Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Fuel Rationing Ahead?
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Fuel Rationing Ahead?

Indonesia Consider Fuel Rationing for Private Vehicles as World Oil Prices Near US$100 a Barrel Mark.


Bali News:
Click Image to Enlarge

(11/10/2007)

The Indonesian Government is reportedly weighing the option of imposing a program of gasoline rationing for private vehicles if global oil prices continue their march to a level in excess of US$100 per barrel.

Such a move, argue many, is made necessary by the increasingly burdensome cost of government-sponsored oil subsidies throwing the State budget badly off kilter. The current allocation for oil subsidies in the 2008 State Budget of US$5 billion was based on a projected US$60 average cost of a barrel of crude oil.

Indonesia an Oil Importer

Although Indonesia is a member of OPEC and a major producer of oil, it's large population, diminishing oil production rates and rapid pace of economic growth means that the Country is a net importer of oil. Approximately 30% of Indonesia's oil needs are now met through imports.

While the details of any proposal to limit the use of gasoline by consumers in Indonesia remains vague, government insiders say that any such plan, if eventually introduced, would affect only private vehicles and not public transport.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
A Night for the Birds
More than Rp. 20 million Raised at Bali Starling Night at Big Tree Farm by Begawan Foundation
(2/24/2017)
Giving Busses the Business in Bali
Plans Under Review to Limit Maximum Bus Length in Kuta, Bali to 5 Meters
(2/24/2017)
Chinese Checkers Wanted
Chinese Travelers Expected to Become Baliís Top Inbound Market in 2017
(2/24/2017)
Czech Out
Czech Tourists Dies in Canggu Beach Motorcycle Accident
(2/20/2017)
Hilltop Thievery
Four Face Long Prison Terms for Collecting Illegal Admission Fees at Kintamani Volcano
(2/19/2017)
Feeling Ambivalent in Both Directions
Two-Days After Changing Traffic Directions, Police in Kuta Restore Two-Way Flows on Jalan Kartika Plaza in Bali
(2/18/2017)
Misguided
4 Unlicensed Guides Apprehended Working in Downtown Denpasar
(2/21/2017)
Uber Doing It!
Uber Taxi Driver Beaten by Angry Crown in Ubud, Bali
(2/19/2017)
Farewell, Ibu Nelly
Thousands of People Bid Farewell to the Foreign Princess of the Ubud Royal Palace
(2/19/2017)
Japanese Beneficence
Japanese Safari Park Donates to Help Indonesian Conservation Efforts
(2/19/2017)
Is the Stork a Blue Bird?
Woman Gives Birth in the Back Seat of a Blue Bird Taxi in Bali
(2/18/2017)
Footloose in Ubud
PHRI-Gianyar Chairman Calls on Ubud Hotels to Halt Balinese Dance and Cultural Performance
(2/18/2017)
All [News]!