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USJ27Resident
24-09-2008, 06:04 PM
Nah... ambik... pi main jauh-jauh... 10 kupang... :rolleyes:

Buat kacau orang je...

lord
24-09-2008, 06:18 PM
Can anyone tell me how much was the price per barrel when our litre price was at RM1.92. I can't seem to find this piece of info in the places I'm looking at. I hope someone can tell us.

And RM0.10/liter is definitely a joke, once again. After all 'these', we are still taken in as suckers of the highest order by our govt.

irisbaggins
24-09-2008, 06:25 PM
better then nothing loh.....

coleslaw
24-09-2008, 06:27 PM
Nah... ambik... pi main jauh-jauh... 10 kupang... :rolleyes:

Buat kacau orang je...
it's satu kupang or 10 sen...

birdy
24-09-2008, 08:03 PM
A saving of RM3.50 per tank for me .. hooray... :o

concern!!!
24-09-2008, 08:50 PM
a plate of chicken rice also ngam ngam hor nia..

jianwei85
24-09-2008, 09:02 PM
concern,
please tell me where the Chicken Rice shop is!!! i have not seen a sub rm4 chicken rice anywhere in USJ n in KL!

haih....

terisunny
24-09-2008, 10:13 PM
sigh, they just can't get it rite anymore....feels more insulted than happy...

tell me where I oso need RM3.50 chicken rice....definitely not in KLCC area....

USJ27Resident
24-09-2008, 10:19 PM
it's satu kupang or 10 sen...

10 kupang untuk pi main jauh jauh... kongsi sama hang punya kawan kawan... aisehman.... tu pun nak khabaq kat hang ka? :D

Minyak tu bukan saya punya hal... hang pi tanyak si Sapa nama tu... :p

Wan Wan
25-09-2008, 08:05 AM
Bolehland gomen is certainly not a Abraham Lincoln "government of the people, by the people, for the people"
Car also kena tax kaw kaw
Toll also naik kaw kaw
Petrol naik 70 sen
tetapi bila turun,
turun se kupang!!!!

I feel like vomit but I do not think it is allow here.

Bila lektrik turun? :mad:

chewie
25-09-2008, 08:28 AM
dun forget, petrol dealer complain if the price goes down my 30cents, they will loose rm15k per night.. but they had forgoten on the amount of money they had had made over the past years when the petrol price suddenly went up especially the recent 70 cents hike ....

Vixey
25-09-2008, 08:51 AM
10 sens down for petrol. Is the price of goods that rose with the price of petrol going to go down????? :cool:

firefox
25-09-2008, 09:15 AM
You guys are never grateful for the government for this wonderful festive gesture, you wont get anymore reductions if you are not thankful, you know!.we have a very caring government that loves its ppl sooooooo much.

lord
25-09-2008, 11:21 AM
Chicken rice prices are going to fluctuate on a monthly basis too!! Man, that'll be something new!!! :confused:

gary yap
25-09-2008, 11:49 AM
The reduction will go on till they increase again early next year in view of a coming recession. Then they'll say it's still cheaper than RM2.70.

compounding
25-09-2008, 11:53 AM
better then nothing loh.....
ok lah, save another rm40 this month... hope.. world oil drop more... ;)

QuietStorm
25-09-2008, 12:01 PM
ok lah, save another rm40 this month...Not true, if you eat out often. Your 40 bucks will go straight into the pockets of hawker food stall owners!

gary yap
25-09-2008, 12:06 PM
For my car I save a further RM4.50 considering I fill up when there's a quarter tank left. Every 5 days I pump once so per month is RM18. What can I do with RM18? Happy Hr also not enough :( . At least subsidies Happy Hr price :D looking on the bright side.

AllUrban
25-09-2008, 01:31 PM
At least subsidies Happy Hr price :D looking on the bright side.why not hope for a further increase on October 1.

Selamat Hari Raya...10 sen discount...another project by the **...pleeeeeeeeeeeeaaaaasssse dont leave us because of the new.price.position not being much better than the old.price.position :D

Oh no, that's politics isn't it? Better strike it out

Cheers, m

bslee
25-09-2008, 01:46 PM
I had expected at least 30sen down.

USJ27Resident
25-09-2008, 05:28 PM
What is most annoying, is the Petrol Dealers Association whining about their losses - that their members bought their stocks at old price... 2.55 per liter and now sell at 2.45 per liter... 10 sen loss... imagine a 50,000 liter tank...

Hello .... when it hiked up to 2.72sen... what the hell did your members do with the windfall... of 78sen ??? :mad: eh.... x 50,000 liters?

Untung...buat buat bodoh... rugi... bising... hoi - ingat kita semua bodoh ka?... Bak kata orang, tak reti buat bisnes... baik gulung tikar aje... :rolleyes:

AllUrban
25-09-2008, 05:51 PM
What is most annoying, is the Petrol Dealers Association whining about their losses - that their members bought their stocks at old price... 2.55 per liter and now sell at 2.45 per liter... 10 sen loss... imagine a 50,000 liter tank...

Hello .... when it hiked up to 2.72sen... what the hell did your members do with the windfall... of 78sen ??? :mad: eh.... x 50,000 liters?

Untung...buat buat bodoh... rugi... bising... hoi - ingat kita semua bodoh ka?... Bak kata orang, tak reti buat bisnes... baik gulung tikar aje... :rolleyes:Don't get mad...get even.

Producers can profit at our expense - we can profit at their expense.

The first thing to do: never buy anything at a petrol station other than petrol. Buy small amounts of petrol (1/2 tank) and only pay by credit card :)

Cheers, m

bslee
25-09-2008, 05:55 PM
Untung...buat buat bodoh... rugi... bising... hoi - ingat kita semua bodoh ka?... Bak kata orang, tak reti buat bisnes... baik gulung tikar aje... :rolleyes:

EXACTLY!.. They MUST realize (not learn! they've learnt enough!) to win some and lose some!. jangan peduli sama dia!.
TAK SUKA!... boleh gulung tikar!

AaronOng
25-09-2008, 05:58 PM
Sekupang aje.... nothing to shout about. If 30-40 sen lain cerita ler....

gary yap
25-09-2008, 06:20 PM
They'll increase again next Jan la. This 10 cents down to RM2.45 is to allow some 'growing' space. If they increase another 15 cents then it's RM2.60. Still cheaper ma :eek:

bslee
25-09-2008, 08:32 PM
To me, its all just to appease you, I and 25 million other rakyat!. Price inflation of other essentials which are really nerve wrecking!.. Look at the price of your RICE!??..what shortage?, what increase in costs??.. All HUMBUG and LIES!.. thats BN gahmen for you all!..and they're doing NOTHING to control the issue!. RM17 per bag of rice to RM27... Thats the cheapest rice so I see!.

lord
25-09-2008, 10:53 PM
Untung...buat buat bodoh... rugi... bising... hoi - ingat kita semua bodoh ka?... Bak kata orang, tak reti buat bisnes... baik gulung tikar aje... :rolleyes:

Wah.. all in malay only ahh..?

bslee
25-09-2008, 11:54 PM
Wah.. all in malay only ahh..?

Its well said and straight to the point!.. :)

USJ27Resident
26-09-2008, 12:36 AM
Wah.. all in malay only ahh..?

Wei... don't even go there... posted in malay because I am a malaysian and bahasa melayu is the bahasa nasional ..... faham... :)

This thread is suppose to be about us grumbling, about being fuel prices not dropping fast enough... not about anything else... thank you

On the same note... has anyone seen those KPHEDN billboards about petrol prices (actual and subsidy amounts...) I think suddenly all disappeared...

Irks the hell out of me to see, you really look at the crude price vis the current pump prices... the crude prices NOW, are LOWER as compared to when cost crude vis fuel was at 1.97 :mad:

AllUrban
26-09-2008, 11:19 AM
To me, its all just to appease you, I and 25 million other rakyat!. Price inflation of other essentials which are really nerve wrecking!.. Look at the price of your RICE!??..what shortage?, what increase in costs??.. All HUMBUG and LIES!.. thats BN gahmen for you all!..and they're doing NOTHING to control the issue!. RM17 per bag of rice to RM27... Thats the cheapest rice so I see!.The problem with the rice prices is the middleman, Bernas, which is linked to the family of former Perlis MB Shahidan Kassim.

