What Good Reason To Up Gas Price By 7.5%?

[makapaaa]

When natural gas price is still falling and the USD is weakening? To make Sporns pay for the Old Fart-Jinx combo's massive punting losses? FCUK THE GREEDY & CORRUPT Familee TRAITORS!



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<!-- START OF : div id="storytext"-->MONTHLY home gas prices will increase by about $1 from tomorrow.
This is because of the rise in the cost of high sulphur fuel oil, to which the cost of gas production is pegged, said gas producer City Gas on Thursday.
Gas tariffs for households will go up 7.5 per cent, from 15.14 cents per kwh to 16.28 cents per kwh.
The current average monthly household bill is $13.40, said a City Gas spokesman.
Gas tariffs are reviewed every quarter.

 

[Einfield]

Did the last quater natural gas price hike?
If not then they better explain.

But wait, this is Singapore, so no accountability or explanation required for everything the gov do.

 

[scoobyhoo]

if i were the ceo, i would up 100%. who dare to complain here? and i would collect my bonus.

 

[newyorker88]

Gas tariffs are reviewed every quarter.

Hallo,

Gas prices are at all time low, and nothing to do with oil prices, both are different commodities.

Up prices becos gas goes up? What is he excuse this time?