Bitte_Kein_Lexus wrote:Doesn't matter what he meant. What matters is what was said, and what he intended people to believe. I can't comment as I haven't seen/heard the speech, but it wouldn't surprise me if he claimed to have single-handedly lowered prices. As if that were possible... Then again, the average Khmer thinks one can just magically "increase salaries for everyone", and that it's the government's responsibility to pay people for work done at private businesses. "The government" is often seen as a magical entity that can do anything. Of course, it doesn't surprise me that the CNRP would do the same (they're masters of deception). Taking advantage of ignorance is nothing new. Not new here, not new elsewhere on the world either.

He said that based on current global oil prices, the cost per liter (one-fourth of a gallon) of gasoline in Cambodia should be only 4,000 riel (U.S. $0.98), though no company has been willing to offer prices so low.

In October, a liter of gasoline in Cambodia cost between 5,600 and 5,800 riel (U.S. $1.37 and $1.41), but recently the price has dropped to between 4,200 and 4,500 riel (U.S. $1.02 and $1.10).

Sokimex, Thailand’s PTT and BVM in November agreed with the MoC to drop their average prices from more than 5,000 riel per litre to close to 4,700 riel per litre. Smaller petrol provider Savimex reduced its prices to about 4,400 riel per litre.

According to ministry spokesman Ken Ratha, fuel retailers have reduced prices three times since November, and regular gasoline prices are this week sitting at about 4,150 riel – ranging from 3,800 riel to 4,250 riel.