Do I have to say more? Get rid of the middleman and let the farmer go directly to the wholesaler...lower costs for all.

Back to petrol

On the same note... has anyone seen those KPHEDN billboards about petrol prices (actual and subsidy amounts...) I think suddenly all disappeared...

Irks the hell out of me to see, you really look at the crude price vis the current pump prices... the crude prices NOW, are LOWER as compared to when cost crude vis fuel was at 1.97 :mad:those boards were pointless and so was the old subsidy scheme. The subsidy amount was never fixed but the pump price was fixed at some nominal amount.

Even if the "real market price" of petrol was RM2.93/L at one point (when they fixed the 1.92/L nominal pump price)...it wouldnt stay there for very long...and the RM1.01/L of subsidy would have changed as well.

The government has converted to a fixed subsidy of 30 sen per litre with a max ceiling of 2.70/L and a monthly ceiling as well.

Is it a step forward? More like a step sideways...still got a fixed price, with price ceiling, but at least the subsidy amount is fixed.

What they should really do is get rid of the fixed price and ceiling and just stick to the fixed subsidy of 30 sen per litre.

Then, let the consumers adjust their behaviour according to the fluctuating market price of petrol.

Cheers, m

jimmyay
26-09-2008, 06:20 PM
I am sorry but i just want to remind everyone here that our govt had given out RM625 also to ease the burden....

We as rakyat suffer as other businesses are profiteering from the increase.

USJ27Resident
26-09-2008, 08:58 PM
I am sorry but i just want to remind everyone here that our govt had given out RM625 also to ease the burden....



625.00 is peanuts to them-la. probably paid from the "excess" profits from Petronas...

huh! ... and they take back through other backdoor taxes... in fact, in the 2009 budget - they left out the "most tax-paying" middle class.... in terms of perks and benefits :rolleyes:

Just out of bloody curiosity... do this ministers, MPs and ADUNs pay for their own fuel or get to "tanked up" by their drivers with FleetCards or accounts.... or they "claim" for mileage... which can add up to an even bigger amount!! :rolleyes:

USJ27Resident
30-09-2008, 02:20 PM
Hahaa... I knew it .... this was coming...

FUEL shortages at petrol stations...

Selamat Menyambut Hari Raya - daripada Persatuan Pengusaha Stesen Minyak... :rolleyes:

Sentinel
30-09-2008, 05:16 PM
Oil price today dropped to USD96... lets see what Flip Flop PM has to say to this....

bslee
30-09-2008, 05:46 PM
Oil price today dropped to USD96... lets see what Flip Flop PM has to say to this....

It doesn't look stable. Was around 105 mark during the past week.
You think he'd say anything...expect none!..especially not now. Semua Raya lah! Damn those petrol operators again!.. Semua nak untung saja!.. Greedy Bugs!.

USJ27Resident
30-09-2008, 05:56 PM
Damn those petrol operators again!.. Semua nak untung saja!.. Greedy Bugs!.

I am very surprised that the shortages are actually coming from the Shell stations... instead of our usual Green Colored suspect!

Wan Wan
30-09-2008, 06:15 PM
I am very surprised that the shortages are actually coming from the Shell stations... instead of our usual Green Colored suspect!
Anyway look like no fish also,
"fishermen in Hutan Melintang near here are complaining that they have been “stranded” on shore for over a week after their subsidised diesel supply ran out."from TheStar http://thestar.com.my/news/story.asp?file=/2008/9/30/nation/20080930165206&sec=nation

USJ27Resident
30-09-2008, 06:33 PM
If the Govt is NOT getting the BIG PICTURE... hello! the freaking PERSATUAN PENGUSAHA STESEN MINYAK Semenanjung is trying to Blackmail the Badawi Administration into paying them some sort of compensation... before things are normalised..

How stupid can some people get - NOT TO SEE this coming... :rolleyes:

To openly defy the Govt, is like committing harakiri... so, just act dumb and helpless and see the Govt come running like saviors... in that way, even the Govt would look good to the BN/UMNO cause :rolleyes:

AllUrban
02-10-2008, 05:23 PM
no V-Power at the Shell Petrol stations...

But I want to know, why am I paying RM2.45 for the Super????? is Super the RON97? I hardly think so.

I cannot wait until we get real competition into the petrol dealers market. Petronas will still win big because they are doing all the refining.

Petrol is not really that profitable for a petrol dealer...their margins are razor thin---but they can get away with so much!

Cheers, m

silver_bird
02-10-2008, 06:43 PM
Oil price today dropped to USD96... lets see what Flip Flop PM has to say to this....

Minister of Domestic Trade & Consumer Affairs Minister Shahrir Abdul Samad :
“If the world crude oil price continues to drop and averages at below US$104 per barrel for October there is a chance we can reduce further the pump prices for November"

http://thestar.com.my/news/story.asp?file=/2008/10/2/nation/20081002151022&sec=nation

Let's wait and see ......

USJ27Resident
02-10-2008, 07:43 PM
Minister of Domestic Trade & Consumer Affairs Minister Shahrir Abdul Samad :
“If the world crude oil price continues to drop and averages at below US$104 per barrel for October there is a chance we can reduce further the pump prices for November"

Let's wait and see ......

http://biz.thestar.com.my/news/stor...26&sec=business

Crude oil now less than USD 100 per barrel... compared to the highs of USD 150 ... thats a 30%+ drop... how come petrol prices never come down by 30% instead drop by a measly 25sen...

It should have drop by 30% to 1.92 from 2.75 ... NOW! and not in November... :rolleyes:

Suntory
02-10-2008, 11:25 PM
**** the blood sucking bee end gov, we will vote them out come 2012, the only ay out of injustice..... :mad: :mad: :mad:

kwchang
03-10-2008, 02:23 PM
Suntory banana-ed for expletive and making political statements :mad:

Sentinel
03-10-2008, 05:37 PM
Crude oil price today USD93.00 per barrel. Lets see if there is another 15 sen drop in pump price before Deepavali!

Why wait till 1st November, do it before Deepavali to show sincerity for all lah...

HTCHONG
03-10-2008, 09:02 PM
Sorry my dear friends…allow me to add some oil to the fire. :D

For your reference, SPC (Singapore Petroleum Company) just offers additional 4% discount on top of existing Station Discount: 6% to 8 % (i.e., minimum Station Discount is 6% and if you pump more than $200/month then the station discount is 7% and so on). So, the total Station Discount ranges from 10% to 12%.

On top of the Station Discount, there is another 4% discount if you are using POSB Everyday Credit card to pay. That comes to about maximum of 16% discount on the pump price.

But …our electricity tariff just went up 21% starting 1 Oct… :( :(

USJ27Resident
06-10-2008, 09:13 PM
Oil falls below US$92 as financial turmoil spreads....Read more (http://biz.thestar.com.my/news/story.asp?file=/2008/10/6/business/20081006114938&sec=business)

And we have to wait another 25 days before the ministry decides on whether to bring down the price of fuel...or not!! :rolleyes:

This is what happens when fuel prices [and probably every darn thing] is soooooo insulated from market forces and real market values...

One things' for sure... the petrol dealers are sh!tt!ng bricks everytime they fill up their underground tanks.... PADAN MUKA!! :rolleyes:

bslee
06-10-2008, 09:52 PM
This is likely the 1st time in donkey years they've been loosing due to market forces. Like you say lah.. Bila untung...buat bodoh saja..padan muka. I'm sure there's hundreds of other parties willing to run a petrol station if given the opportunity..so cannot do..jump ship lah..why grumble and cry?..

Weezy
06-10-2008, 10:01 PM
I am very surprised that the shortages are actually coming from the Shell stations... instead of our usual Green Colored suspect!

dun be surprised. in actual fact, expect no shortages.... due to the price changes... as supply is controlled by petronas dagangan not the green petrol station operators. :p this time its actually come to rescue their reputation... but losses are all theirs.

funny how they all cry out wanting govt compensation... but never made noise when the prices all went up suddenly overnight. some even shutting their pumps untill the new price was up. this is the type of entrepreneurials dat our country dun want, the tongkat type. they must learn to manage their risks properly.

