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Stanley Chiang Tandon Lal (alias Chiang Chi-wai), convenor of a boycott action against oil companies, criticizes the petroleum retail price has not reflected the sharp fall in world oil price. Billy Mak Sui-choi (Associate Professor, Department of Finance and Decision Sciences, Hong Kong Baptist University) says the boycott proves to be effective and so does introduction of competitors, PetroChina Company Limited and Sinopec Corporation, in bringing down prices at the pumps in Hong Kong. A former senior oil company executive explains why there is little room for price reduction. Chiang encourages people to unite to fight for reasonable oil prices.
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