because unlike australia which uses coal, singapore power plants are run on oil derivatives. gasoline is only ONE of the many products obtained from CRUDE OIL. people don't trade in GASOLINE, they trade in CRUDE OIL.
Exactly. So boycotting isn't a real solution. In fact that is really no solution for oil prices. Oil is a commodity that is limited. Eventually we are gonna run out of it. In fact, if we keep the price low, we end up using more of it, and the commodity depletes faster.
The real solution is to look into alternatives. Take a look at the real demand here: it's not just about oil we are seeking. It is all about ENERGY. As seen by what Shinobu mentioned about Australia, oil is not the only source of energy that is available to us. In fact, the earth itself has a vast amount of energy forms just waiting to be tapped from its belly.
Problem is that, despite the mind bending pace that the modern world is developing, the development of energy related technology is alarmingly slow and unpopular. Once in a while, we hear it in the news: a car made to run using electricity, all-solar powered house and the likes. It has been happening for years, but we have yet to hear of that car becoming traffic, or that house turning into homes; that singular brilliant invention never became a significant collective asset.
I hazard to believe that we could have had the technology to harness energy from lightning or a pile of rubbish by now, seeing the vast amount of energy that could be tapped them; if more energy and thoughts has been invested into the RESEARCH to look into how to tap these alternative, cleaner and FREE energy sources. Sadly, we found more interest to focus our mental and physical energy to make the next version of IPods and PSPs (both of which I proudly do not want to own).
I have thinking about this for years now, and I find that it gets more and more appalling with each passing year that nothing significant came out of this.