USJ27Resident
06-10-2008, 11:08 PM
. I'm sure there's hundreds of other parties willing to run a petrol station if given the opportunity..so cannot do..jump ship lah..why grumble and cry?..

hmmm.... what parties?? you mean "all Malaysians" ... instead of a select quarter... I (too) would like to run a petrol station - but unfortunately through the eyes of Pertonas (and the rest of the kuncu-kuncu Govt department) I am NOT [and will never be] QUALIFIED!! :rolleyes:

btw... :confused: how to "jump ship"-la... especially with the recent "Somalian pirates" fiasco... the very word "jump ship" would make these oil men... well... sh!t crude oil... !! :p

Anyway - if the fuel price is still ABOVE the RM2.00 mark at the end of the month... then I guess that Minister Shahrir [the one of the few that had some sense of principle] has finally turned to the Dark side of the Force... :rolleyes:

tsd
07-10-2008, 12:27 AM
it has gone below USD90 now.

Wan Wan
07-10-2008, 07:04 AM
it has gone below USD90 now.Is it?
Wait I am still sleepy.

tsd
07-10-2008, 07:41 AM
Is it?
Wait I am still sleepy.

I am wating for news on TV or newspaper... strangely nobody are interested to write about it.

HTCHONG
07-10-2008, 08:54 AM
I am wating for news on TV or newspaper... strangely nobody are interested to write about it.

I heard over the radio this morning, it is at USD88. ;)

bslee
07-10-2008, 11:56 AM
I heard over the radio this morning, it is at USD88. ;)

Duh!... don't jump for joy so soon lah. My gut feeling tells me it'll hover around US$100 plus minus 10 and our gahmen will use the subsidy issue to screw us all time and again.
Think again, should we be full of gratitude and it'll appease all Malaysians after the recent 10 sen reduction?. Its for certain the reduction could have been much much more...but????

tsd
07-10-2008, 03:45 PM
Duh!... don't jump for joy so soon lah. My gut feeling tells me it'll hover around US$100 plus minus 10 and our gahmen will use the subsidy issue to screw us all time and again.
Think again, should we be full of gratitude and it'll appease all Malaysians after the recent 10 sen reduction?. Its for certain the reduction could have been much much more...but????

when prices of international oil was at about USD130-USD140, our gov told us that by increasing petrol price to RM2.70, gov only need to "subsidy" 30sen... now the international price is below USD90... even if it hovers around USD100, even without any "subsidy' surely it should be cheaper than what we are paying now.

HTCHONG
07-10-2008, 08:58 PM
Buddies...Singapore pump prices for petrol and diesel drop 5 cents this afternoon.....

"OIL companies on Tuesday cut pump prices for the eighth time since July.

Petrol and diesel prices were reduced by five cents a litre across the board.

With the reduction, a litre of 92, 95 and 98-octane petrol is $1.863, $1.896 and $1.97 respectively before discount."

http://motoring.asiaone.com/Motoring/News/Story/A1Story20081007-92251.html

gtl
07-10-2008, 09:18 PM
htchong, you r right, was shock when i saw shell listed s$1.801 per litre for ron 95 after discount.

USJ27Resident
09-10-2008, 02:47 AM
htchong, you r right, was shock when i saw shell listed s$1.801 per litre for ron 95 after discount.

there goes the coca-cola economics again...

1 for 1, fuel in singapore IS now officially cheaper than Malaysia... not forgetting their GNP capita is like 4/5 time higher than Bolehland...

AFAIK ~ with the current crude prices, our fuel prices should have come down, being lesser that it was (1.97) prior to the 78sen hike... Govt to busy wiping each others' arse and busy fighting for their post and rankings within their parties to bother about the little men in the streets... :mad:

Btw - who wanna bet... that petrol stations are gonna run dry (AGAIN) in the Klang valley at the end of the month, especially if the current crude prices stays below USD90 or lower!!! No prizes on what the Govt would say or do then...... ?

jianwei85
09-10-2008, 09:55 AM
there will be an oil war soon. all those yellow, green, blue, dan lain lain Oil COs will go through the 1980's price war. ekonomi buruk ma.. *rumour mongering mode* !!!

hopefully they cut each other to rm1.50/liter... :D

USJ27Resident
10-10-2008, 01:54 AM
now the international price is below USD90... even if it hovers around USD100, even without any "subsidy' surely it should be cheaper than what we are paying now.

It IS below USD90 - why cant the people in charge, bring down the prices of fuel NOW? ... :mad:
Why must wait till end of the month to adjust prices... downwards ? .. :rolleyes:

silver_bird
10-10-2008, 07:25 PM
Domestic Trade and Consumer Affairs Minister Shahrir Abdul Samad : "Petrol At RM1.92 Per Litre If World Crude Oil Price Dips To US$72 A Barrel"

http://www.bernama.com/bernama/v3/news_lite.php?id=363707

Near to impossible challeges !!!

USJ27Resident
10-10-2008, 07:56 PM
Domestic Trade and Consumer Affairs Minister Shahrir Abdul Samad : "Petrol At RM1.92 Per Litre If World Crude Oil Price Dips To US$72 A Barrel"

Near to impossible challeges !!!

Huh? I thought the freaking fuel price was 1.97 when crude was around USD100... Penipu punya Gahmen! :mad:

Now its below USD90... and still at 2.45... so what happen to the 30sen subsidy? Or are they collecting the current "hidden" windfall from the rakyat to FUND their darn party elections ???

Anyway... why can't the Govt reduce the price now vis the current crude prices of USD82. Let see if the YB backpedals on his words... USD10 is only blink away... :rolleyes:

tsd
10-10-2008, 08:01 PM
must complain to ministry of trade about this :D we have been cheated.

GunnerNasri
11-10-2008, 12:10 AM
yes, we must voice out our concerns... we must be stern in view and implementation to ensure the government doesnt sleep and continue scamming the rakyat. by now, our petrol prices should be much lower... for all the traders that have raised retail and service prices during the uptrend inflation, do you think with the lower petrol prices, they will inturn deflate the pricing? this is one of the reasons of poor control and governance.

tsd
11-10-2008, 01:21 AM
wow... oil price is now below USD80, I want to pump full tank before it goes up :D

RGRaj
11-10-2008, 08:15 PM
Current world oil price: U$75.21/barrel

New York pump price: U$3.35/gallon

Malaysian equivalent: RM3.50/liter

Our pump prices are still cheaper la...

:)

Blue Jasmine
13-10-2008, 10:51 AM
It IS below USD90 - why cant the people in charge, bring down the prices of fuel NOW? ... :mad:
Why must wait till end of the month to adjust prices... downwards ? .. :rolleyes:


wait wait wait...thats what they say when the price down. When want to increase the price they do it ASAP and straight up to RM0.70. When want to reduce...they do it slow slow...Like in slow motion movie and not only that ..is little by little....shy shy like that la...RM0.15 cents..then after wait wait...RM0.10 cents....Wah very pandai la they all.....

Sugarfree
13-10-2008, 11:26 AM
Anyway... why can't the Govt reduce the price now vis the current crude prices of USD82. :rolleyes:they are hoping if they wait long enough, the current crude prices will go up again, so no need to
decrease lor. how clever. but we ain't stupid, too. see la, in the next election. :D

Firefly
13-10-2008, 11:51 AM
Industrial Diesel is at RM2.22/ lit.

silver_bird
13-10-2008, 11:54 AM
Airlines cut fuel surcharges
http://biz.thestar.com.my/news/story.asp?file=/2008/10/13/business/2249344&sec=business

AllUrban
14-10-2008, 06:07 PM
Everyone

The government is cutting petrol and diesel prices (http://thestar.com.my/news/story.asp?file=/2008/10/14/nation/20081014175211&sec=nation) starting tomorrow.

