Impact of Increase in World Oil, No fuel price increase
The average price of crude oil that currently reaches 100 U.S. dollars per barrel was slightly higher than the average price of crude oil in the assumption of the national budget of the State Minister said KeuanganAgus Martowardojo 2011.
Therefore, it is now wary of the tendency of improvement. However, changing the basic assumption of Indonesia’s production of crude oil prices in the State Budget (APBN), 2011, by 80 United States dollars (U.S.) per barrel, still can not be done.
Similarly, if the government should raise the price of fuel oil (BBM) are linked to world crude oil price increase it.
This is expressed by Agus said the press after attending a limited cabinet meeting led by President Susilo Bambang Yudhoyono at the Presidential Office, the Palace Complex, Jakarta, Friday (4 / 2). The meeting was attended also limited the economic field by the Coordinating Minister Hatta Rajasa, Minister of Industry, MS Hidayat, and Head of BKPM Gita Wiryawan.
According to Agus, to change the basic assumption of national crude oil prices, the government does not just look at the average price of crude oil, but also of the rupiah against the U.S. dollar and domestic oil production.
“The average price of crude oil is a bit high right now. Therefore, we beware of them. However, we have no plans to change the oil price assumption in the budget. If it’s later already off (reaching the highest price), we will deliver new study to the House of Representatives to be revised, “said Agus