Cempaka Business and Economy: Oil Price Hikes Wreak Havoc With Fuel Subsidy Budgets

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Monday, December 27, 2010

Oil Price Hikes Wreak Havoc With Fuel Subsidy Budgets

Jakarta Globe, Ririn Radiawati Kusuma | December 26, 2010

State oil and gas company Pertamina looks set to lose money if the rise in crude oil prices continues, an official said.

A Caltex oil refinery near Brisbane, Australia. Oil prices
hit $91.41 per barrel on Sunday, the highest in two years,
on the back of rising demand during an unusually cold winter
in Europe, and Indonesia is worrying about the effect of
high prices on 2011state spending. Bloomberg Photo

Pertamina spokesman Mochammad Harun said the company’s bottom line would take a hit as oil prices grew beyond the government’s allocation for fuel subsidies in 2010.

“We are still calculating what we have to pay to replace the subsidy allocation from the government,” he told the Jakarta Globe on Sunday.

Oil prices hit $91.41 per barrel on Sunday, the highest in two years, on the back of rising demand during an unusually cold winter in Europe.

Analysts said the cold snap, which happened earlier than expected, saw some speculators move to increase the oil price.

“OPEC estimated that the highest demand will happen in the end of December,” Rudi Rubiandini, an energy analyst from Institut Teknologi Bandung, said on Sunday.

Price rises, he said, would continue until mid-January before returning to normal in early February and hitting their lowest demand in May.

Crude oil prices will impact Indonesia’s oil subsidy allocation in December, Rudi said, as demand during the Christmas and New Year holidays would increase up to 10 percent above average. The current price is higher than the $80 per barrel mark the government wrote into its 2010 state budget.

The government and House of Representatives agreed on Dec. 9 to add 1.87 million barrels to the allocation of subsidized oil. Evita Legowo, directorate general of oil and gas at the Energy Ministry, said the government had already saved Rp 7.7 trillion ($855 million) as the average oil price earlier in 2010 was lower than the projected $80 per barrel.

The government allocated Rp 88.9 trillion in the stage budget to cover fuel subsidies this year, though Evita said it might only end up spending Rp 81.1 trillion after the addition in December.Harun confirmed the fuel subsidy allocation would not exceed the state budget allocation.

“The country will not lose anything, but on our side, we have to replace the loss caused by the oil price hike,” he said.

Rudi estimated Pertamina would pay Rp 750 billion more to meet the extra fuel demand in the final days of 2010.

Cempaka Business and Economy

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Monday, December 27, 2010

Oil Price Hikes Wreak Havoc With Fuel Subsidy Budgets

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