The price of RON 97 petrol will drop 15 sen per litre to RM2.30
The price of RON 92 petrol will drop 10 sen per litre to RM2.20
The price of diesel will drop 20 sen to RM2.20 per litre

Cheers, m

gary yap
14-10-2008, 06:13 PM
Do you think our daily necessities will reduce price? Damage is done and the oil reduction is only a consolation. :(

QuietStorm
14-10-2008, 06:21 PM
Everyone,

Hawkers are not lowering prices! :p

Gary, you're right. The damage is done. Even if petrol were offered free, prices of daily necessities would remain. :mad:

USJ27Resident
17-10-2008, 03:35 PM
Domestic Trade and Consumer Affairs Minister Shahrir Abdul Samad : "Petrol At RM1.92 Per Litre If World Crude Oil Price Dips To US$72 A Barrel"

http://www.bernama.com/bernama/v3/news_lite.php?id=363707

Near to impossible challeges !!!

wei... it already USD69 !! where's the cut... unless it is a vulgar number that you'd ignoring!!!

bslee
17-10-2008, 04:33 PM
Complaining is all futile lah!. I can tell you if it hits like USD20/barrel tomorrow, they'd not do anything immediately, citing other reasons instead.
They all capable of doing anything they see fit, not you, not I, not another 25million rakyat can do anything solid. You all gave the mandate for 51 years already.

compounding
18-10-2008, 11:39 PM
Do you think our daily necessities will reduce price? Damage is done and the oil reduction is only a consolation. :(

every drop is all good news for me... my company diesel expenses jumped from about 3.8k to 5k that day...cutting our little profit that was left..

getting back RM200 or rm300 is a big percentage of our profits... :o

bzxiao
23-10-2008, 09:24 PM
Today our Southern neighbour country has another petrol price cut. Third time in 3 weeks. Pump prices fall again (http://motoring.asiaone.com/Motoring/News/Story/A1Story20081023-95807.html) And, we are still hoping....

HTCHONG
23-10-2008, 10:17 PM
Today our Southern neighbour country has another petrol price cut. Third time in 3 weeks. Pump prices fall again (http://motoring.asiaone.com/Motoring/News/Story/A1Story20081023-95807.html) And, we are still hoping....

Last week, many drivers in Singapore were fuming that pump prices do not fall as much as they had gone up despite crude oil price tumbled.

http://www.asiaone.com/Motoring/Drivers/Story/A1Story20081016-94252.html

USJ27Resident
24-10-2008, 10:08 AM
Liar!Liar! Mr Jim Carrey... or issit YB Shahrir... :rolleyes:

Still waiiiiiiiiting! for that 1.92 that you 'blurted' out...

QuietStorm
24-10-2008, 10:54 AM
Still waiiiiiiiiting! for that 1.92 that you 'blurted' out...I'm waiting, too. Actually, the nation is.

compounding
24-10-2008, 10:58 AM
Monday will b Deepavali... who knows today will get some Deepavali raya present?... :D

AllUrban
24-10-2008, 11:06 AM
Last week, many drivers in Singapore were fuming that pump prices do not fall as much as they had gone up despite crude oil price tumbled.

http://www.asiaone.com/Motoring/Drivers/Story/A1Story20081016-94252.htmleveryone grumbles...

you want pump prices to go down...drive less.

two things will happen

1) reduce demand which will reduce prices

for example: Declining prices spell gloom (http://thestar.com.my/news/story.asp?file=/2008/10/24/nation/2360676&sec=nation) :eek: :D

2) you stop caring about the price :D

or you can just stop caring in general :p but that would be sad

Cheers, m

USJ27Resident
25-10-2008, 12:59 AM
everyone grumbles...

for example: Declining prices spell gloom (http://thestar.com.my/news/story.asp?file=/2008/10/24/nation/2360676&sec=nation) :eek: :D

Yup... even the Govt grumbles...

When those fat POLITICIANS decided to raise prices - they never blinked an eyelid to realise the amount of suffering and hardship that would follow...

The blardy (esp. the smart ones!!) petrol station fellas limited their pumps to two/three lanes... so that they could make mucho profits when the fuel prices went to 2.78 at midnight... HOW MANY TANKERS were refilling those petrol stations the next day... ALMOST NONE! Why because the dealers themselves have admitted those tanks can HOLD up to seven days worth of petrol!!! :rolleyes: NOW they are screaming "BLOODY HELL" & "COMPENSATIONS" everytime the Govt reduces the price of fuel... and threaten to cause shortages if their claims are not met... :rolleyes:

Come to think of it... If the Govt doesn't reduce the prices of fuel in tandem with the crude prices drop... then the Govt is guilty of colluding with the petrol station dealers to scalp consumers... NO? Then what is the use of Govt price controls... it would be a mockery to force some sectors to comply and then get blackmailled into submission by another sector.. Even our Singaporean counterparts have reduced their fuel prices 8 TIMES !!

Well, they say - its a double edge sword... when the crude prices was up - PETRONAS made billions and the Govt oso made billions in taxes... yet the Govt oso screwed all of us by approving the price increase in fuel... Now that the price of crude is falling... :p go do yourselves...

Now wanna sulk about falling oil prices and loss of revenue... :rolleyes: Please-la... no need anymore POST MORTEMS on BN track performances ... post mortems are for the dead... and BN is dead, as far as I am concerned... I just hope that the rest of malaysia would realise this and bury them in the next election!! As they say, 13 is a bloody unlucky number... and the next election is the 13th GE.

kwchang
25-10-2008, 02:18 AM
Please try to keep politics out of the Forum OK? Thanks

silver_bird
25-10-2008, 05:36 PM
Domestic Trade Minister Shahrir said the coming fuel price reduction won't be more than 15 sen per litre (ie: Rm 2.15 / litre).
Reason? We don't want station operators to suffer.

http://thestar.com.my/news/story.asp?file=/2008/10/25/nation/20081025155724&sec=nation

But it's ok to increase 40% to RM 2.70 per litre in June and let the Rakyat suffer.
Hello Shahrir, we want back old rate of RM 1.92 per litre immediately !!!

USJ27Resident
26-10-2008, 01:04 AM
Please try to keep politics out of the Forum OK? Thanks

Will do sir... but we're not talking about party politics but rather.... a Minister DID say that IF the crude prices were to go below USD72 - the Govt would reduce the price to 1.92 per liter.... what we wanna know is where is that promise ??


Domestic Trade Minister Shahrir said the coming fuel price reduction won't be more than 15 sen per litre (ie: Rm 2.15 / litre).
Reason? We don't want station operators to suffer.

Hello Shahrir, we want back old rate of RM1.92 per litre immediately !!! [/I]
What a load of bull... Why is it Ministers have this knack of saying the stupidest things... When he wasn't a Minister, at least he was 'credible'...when he was chairing the BNBBC.

How to get RM1.92 when the petrol operators are threatening the Govt with 'shortages' :rolleyes:

Eh? station operators??? Mostly belonging to... :rolleyes: [political cronies and their cahoots!]

compounding
26-10-2008, 01:53 AM
to be a petrol station operator we dun need to have political connection.. I know 2 petronas operator MRR & ampang flamingo (cause ive got some deal with them) and a friend of mine is operating a shell in Shah Alam. ... they have no direct political connection (cronies, families)...

Recently Shell introduce the DODO(dealer own dealer operate) system ... as long as u have the capital & willing to operate it ur self...u'll have good chances to get a station.

USJ27Resident
26-10-2008, 01:59 AM
to be a petrol station operator we dun need to have political connection...

