Thursday, June 5, 2008

Oil Price hike


Last night was a bad day for all motorists in Malaysia. Petrol priced at Rm2.70, a 78 sen raise.

The interesting fact was:
1. According to Buletin Utama, global price market was rm3.00 per litre.
2. Since our current PM in helm, diesel price are now 4 times more expensive.
3. According to the 'price' minister, this price will revised every month.
4. Petronas Gas subsidy for Power and Indurstrial usage also revised in favour of Petronas.
5. The rebates given seems unconvincing and failed to overcome consumers hatred.

One thing for sure, Malaysia become more interesting day by day.

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