Fuel for Thought
Tuesday, 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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