Friday, December 31, 2010

Govt Refuses Early Enactment of Fuel Control

The government refuses the idea suggested by economic analyst Anggito Abimanyu to hurry fuel control by virtue of the increase in world crude oil prices.

"The government wants to be more logical and technically prepared concerning the issue," said Energy and Mineral Resources Minister, Darwin Zahedy Saleh, in Jakarta on Friday, Dec 31.

The hike in world crude oil prices, according to Darwin, will back up the arguments expressed by the government on the importance of subsidized fuel control. In his opinion, should oil prices go up, the government would subsidize more to fuel.

"The issue is not to speed it up, but to reinforce the government's ground to subsidize to the right people," he said.

Earlier, economic analyst Anggito Abimanyu recommended that the government steps up fuel control following the soaring world crude oil prices.

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