Fuel for Thought

The program to reduce the supply of Premium gasoline for private vehicles must be properly thought out. There must not be chaos on the ground.

December 11, 2007

THE government's plan to reduce subsidized fuel among owners of private vehicles is actually a good idea. These efforts clearly deserve support. After all, the price of oil, which is now approaching US$100 per barrel-an all-time high-is increasingly draining the state's coffers. This is because Indonesia has been a net importer of crude oil for the last five years.

If the era of cheap oil is really over, the consequences will become even more seriou

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