| | It is the first time I feel the crisis rising in this country. The petrol price jumped from RM1.92 to RM2.70(41% increase) which consider as a surprise to all Bolehland people as just few days ago our prime minister saids fuel price will be revised on August and encourage people to provide suggestion to avoid foreign car to enjoy our subsidized petrol. In just less than 1 week, they can make up a decision that will affect ALLLLLLLLLLLL of the people in this country. Damn ANGRY!!! I've read former prime minister Dr. Mahathir's blog(www.chedet.com), he used to be the adviser for Petronas, saids that :
'Roughly Malaysia produces 650,000 barrels of crude per day. We consume 400,000 barrels leaving 250,000 barrels to be exported.
Three
years ago the selling price of crude was about USD30 per barrel. Today
it is USD130 – an increase of USD100. There is hardly any increase in
the production cost so that the extra USD100 can be considered as pure
profit.
Our 250,000 barrels of export should earn us 250,000 x 100 x 365 x 3 = RM27,375,000,000 (twenty seven billion Ringgit).
But Petronas made a profit of well over RM70 billion, all of which belong to the Government.'
Does this mean other income(the 400,000 barrels per day x 365) is from us???Then why it is so hard to maintain our price??since we are using our own produced petrol, nothing to do with the international fuel price UNLESS they intend to sell more to international instead of giving our people to consume.Even if they wan to raised the price also give us preparation and with moderate increment.
I don't bother about the last election because I have neutral view on political matters, what I want is just everything remain the same, don't affect my life. These is what happening last time, the government was maintaining the people's lifestyle while making improvement on our country's economy. But now there are so many changes!!!
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| | Posted 6/6/2008 12:07 PM - 41 Views - 0 eProps - 0 comments
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