The ones that BISING are probably the ones that are connected la... :rolleyes:

compounding
26-10-2008, 02:00 AM
The ones that BISING are probably the ones that are connected la... :rolleyes:
the one that bising is the persatuan president and top ajks..they need to show that they r capable... heroes.. :D

and it is their job to ask for more and make noise.. if not next year..cannot get elected again.. :)

USJ27Resident
26-10-2008, 02:06 AM
What about the MILLIONS the operators made when the fuel prices were allowed to increase...

tarak bising pun... senyap senyap made off with tons of money.... :rolleyes:

Go ask your orang minyak frens... if they knew that the fuel prices were coming "then"... and how many of them had stocked their fuel storage to maximum EVERY (or, OTHER) day!!

compounding
26-10-2008, 03:12 AM
My brother in law is a shell station manager (not owner).. he did tell us when the price is going up but it was on the same day because he knew it the same day too.

so i guess only a few lucky operator can get their tank full on that day by quick ordering of by default.. since even Shell has limited tankers.

about keeping silent, its normal for people to keep quite if its profiting them and make noise when they are losing... human nature :D

but please dun mistake my post as being against the RM1.92 petrol price. That , we all do like. :D

compounding
27-10-2008, 03:31 PM
Talked to a petrol operator friend yesterday.

He said order must be made a day before..same day cannot.

regarding the extraordinary profit that many plp claimed they had.

He explained they did not get much extraordinary profits when the fuel jumped from 1.92 to 2.70 that day because 90% of their petrol finished the night of the announcement. Some station even finished their petrol.

so they did not get the chance to buy at 1.92 n sell at 2.7..what happened was Mostly bought their petrol at 1.92 and sell it at 1.92 as usuall.

The present commotion is that the Petrol operator will lose every time there is a price dropped because they will have to sell the old stock that they bought at eg RM2.70 & sell it at RM2.40..thats a loss of 30cents per litre..if x about 70000 litres.. thats about 21k... he lost 22k when petrol dropped from 2.7 to 2.4

thats why the govt now for this round announced it very early.. so that operator can manage their fuel ordering.

about their request on govt compensation for the loss they suffer every time theres a price drop...after calculation I personally think the govt if tak layan is still ok... bcause petrol owner will win at the percentage of gross profit that they gain per litre. ALthough not much, but can offset the loss within 3 months or something.

I'll leave it to the Govt to sort this out...

patrick
27-10-2008, 03:41 PM
But I hear that the dealers these days enjoy very good margin compared to say 20 or 30 years ago. Is that correct?

USJ27Resident
27-10-2008, 10:26 PM
But I hear that the dealers these days enjoy very good margin........

yeah.. especially after the last ruckus the dealers made regarding the percentage that the credit card companies were taking FROM them... :rolleyes:

compounding
28-10-2008, 12:21 AM
Yes, they enjoy better margin than before :)

bslee
28-10-2008, 12:49 AM
But I hear that the dealers these days enjoy very good margin compared to say 20 or 30 years ago. Is that correct?

Not forgetting they also earn from the shop (provisions, tidbits, drinks, snacks, bread, newspapers, etc) and autocare services. 30 years ago mana ada shop, other than lubricants, autocare, repair services.
BTW, how many stations are there nationwide ah?.. so by protecting their loss of revenue, is that number more important than 20 million rakyat who have to buy fuel?.

AllUrban
28-10-2008, 02:44 PM
Not forgetting they also earn from the shop (provisions, tidbits, drinks, snacks, bread, newspapers, etc) and autocare services. 30 years ago mana ada shop, other than lubricants, autocare, repair services.
BTW, how many stations are there nationwide ah?.. so by protecting their loss of revenue, is that number more important than 20 million rakyat who have to buy fuel?.as far as I know, petrol dealers actually sell petrol as a loss leader (as in, it gives them the lowest profits) in order to get people to come in and buy all of the other products (goods & services) - which are far more profitable.

Cheers, m

totoro
28-10-2008, 02:57 PM
I still don't understand... why not announce a petrol pump price reduction 3, 7 or even 14 days earlier... that petrol prices will drop to... say RM1.68 in line with global crude oil pricing... so that it won't hurt the dealers, and it will also benefit the people?

Maybe I just don't understand the government's explanation well enough. Can someone help explain to this layman?

firefox
28-10-2008, 03:43 PM
Petronas is losing heafty profits due to lower cost of crude oil.

USJ27Resident
28-10-2008, 07:57 PM
Petronas is losing heafty profits due to lower cost of crude oil.

Who cares... except the BN Govt...Padan MUKA !! thats payback for bleeding the rakyat... !! :rolleyes:

Them flers made tons when the prices were high... lets see how now...

gtl
28-10-2008, 08:37 PM
great opportunity to stop subsidy and go at market rate, this will ease our economy towards "real" economy..........stop all subsidy and stop all the dreaming.

oh! stop all corruption!!

praetor
28-10-2008, 09:52 PM
Greetings.

Actually, if i were you USJResident, i'd be really worried if Petronas is making money or not. The reason is simple, they pay a substantial amount of royalty and corporate taxes to fill the government coffers. Whether or not the money is utilized in an accountable fashion is not for me to answer at this juncture. If they pay less royalty and taxes, it would mean there is less public expenditure for the construction and the maintenance of public infrastructure.

In addition, there would be less money for youths such as the Rakan Muda programme and possibly even less subsidy for foods(though i wonder how that happens). What can possibly happen is the delinquents that is supposed to be brought off the streets is now back on the streets. Coupled with the Mat Rempit menace that we are facing, i'd say this is double jeopardy.

Food increasing price? Some of us make hardly enough to make ends meet, i can't imagine what would happen if that happens. A packet of mixed rice is a minimum of RM 4 and to increase anymore is going to push us closer to the edge. I can only pray it do not ever happen.

Yes, Petronas's profits do affect us very much and all of us should give a care about it. You really think your taxes are the most important? I think it is but Petronas as a single entity just cast its huge shadow over us.

Peace be with you.

USJ27Resident
28-10-2008, 11:23 PM
Greetings.

You really think your taxes are the most important?

Like hell... :rolleyes: I've paid my taxes for the last 20-25 years of my working life... and some pain in the **** labelled me and my brethen as pendatang! and had refused to apologise... [when even my grandfather was born here in then called Malaya!!]

AFAIAC... Petronas could have, and should have subsidised our petrol prices... with the vulgar amounts of profits that they've made and NOT spent their profits on HUGE adverts and sports thingies like F1s and whatnots... and to bail out the Govt on their grandiose events and projects...

You and I know for a fact - Advertisements are also another bloody way to pay/receive kickbacks, with over-inflated ad prices... I had know a guy who had worked as an AE for one company, and the agencies used to PAY him so that his employers' company advertises in their company... guess how much he made after a few short years... :rolleyes:

Also - as far as I am concerned - that Shahrir guy blabbed and was quoted in the BERNAMA news that if crude prices fell below USD72 - we'd be paying 1.92 for our petrol... Our discussion here is about fuel prices, NOT Petronas profits! Now he's backpedalling and telling us that petrol stn operators are gonna lose millions if fuel prices are cut... WHAT A LOAD OF BULL !! :mad: Meaning, 5-10 thousand(?) petrol operators are more IMPORTANT that 25 million Malaysians ??? I just don't get it... how stupid some people become when they go from MP to Minister... sheeeesh!

praetor
29-10-2008, 01:44 AM
Greetings.

Yea.. I'm also a pendatang to that guy. I was excited when i actually fell into that category of taxable income(stupid as it sounds) because i thought i was contributing to the country's well being. As much as i'm young and idealistic inclined for the country, we are not immigrants. We are citizens who will be here, our children will be here. We can talk about how things are screwy or we can think things from a different angle. I'm not at all happy with how much i have to pay too but what are we going to do? Pepper them with expletives?

Petronas is not a company Malaysia can afford to lose. Yes, their policies are dodgy at best but one thing we can all be sure, if we do not get the billions of dollars in taxes and royalty, the stock exchange in '98 would be a lot worse and today, Malaysia might be as good as Indonesia.

I don't like what i see the path Malaysia is taking. We are saying transparency and accountability in our conduct but it seems to me like what USJ27Resident has said, you cannot back track from what you said. It is wrong, more so when you are a Minister. The entire Cabinet has to be collectively responsible for the action of a single Minister, and if i may say so myself, the refusal of reducing the price of fuel is fundamentally wrong and the government is blind to the needs of the people.

P.S.: I apologise for using vulgarity in this post. Sorry Chang.

