Well, the truth is... The Arabs are the ones making lots
of money. Not only because they call the shots in prices.
Our refineries are only doing "fine" now
due to the rising cost of crude.
In fact, they are killing us all very
soon because they are currently investing in plants that
produces petrochemicals at 1/3 the price of what we can do.
(Business times today)
re:shinobi
Well, if singapore has oil, the oil will belong to sg
not to the priv companies. just because they drill
it and package it nicely in pumps doesnt mean they
own it.
If we have oil, they will be absolutely no doubt it'll
be benificial to us all, whether directly or indirectly.
But at this stage it still sounds kinda far-fetched
that we could possibly have any oil. I could only
wish we do, then we can boycott malaysians from
driving over to woodlands/tuas to pump their protons.