Every Singaporean should remember that when OIL PRICES went up , everything GOES UP. Even a bowl of " wan-tan-mee " went up in the hawker centre. A cup of coffee also rocketed.
NOW, OIL PRICES came down, nothing goes down with it.
The authorities at that time also agreed that when OIL PRICES went up, BUS FARES, TRAINS, PUBLIC UTILITIES will be increase in tandem.
NOW OIL PRICES keep droping, the genius said, "
low oil prices won't translate into fare drop ". Which means to say, even with OIL PRICES keep coming down, bus fares and train fares may still go up in year 2009.