Peace be with you.

wecare
29-10-2008, 06:25 AM
personally, the owner should not look at the petrol alone as they are selling other goodies in their store, say 100+ is about RM2 per bottle compared to others mom & pa shop selling at RM1.70/1.80, due to the convenience...anyone can share what kind of intake per store from their store besides the petrol/gas....the govt should announce the adjustment quickly for the benefit of public...i am still waiting ..and running out of patience now!!! :mad:

------------------------------------------------------
http://serdang.7.forumer.com

AllUrban
29-10-2008, 08:20 PM
Pola Singh mentioned in an article that the government should lower petrol prices and reduce the subsidy at the same time.

for example a 15 sen reduction in petrol price ... price reduced by 20 sen, subsidy also reduced, by 5 sen.

Then the rate would fluctuate at market price + 25 sen subsidy.

My point is, that if Syed Shahrir promised 1.92...but oil prices are even lower than they were last year...and we may see 1.92 through reduced oil prices and reduced subsidy...so be careful of that.

It would be a reasonable way to reduce the price of petrol and reduce the subsidy at the same time....but it would be unreasonable if the government does it secretly. Also, we can consider that the government will aim to invest in infrastructure projects (high multiplier ones) to keep the economy floating during the upcoming recession.

Cheers, m

USJ27Resident
31-10-2008, 08:07 AM
Fuel prices expected to go down on Saturday but will all of us get 1.92 per litre or otherwise.... (http://thestar.com.my/news/story.asp?file=/2008/10/31/nation/2418444&sec=nation)

I guess ALL politicians speak with forked tongues... :rolleyes:

AllUrban
31-10-2008, 01:06 PM
I guess ALL politicians speak with forked tongues... :rolleyes:read what Douglas Adams wrote about politicians in his book Mostly Harmless

Cheers, m

ps. to summarize...all politicians are lizards - we dont like the lizards but if we do not vote for the right lizard, the wrong lizard will win. :D

m

USJ27Resident
31-10-2008, 02:42 PM
ps. to summarize...all politicians are lizards - we dont like the lizards but if we do not vote for the right lizard, the wrong lizard will win. :D

m

thats is the problem with malaysian politics, it is not the persona (or issit lizard) that is standing for election. we don't choose our reps based on THEIR manifesto/pledges but based on which dumb party is being represented by the candidate...

in the last election, even a freakking donkey would have won a covetted seat if the lizard concerned was really disliked by the voters...

as far as i'm concerned - i would like to have my hari raya haji, christmas, new year and chinese new year discount on fuel upfront NOW .... I am not demanding it, just merely stating the fact what that A MINISTER had said to the whole nation... that fuel prices was supposed to have come down by now to 1.92. :rolleyes:

AllUrban
31-10-2008, 04:49 PM
as far as i'm concerned - i would like to have my hari raya haji, christmas, new year and chinese new year discount on fuel upfront NOW .... I am not demanding it, just merely stating the fact what that A MINISTER had said to the whole nation... that fuel prices was supposed to have come down by now to 1.92. :rolleyes:hear hear. A promise is a promise.

Petrol prices coming down on November 1 (official) and November 15 (unofficial) at last report.

Cheers, m

silver_bird
31-10-2008, 06:46 PM
Petrol prices cut by 15 sen per litre wef 12.01 am on 1 Nov 2008

New price : RM 2.15 / litre

http://thestar.com.my/news/story.asp?file=/2008/10/31/nation/20081031175020&sec=nation

What happen to RM 1.92 / litre !!!

USJ27Resident
31-10-2008, 08:22 PM
Petrol prices cut by 15 sen per litre wef 12.01 am on 1 Nov 2008


What happen to RM 1.92 / litre !!!

Apa 1.92.... siaaaaapa cakap.... ah! :rolleyes: Itu media misquote saya la...

bslee
01-11-2008, 12:54 AM
Hmmmm...whatever it is, the hard fact remains we're all continue to be loosers due to more than necessary consumption like Federal Highway daily crawls at peak hours, lousy timing, rosak or too many traffic lights, some idiots who won't move their cars aside after some accident to ease traffic flow and other drivers become KPC, (must look to see what happened), stupid road planning (where some exits are so narrow and overflowing with traffic wanting to exit), main roads under repair in broad daylight and many other issues lah. Damn!.. when will the electric car arrive huh?.

silver_bird
01-11-2008, 09:50 AM
Shahrir is repeating again : " If average price of world crude oil for Nov 08 go below US$70, the price of our petrol will probably go back to RM1.92 per litre ”

http://thestar.com.my/news/story.asp?file=/2008/11/1/nation/2432665&sec=nation

Cakap tak serupa bikin !!!

compounding
01-11-2008, 11:56 AM
Shahrir is repeating again : " If average price of world crude oil for Nov 08 go below US$70, the price of our petrol will probably go back to RM1.92 per litre ”

http://thestar.com.my/news/story.asp?file=/2008/11/1/nation/2432665&sec=nation

Cakap tak serupa bikin !!!

"will probably" as Ive bolded above... maybe or maybe not... :D

anyone knows whats the avearge oil price in NOv 08?

btw... its still a "will probably" thing

USJ27Resident
01-11-2008, 01:24 PM
"will probably" as Ive bolded above... maybe or maybe not... :D

Phah! Will probably be kicked out of the Parliament too... at this rate !! Keep it up BN... keep it up... :mad: All we need to do is, to remind ourselves about all the lies and deceit that happened all thru' the years...

silver_bird
01-11-2008, 06:54 PM
New system to replace cash fuel rebate next year

Domestic Trade and Consumer Affairs Minister Shahrir said :-

# Since it's inception, the government had paid out RM2.5bil

# However, people don't seem to favour fuel rebate (RM 625-00)

# Malaysian don't really care

http://thestar.com.my/news/story.asp?file=/2008/11/1/nation/20081101151708&sec=nation

http://www.bernama.com.my/bernama/v3/news_lite.php?id=368684


Really ? Is it true ppl are not interested ?
How did they survey the findings ?
Or an excuse to stop the Rebate so that they can build more mega-project.

bslee
01-11-2008, 11:52 PM
I've already expect the rebate scheme is only temporary and will not go on for ever. I can only put in my claim this month.

USJ27Resident
03-11-2008, 02:23 AM
Really ? Is it true ppl are not interested ?
How did they survey the findings ?
Or an excuse to stop the Rebate so that they can build more mega-project.

Why was the rebate given in the first place...? as a short term solution to placate the voters/citizens that got caught in the sudden price hikes. ??Probably they thought that it was a good idea at first but when the prices of crude started to FALL... suddenly the fuel rebates has now become an additional burden/toll to the Govt expenses... :rolleyes:

Probably the main reason why the fuel price cuts are coming around soooooo slow !!

Shahrir dude... you goofed big time, since getting your ministerial post!!

praetor
03-11-2008, 08:18 AM
Greetings.

While it is undeniable that the Minister has goofed, i wonder if it is his sole decision that brings about this result or possibly the decision of some other chap that gives us all so much misery or even the ENTIRE Cabinet.

If only we can pin-point what is taking the government so long to bring the price of fuel down, then and only then we can hit the Minister hard.. :p

Peace be with you.

firefox
03-11-2008, 08:37 AM
Greetings.

then and only then we can hit the Minister hard..

You would be ISA..ed. You are also going to be warned that this thread is also swaying towards politics, btw where to get the best fish head currry?

Sugarfree
03-11-2008, 10:01 AM
While it is undeniable that the Minister has goofed, i wonder if it is his sole decision that brings about this result or possibly the decision of some other chap that gives us all so much misery or even the ENTIRE Cabinet.don't say that again ( someone is watching! :p ) but i go with you there...am sure the silent majority are, too.

HTCHONG
04-11-2008, 01:36 PM
For your reference, pump price dropped another 5 cents yesterday afternoon in Singapore. By the way, the price quoted below is before discount.

"This time, it's by 5 cents a litre for all petrol grades as well as diesel. 95 grade fuel costs $1.659 cents a litre following the adjustment.

