Archive for May 26th, 2008

The Effects of Gasoline Price Increase

As you can read on my post regarding the increase in Indonesia’s Gasoline Price, it is now been three days since the price of Fuel first declared. Already the newspaper, television and even my co-workers are discussing it every day.

It is not the price of the fuel itself that got talked about the most, but rather the side-effect that happened because of the fuel price increase. That is the basic and even not-so-basic commodities price which also increased due to the fuel price increase.

Even now the cost or the fee for public transportation is increasing rapidly and almost simultaneously Read the rest of this entry »