Electricity Bill Going Up Soon?

Just watched the news, which said that our electricity tariff might be going up soon. Oil prices has gone up to about US$68/barrel from its low of US$38/barrel?

OMG, price increase again, just when the weather is getting hotter and hotter day by day. I thought recession will bring price down, but not this one. This current recession is one of the worst I have seen. Prices don't go down, they go up. A meal used to cost me only S$2.50? Then S$3.50? Now it is inching up to S$4.00, sometimes even S$5.00.

I firmly believed that after this current recession, there will be hyperinflation. All commodities will go up in price, as they are getting mroe and more rare. But then I say only lor, no action one. Don't even dare to touch the commodity ETF, so volatile. Weak heart will sure get heart attacks often. :(