essay

Petroleum is a non-renewable natural resource. Because the process of forming this oil takes millions of
years, that's why petroleum is included in the class of non-renewable natural resources. Therefore, the
continuous use of petroleum can deplete the existing oil supply. While industrialization is rampant, the
need for petroleum as a fuel is increasing. This resulted in the production of crude oil is not directly
proportional to demand growth.

In addition, world crude oil prices are increasing day by day. In early 2022, world crude oil prices
skyrocketed to the level of US$ 115 per barrel. The high price of world crude oil has resulted in a heavier
burden on government subsidies. The fuel subsidy that has been given by the government has resulted
in an increase in the state's financial burden.

The increase in fuel prices is a consequence that must be accepted by all groups with the soaring world
crude oil prices. Given that fuel has a very important role in the national economy, the government has
a role in controlling the distribution and setting of fuel prices. Finally, to reduce the burden of subsidies
in the state budget, the government issued a policy of increasing fuel prices in order to save the state
budget. This policy invites prolonged pros and cons in the community.

Karangan

Minyak bumi merupakan sumber daya alam yang tidak dapat diperbaharui. Karena Proses pembentukan
minyak bumi ini memakan waktu jutaan tahun, karena itulah minyak bumi termasuk dalam golongan
sumber daya alam yang tidak dapat diperbaharui. Oleh karena itu, penggunaan minyak bumi secara
terus menerus dapat menguras persediaan minyak yang ada. Sementara industrialisasi semakin
menggelora, kebutuhan akan minyak bumi sebagai bahan bakar semakin meningkat. Hal ini
mengakibatkan produksi minyak mentah tidak berbanding lurus dengan pertumbuhan permintaan.

Selain itu, harga minyak mentah dunia semakin hari semakin meningkat. Pada awal tahun 2022, harga
minyak mentah dunia meroket ke level US$ 115 per barel. Tingginya harga minyak mentah dunia
mengakibatkan beban subsidi pemerintah semakin berat. Subsidi BBM yang telah diberikan oleh
pemerintah mengakibatkan beban keuangan negara meningkat.

Kenaikan harga BBM adalah konsekuensi yang harus diterima oleh semua kalangan dengan melonjaknya
harga minyak mentah dunia. Mengingat BBM memiliki peran yang sangat penting dalam perekonomian
nasional, maka pemerintah memiliki peran dalam pengendalian distribusi dan penetapan harga BBM.
Terakhir, untuk mengurangi beban subsidi pada APBN, pemerintah mengeluarkan kebijakan kenaikan
harga BBM guna menghemat anggaran negara. Kebijakan ini mengundang pro dan kontra
berkepanjangan di masyarakat.

DISCUSSION

The Development of World Oil Prices and the Problem of Rising Fuel Prices in Indonesia In analyzing the
development of oil prices at a macro level, it is necessary to begin by examining how the fluctuations in
the average price of oil in the world are fluctuating. Because Indonesia is one of the member countries
of the Organization of the Petroleum Exporting Countries (OPEC), and is one of the countries that are
related and have an impact on world oil pricing, it will be relevant if we study further how development
of world oil prices in recent periods.
The following is data on the development of the average world oil price in US$ per barrel, the average
price of main crude oil in January 2022 as follows: - Dated Brent rose by US$13.12 per barrel from
US$74.10 per barrel to US$87.22 per barrel. - WTI (Nymex) rose by US$11.29 per barrel from US$71.69
per barrel to US$82.98 per barrel. in September 2022 based on the calculation of the Formula
Indonesian Crude Price (ICP) it was set at US$86.07 per barrel, down by US$8.10 per barrel from
US$94.17 per barrel in August 2022.

Energy Subsidy (Rp Trillion)

Type 2017 2018 2019 2020 2021 2022

BBM and 47,0 97,1 68,3 47,7 83,7 77,5
LPG
Electricity 45,7 48,1 51,1 48,0 47,8 56,5
Total 92,7 145,1 120,0 95,7 131,5 134,0

the government finally announced that the price of subsidized fuel oil (BBM) of the type of Pertalite and
diesel had increased. This was announced directly by President Joko Widodo. For your information, the
price of Pertalite fuel, which was originally Rp. 7,650 per liter, has increased to Rp. 10,000 per liter.
Meanwhile, the price of diesel fuel, which is currently Rp. 5,150 per liter, has increased to Rp. 6,800 per
liter.

The increase in fuel prices is believed to have an impact on the Indonesian economy. As follows

1. Inflation rate can penetrate 6%

2. The mold interest rate is getting higher

3. Can trigger stagflation

4. Stock market will be depressed 5. Land transportation fares may increase 15%

Therefore, with the statement that this year's fuel price hike is aimed at reducing state debt, this is a
step which is wrong because it is very burdensome for the community, especially at this time after the
pandemic, the community has just reorganized the economy. With the increase in fuel that affects the
increase in all goods, it is automatically burdensome for a solution to reduce state debt, the government
should utilize existing natural resources and human resources. However, this process takes a long time
and the cooperation of all parties to achieve prosperity.

KESIMPULAN

Jika kita melihat keadaan negaraa saat ini, kita sebagai masyarakat dan warga negara harusnya sadar
bagaimana keadaan sumber daya manusia apakah itu baik atau buruk karena hal tersebut sangat
berpengaruh terhadap negara itu sendiri. Dengan masalah bbm seperti sekarang ini, kita tidak boleh
memandang dari satu aspek saja tetapi kita harus memikirkan semua aspek, karena kondisi negara yang
sekarang ditentukan oleh bagaimana kita menyikapi kenaikan harga BBM kali ini. Dan juga banyak solusi-
solusi atau hal diluar sana yang dapat dimanfaatkan untuk mengatasi masalah BBM saat ini, oleh sebab
itu kita harus pandai memanfaatkan hal-hal apa saja yang ada disekitar kita maupun orang lain.

CONCLUSION

If we look at the current state of the country, we as a society and citizens should be aware of how the
state of human resources is good or bad because it greatly affects the country itself. With the current
fuel problem, we must not look at only one aspect, but we must think about all aspects, because the
current state of the country is determined by how we respond to the current fuel price hike. And there
are also many solutions or things out there that can be used to solve the current BBM problem,
therefore we must be good at using whatever things are around us and other people.