This is the eighth time that prices have come down since July."

http://938live.sg/portal/site/938Live/menuitem.43735da1634c4377d21b2910618000a0/?vgnextoid=5d3607844806d110VgnVCM1000001f0aa8c0RCR D&vgnextchannel=18d2638896593110VgnVCM100000e101000a RCRD&mcParam=18d2638896593110VgnVCM100000e101000aRCRD

tsd
04-11-2008, 02:30 PM
Malaysia has reduced 4 times already... increase once only, so dont complain!!! :D

USJ27Resident
08-11-2008, 11:56 AM
Crude oil prices today is lower than it was when fuel prices were at RM1.97/1.92 and yet the Govt is still stalling with lowering the fuel price! If you add the 30sen subsidy that they say they are paying for us... then the current prices that the oil companies are raking in RM2.45 per liter.

Now who is doing who? Is the oil companies doing the rakyat or is the Govt doing the rakyat? Or are they both colluding and both doing the rakyat, [U]and the petrol dealers as well....

3 months ago, the Govt allowed the oil prices to be increased without thinking of the irrepairable damage to the economy and the cost of living... yet now with the given opportunity to lower fuel prices due lowered crude prices... the Govt is dilly-dallying with poor excuses after excuses... :mad:

With the job-loss employment figures getting worse in the States and other places, I don't see any dramatic rises in crude prices any time soon... I just hope that that Trade Minister that was quoted [in Bernama] saying that petrol prices would come down to 1.92 when crude prices go below USD72 - to BIKIN serupa CAKAP.... or just resign... and stop GIVING anymore stupid excuses :rolleyes:

Sentinel
08-11-2008, 07:46 PM
Hey USJ27R, ever thought how come the government can get GIANT and TESCO to lower the prices of food items just like that, with a snap of the finger?

Sentinel
08-11-2008, 07:49 PM
Malaysia has reduced 4 times already... increase once only, so dont complain!!! :D

Increasing 78 sen per litre one time and what is the total decrease?

What was the oil price per barrel when we were paying RM19.2 per litre of RON92?

What is the oil price per barrel now when we are paying RM2.15 per litre of RON92?

If I write anymore on this, Chang would need to ban me again.

USJ27Resident
09-11-2008, 01:09 AM
Increasing 78 sen per litre one time and what is the total decrease?

What was the oil price per barrel when we were paying RM19.2 per litre of RON92?....

If we've forgotten, a refresher....

04/JUN Petrol prices jump to RM2.78
03/JUN CRUDE PRICES = USD130+

Current: U.S. crude for December delivery fell 37 cents to USD$60.40
:rolleyes: Hmmm... so Petronas profits will only mean something like 0.40sen per barrel... I loudly wonder how much profits did Petronas get to squirrel away before the March elections... cos' I'd wild-guess where lots of the money could have gone to, and for what.

FOR your reference and comparison.Source (http://www.nyse.tv/crude-oil-price-history.htm)

May 30, 2008 $127.35
June 6, 2008 $138.54
June 13, 2008 $134.86
June 20, 2008 $135.36
June 27, 2008 $140.21
July 4, 2008 $145.29
July 11, 2008 $145.08
July 18, 2008 $128.88
July 25, 2008 $123.26
August 1, 2008 $125.10
August 8, 2008 $115.20
August 15, 2008 $113.77
August 22, 2008 $114.59
August 29, 2008 $115.46
September 5, 2008 $106.23
September 12, 2008 $101.18
September 19, 2008 $104.55
September 26, 2008 $106.89
October 3, 2008 $93.88
October 10, 2008 $77.70
October 17, 2008 $71.85
October 24, 2008 $64.15
October 31, 2008 $67.81
November 7, 2008 $61.04

So... if this data is right... the Ministry of Trade should have reversed the increased pricing on 18th July 2008 instead of relying on questionable rm625/rm150 rebates and 30sen subsidies.... :rolleyes:

bslee
09-11-2008, 02:20 PM
questionable rm625/rm150 rebates and 30sen subsidies.... :rolleyes:

Nevermind. To all those who think they don't want this six hundred money or its meaningless, give it a pass and don't submit any claim lah.
Me.. I want!.. even better if they prolong it indefinitely. I'll gladly take it as some payback to all sorts of bleeding taxes the gahmen imposes on us during our lifetime. WHat the heck ROAD TAX is for?.. Sini sana tol..tol and TOL!. In principle JPJ shouldn't be making money out of tenders of choice car plate numbers!. Thats what you get for voting this regime!.. unscroupulous!

silver_bird
09-11-2008, 07:55 PM
Another fuel price cut in mid-November 2008, says Shahrir

http://www.bernama.com.my/bernama/v3/news_lite.php?id=370438

Will we get back (RM 2.15 - RM 0.23) = RM 1.92 / litre ?

AllUrban
10-11-2008, 11:47 AM
Another fuel price cut in mid-November 2008, says Shahrir

http://www.bernama.com.my/bernama/v3/news_lite.php?id=370438

Will we get back (RM 2.15 - RM 0.23) = RM 1.92 / litre ?if they follow the pattern it will probably be another RM0.15, taking it down to RM2

m thinks that they should leave it at RM2 and start shifting the extra money elsewhere.

Cheers, m

AllUrban
10-11-2008, 01:11 PM
If we've forgotten, a refresher....

04/JUN Petrol prices jump to RM2.78
03/JUN CRUDE PRICES = USD130+

Current: U.S. crude for December delivery fell 37 cents to USD$60.40
:rolleyes: Hmmm... so Petronas profits will only mean something like 0.40sen per barrel... I loudly wonder how much profits did Petronas get to squirrel away before the March elections... cos' I'd wild-guess where lots of the money could have gone to, and for what.

FOR your reference and comparison.Source (http://www.nyse.tv/crude-oil-price-history.htm)

May 30, 2008 $127.35
June 6, 2008 $138.54
June 13, 2008 $134.86
June 20, 2008 $135.36
June 27, 2008 $140.21
July 4, 2008 $145.29
July 11, 2008 $145.08
July 18, 2008 $128.88

So... if this data is right... the Ministry of Trade should have reversed the increased pricing on 18th July 2008 instead of relying on questionable rm625/rm150 rebates and 30sen subsidies.... :rolleyes:If these data are right...but what about the missing features...oil prices from October 2006-May 2008....

I want to see a breakdown of how much the government was paying in "subsidy" all of those months...as world oil prices increased past USD70 / barrel and pump prices were kept at RM1.92, that amount would have increased to historic and amazing levels

I really want to see those data so people can see how much investment the economy has had to forgo just to keep people driving.

Cheers, m

AllUrban
10-11-2008, 01:13 PM
Nevermind. To all those who think they don't want this six hundred money or its meaningless, give it a pass and don't submit any claim lah.I won't even get the RM150 for my unused scooter...since road tax is paid in May and the rebate plan will be withdrawn in March.

At the least keep it for 1 year.....

Cheers, m

tsd
11-11-2008, 08:36 AM
http://www.thestar.com.my/news/story.asp?file=/2008/11/11/nation/2511130&sec=nation


and all the other troubles like food price increase... is called "CARI PASAL" :D

damage is done.

tsd
12-11-2008, 08:53 AM
wow!!! oil price has gone below USD60.

AllUrban
12-11-2008, 11:11 AM
Shahrir is now saying that petrol prices could go below RM1.92...

Only a few days until the 15th...if you want, try to avoid pumping petrol in the next few days...at least until we are sure prices wont go down.

Cheers, m

USJ27Resident
15-11-2008, 11:36 AM
If these data are right...but what about the missing features...oil prices from October 2006-May 2008....

