minister has so far refused to respond to his questions.
Crude oil prices closed at below 53 dollars a barrel Friday -- levels not seen since June 2005 -- after reaching highs in mid-2006 of around 78 dollars per barrel.
Cambodian petrol prices more than doubled as a result of the global surge last year, pushing up the cost of other essential goods as well.
While there has been a slight ease in pump prices, petrol in Cambodia shows no signs of dropping sharply.
Government officials say they have no control over fuel costs, although some have suggested that the finance ministry could urge gas companies for an across-the-board cut.
Gas companies in Cambodia have little reason to lower their prices once international markets drive them up amid a dearth of competition. There are no government subsidies to soften the impact of higher energy costs.
12 comments:
The answer is very easy. The enormous profits , sucked from the dirt poors , were shared among government officials including HUN SEN's family as well....
Animal kat chen KEAT CHON will never tell the truth, because he himself a communist khmer rouge. Just like AH kanhchas NUON CHEA who always denied that killing field ever took place....it's just SAD....
High price gasoline means the
environment will be protected
from evironment abusers. Plus,
it also means more tax revenues
to reconstruct the country.
Therefore, it aint my worse night-
mare. And I hope the SRP don't
spoiled it for everyone because
they don't want to pay the taxes.
To 7:36
It also means more villas,more monies,more luxuries cars for the powerfuls and their croonies ,and worse it will make them refuse to step down and loose power ., because once they loose power ,and people find out about the corruption, then people will put them in J....AI......L.
So what? More villaes mean more
Jobs for Khmers; which in turn,
means relief, better economy,...
Therefore, it aint no night-mare.
You traitors just like to blow
everything out of proportion to
attempt to install Lon Nol 2 in
Cambodia again. Unlucky for you,
however, we are always ahead of
you. We aint as stupid as you
think we are, loser.
Hi Neak Yuan peasant 6:25 PM.
Have you read "No empire can last for ever"? So stop bragging too much. Thing can change and you may not be realized it. Be cool and learn from the public opinions.
And where did you get that stupid
idea from? Are you blind or
something? China is more than
5 thousands years old and it is
still a superpower. Get it?
Oh wait, lemmeguess, first you
will topple Vietnam, then you will
come after us. Isn't that so?
Wow I am so scared to see the
dissapearance of china any time
soon.
Where this Yuan peasant thief 4:33 AM going? You miss the baot of Yiek Cong Missy.
Fuck your mother! The person who posed his/her comment at 7:36 am is crazy. I don't know if he carries goods and walks from Phnom Penh to Sihanoukville or not. He is a real epicrit ! If he said gasolin destroy emvironment so his fart also destroys environment! And that guy also destroys environment because he eats rice grown by using gasolin to pump the water.
Hey stupid, in case you don't know,
I am not the one who bitch, whine,
and crying about the environment,
You (moron) and your Psycho people
are the one. So don't complaint
to me. Tell it to your corrupted
UN. You get it, Fool?
To 2:04AM
Nobody complaint to your fucken ass! Your fucken need to be kicked!ahahahahh!
Are you sure you don't want to
suck my arse instead?
Vietcong like to eat dog!
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