Reply to thread

Message: <blockquote data-quote="Schwepps" data-source="post: 364219" data-attributes="member: 3592">I'm not an oil fella, more an armchair economist. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile    :)" loading="lazy" data-shortname=":)" /> I reckon it's still at proposal stage. There are gonna be lots of proposals in the next 18 months. Expected in 2010: oil prices going up again as the global economy starts improving, APs being discontinued, full AFTA compliance and further opening of our auto market, diesel at least at Euro 2 standard, the advent of hybrids.A new fuel poilcy is long overdue. We are among the countries keeping fuel prices irresponsibly low. Time to be weaned off it, and be forced to be more energy efficient. We have about 50 years of oil money left to support our present way of life. Taxing fuel, with selective subsidies to keep certain segments of the population afloat, will be tied into offering energy-efficient cars such as hybrids.  I believe hybrids will be the new play to offset the loss of APs and protectionism. Keep your eye on who gets what in the hybrid play. :wink:</blockquote>