Reduction of a Pathetic 10cents in Petrol
24 September 2008
Breaking News as of 5:05pm for all ye Malaysians…from Malaysiakini…
“The government will reduce petrol and diesel prices by 10 cents each to RM2.45 and 2.40 per litre with effect from tomorrow, according to Domestic Trade and Consumer Affairs Minister Shahrir Samad.
The cut is the second in two months after hiking pump prices by as much as 78 cents in June. The hike had gone down badly with the public, sparking an outcry and even street protests.
Shahrir said the price of RON 97 will be cut by 10 cents to RM2.45 per litre, RON 92 to RM2.30 from RM2.40, while diesel would be reduced to RM2.40 per litre.”
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I was like HUH? 10 cents only? This is seriously pathetic!
For a car that pumps 40 litres each time would only save RM4.00 and this adds up to a saving of a mere RM20 if the car owner pumps 5 times a month.
I thought the crude prices had dropped below USD$100 per barrel lately, isn’t it? Why is our government taking their own sweet time to reduce the petrol prices in Malaysia?
Our dearest PM had previously said if world crude prices stabilised at US$109 per barrel, the government may consider another 15 cents reduction in price. WOW! Is our PM going to be that generous towards the rakyat?
I asked that question repeatedly with qualm. Or perhaps, the 10cents drop was another political move to avoid Anwar from taking over the government.
I am not an economist. Thus, I am not definite how much the petrol price should fair against the world crude prices. But the crude prices had dropped from USD$140 to below USD$100 and I expected our petrol prices to drop as well.
Image Source: Malaysiakini
Having said that, inflation has ensued, causing us to stretch every cent and ringgit. A glass of iced Milo in any coffee shops or mamak has already increased to RM1.80 to RM2.00. I would not see a reduction in food and beverage. Damage has already been done.
Don’t you think it’s too late to reduce the petrol prices (for cost of living to drop) after a RM0.78 hike (per litre) in June?
If only our dearest PM could open his ears widely to listen to the rakyat’s problems in tackling the inflation, maybe he would not reduce the insignificant amount but more.
But again, a reduction in 10cents is pathetic and laughable. Don’t you think so?
- 13 Comments »
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Posted by Grace at 5:54 pm
Categorised as Malaysia Boleh & Poli-Circus!!
September 24th, 2008 at 7:22 pm
muahahaha. 10c is better than nothing.
nonetheless, everything has already risen and it will never come down regardless even if the petrol drops to below the 1.92 mark.
the part that truly irks me is his reply.
1)”saya tidak akan membubarkan parlimen
the next day dibubarkan
2)”kerajaan tidak akan meningkatkan petrol sebelum ogos”
stroke of midnight, major traffic jam.
3)”kami tidak boleh sesuka hati menurunkan harga minyak, kena monitor dulu. nanti satu hari naik satu hari turun. tak boleh…tak boleh…”
pet pet, like talking bout his dick.
September 24th, 2008 at 10:39 pm
Yah yah korek korek korek.
But recently didn’t the price just increase to USD120++ per barrel? It was the highest 1-day increase or something.
10 sen kah…..10 sen pun 10 sen lor. If complen they say ungrateful la, poor ppl oni eat nasi n garam la, yah yah, but the ppl who say that is an ex-teacher n ex-MB who stole ex-sultan’s daughter n millions of rakyat’s money n smuggle it to Austweeyiaaa n didn’t know abt it cuz he dun speak English but able to sue MT based on article written in English that’s claimed to hv insulted agong. While if we complen to further reduce the burden of those who oni eat nasi n garam are considered ungrateful. Yah yah korek korek korek. Bravo, very Msian, very boleh.
September 24th, 2008 at 11:09 pm
pathetic to the highest degree!!
September 24th, 2008 at 11:47 pm
The drop is insignificant… And the cost of living is gonna stay stagnant. Even our forecasted inflation is expected to stay more or less the same for the rest of the year, and till somewhere early next year.
I guess that the only way that the cost of living is gonna go down is if there is like some kinda price control mechanism, but even them, ppl with complain and a large number of them will not even follow…
September 25th, 2008 at 8:11 am
NO..the cost of living expenses won’t drop, once it’s raised due to the previous price hike, it will never ever go down. Crude oil price may have drop, ur PM may have calculated in a way that our Malaysia may not earn ‘THAT MUCH’ so…..in order to save their butts, they don’t want their profits to decrease…so….how can they reduce so much..they must be ’smart’ right? LIKE SEI LOU YEH! ISh….
anyway…better than nothing la..even with that RM20, we cud still savour some good stuffs to comfort our stomach…..
September 25th, 2008 at 8:30 am
kevin : U know, I must censor u to the dick!!!!! Later if ISA catch me, I will sue u!!!! Muahahaha!!!!
tokmoh : korek korek korek…. apa la kita boleh adu lagi… kan kita orang malaysia…mesti dengar cakap perdana menteri malaysia…. LOL!!!!
falcon : degree is too high until ah ma dou em ying tak!!!
s2k_247 : Insignificant, but again… it’s seriously pathetic!!! Feel like strangling the cabinet ppl!!!
Geraldho : Sei Lou Yeh? Muahahahaha….. Sei Ah PAK lah!!!!
September 25th, 2008 at 9:19 am
sha : price control mech? no use. org cina buat bisnes mana kisah lu.
gerald : rm20 go makan CHILLI BAN MEE!!
tokmoh : lets shave our heads bald in support!
grace : censor what censor. its true. he everything also naik.
September 25th, 2008 at 1:19 pm
RM20 to makan chilli ban mee? r u Sure? RM20 to do ur haircut lah!!!!
September 25th, 2008 at 1:43 pm
Kevin: yeah….at least can eat a few more bowls of Ban mee la..:P
September 25th, 2008 at 4:36 pm
Kev: u serious? Everyone here edi sign the petition, right?
September 25th, 2008 at 8:24 pm
grace: u know i sanggup bayar 4 makan
tokmoh: ummm…i’m bit fat so shaving won’t be nice.
petition? since when did any petition in msia actually work?
September 25th, 2008 at 9:22 pm
gerald: Ban Mee oh Ban Mee…Rm5.30 per bowl….RM20 – can eat 4bowls…hehehehe
tokmoh: signed dy….
kevin: true also, u have a point here…. since when petitions work…
September 26th, 2008 at 12:33 am
never-the-less the price of fuel is acttually more expansive than what is sold in the gas pumps in malaysia
here in UK its £1.09 per litre of fuel yes the actual cost of petrol in Malaysia is actually RM5 or more for a litre of petrol, ain’t that naf?