March 16, 2007 $57.11
March 23, 2007 $62.28
March 30, 2007 $65.87
April 6, 2007 $64.28
April 13, 2007 $63.63
April 20, 2007 $64.11
April 27, 2007 $66.46
May 4, 2007 $61.93
May 11, 2007 $62.37
May 18, 2007 $64.94
May 25, 2007 $65.20
June 1, 2007 $65.08
June 8, 2007 $64.76
June 15, 2007 $68.00
June 22, 2007 $69.14
June 29, 2007 $70.68
July 6, 2007 $72.81
July 13, 2007 $73.93
July 20, 2007 $75.79
July 27, 2007 $77.02
August 3, 2007 $75.48
August 10, 2007 $71.47
August 17, 2007 $71.98
August 24, 2007 $71.09
August 31, 2007 $74.04
September 7, 2007 $76.70
September 14, 2007 $79.10
September 21, 2007 $81.62
September 28, 2007 $81.66
October 5, 2007 $81.22
October 12, 2007 $83.69
October 19, 2007 $88.60
October 26, 2007 $91.86
November 2, 2007 $95.93
November 9, 2007 $96.32
November 16, 2007 $93.84
November 23, 2007 $98.18
November 30, 2007 $88.71
December 7, 2007 $88.28
December 14, 2007 $91.27
December 21, 2007 $93.31
December 28, 2007 $96.00
December 31, 2007 $95.98
January 4, 2008 $97.91
January 11, 2008 $92.69
January 18, 2008 $90.57
January 25, 2008 $90.71
February 1, 2008 $88.96
February 8, 2008 $91.77
February 15, 2008 $95.50
February 22, 2008 $98.81
February 29, 2008 $101.84
March 7, 2008 $105.15
March 14, 2008 $110.21
March 21, 2008 $101.84
March 28, 2008 $105.62
April 4, 2008 $106.23
April 11, 2008 $110.14
April 18, 2008 $116.69
April 25, 2008 $118.52
May 2, 2008 $116.32
May 9, 2008 $125.96
May 16, 2008 $126.29
May 23, 2008 $132.19
May 30, 2008 $127.35
June 6, 2008 $138.54
June 13, 2008 $134.86
June 20, 2008 $135.36
June 27, 2008 $140.21
July 4, 2008 $145.29
July 11, 2008 $145.08
July 18, 2008 $128.88
July 25, 2008 $123.26
August 1, 2008 $125.10
August 8, 2008 $115.20
August 15, 2008 $113.77
August 22, 2008 $114.59
August 29, 2008 $115.46
September 5, 2008 $106.23
September 12, 2008 $101.18
September 19, 2008 $104.55
September 26, 2008 $106.89
October 3, 2008 $93.88
October 10, 2008 $77.70
October 17, 2008 $71.85
October 24, 2008 $64.15
October 31, 2008 $67.81
November 7, 2008 $61.04
November 14, 2008 $57.04

Your current price of crude on the Nymex... its wayyyyyy past the freaking USD72 that Shahrir mentioned [blurted].... :rolleyes: Does anyone remember the price of petrol* March 2007? Well - then that SHOULD be the price we should be paying now... since crude is back to USD57 per barrel...

*for those that had forgotten - prices went up from 1.62 to 1.92 on the 28th Feb 2006. A 30 sen hike overnight...

If the crude prices are so low - I wonder how much more subsidy is the Govt pocketing. When they hiked up the price the last time, they said they would have saved the Govt RM4.4 billion to be channelled elsewhere but now... it is all silent, that you could even hear a rat FART !! :mad:

praetor
15-11-2008, 02:18 PM
Greetings.

Could it possible that the government is using the money for some other purposes? If they are, it means it's an act of the executive and someone can check on them. My dear Opposition leaders, it is time to raise questions in the Parliament and stand up for the people that you are supposed to.

Price reduction imminent or otherwise, someone better explain why is it the acts of the executive is not accountable. I'm not a fan of people who just let out a brain fart or rat fart and not apologising for that. If you take an action, you ought to be responsible for it. If you don't want to be responsible for it then don't be the government because you owe all of us(yes, each and everyone of us) a duty to take care of our interest FIRST.

If you can't shape up then SHIP OUT.

Peace be with you.

Sentinel
15-11-2008, 03:55 PM
Greetings.

Could it possible that the government is using the money for some other purposes? If they are, it means it's an act of the executive and someone can check on them. My dear Opposition leaders, it is time to raise questions in the Parliament and stand up for the people that you are supposed to.

Price reduction imminent or otherwise, someone better explain why is it the acts of the executive is not accountable. I'm not a fan of people who just let out a brain fart or rat fart and not apologising for that. If you take an action, you ought to be responsible for it. If you don't want to be responsible for it then don't be the government because you owe all of us(yes, each and everyone of us) a duty to take care of our interest FIRST.

If you can't shape up then SHIP OUT.

Peace be with you.

Are you going to the candle light vigil tomorrow night at the PJ Civic Centre car park?

pucman
15-11-2008, 04:27 PM
http://www.btimes.com.my/articles/20081115131453/Article/

price going to cut within one or two days.

praetor
15-11-2008, 08:09 PM
Greetings.

Unfortunately, i can't be going thanks to a nice boss who insists on working even on sundays to get the project up and running. Somebody got to refer to the Employment Act to protect me. :o

Point being, we cannot have a government that is not accountable for what they say. If you say you will reduce the price of fuel but yet remain silent on it then you ought to be responsible for it.

Peace be with you.

cskok8
15-11-2008, 09:26 PM
http://www.btimes.com.my/articles/20081115131453/Article/

price going to cut within one or two days.

If you read the article properly, it said the last cut was on Oct 15 (to RM 2.30). We know very well that the last one was actually on Nov 1 (to RM 2.15). Somebody is behind the loop here. :confused:

Sentinel
17-11-2008, 12:22 AM
As I write this, the price of light crude is USD56.45 per barrel!

I remember someone PROMISED us RM1.92 per litre for RON92 if the price drops below USD72 per barrel?

USJ27Resident
17-11-2008, 02:45 AM
I remember someone PROMISED us RM1.92 per litre for RON92 if the price drops below USD72 per barrel?

Probably placating the Petrol Dealers Association top officials after telling them off... or, to damn busy with his upcoming party elections... :rolleyes: or BOTH!

Orrr... I forget... cannot complain, insinuate or say anything about anyone nowadays, even if it the Gospel truth... nanti kena sued kaw kaw...

Lets talk about quantum physics and cold fusion instead... or mebbe how to run your cars on "personal methane"... :rolleyes:

cskok8
17-11-2008, 10:27 AM
As I write this, the price of light crude is USD56.45 per barrel!

I remember someone PROMISED us RM1.92 per litre for RON92 if the price drops below USD72 per barrel?

He must have been misquoted by the press. Anyone has a recording of him saying that??

Sentinel
17-11-2008, 01:10 PM
He must have been misquoted by the press. Anyone has a recording of him saying that??

What do you mean HE MUST HAVE BEEN MISQUOTED? How did you arrive at this conclusion?

firefox
17-11-2008, 03:48 PM
The government is protecting the petrol dealers, thats the way i see it.

Sentinel
17-11-2008, 04:23 PM
The government is protecting the petrol dealers, thats the way i see it.

I think so too... since most of the petrol kiosk dealers are aligned to a certain pol!t!cal** party.

(** sorry, the word pol!t!c is banned in this forum.. :p )

BUT the more likely reason is the PM is in Ukbezistan with the Minister for Domestic Trade and the DPM is in Peru, so boh cheng hu!

Read here: http://blog.limkitsiang.com/2008/11/17/why-pm-and-dpm-out-of-the-country-at-same-time-this-week-breaking-30-yr-standing-rule/

BTW light crude is at USD56.09 at this point of posting, down 1.67%for the weekend!

Sentinel
17-11-2008, 04:57 PM
Latest update from Singapore....

http://news.yahoo.com/s/ap/20081117/ap_on_bi_ge/oil_prices

AllUrban
17-11-2008, 04:59 PM
now the speculators are driving oil prices down - it might hit USD40/bbl in the depths of winter...Jan - Feb...some are saying it could go even lower...

but what goes down...can come up...in 2009...maybe this is just a short correction as commodity prices boom again

Tracking oil and petrol and "subsidy" prices would be a good economics activity...and I can use the data for my class :)

Year.Date > Oil Price/barrel (in USD and RM) > Petrol price/L in RM (real and nominal) > and "Subsidy"/L in RM

for example:

2007.March 16 > $57.11 / RM--- > RM2.--/L / RM1.92/L > RM-.--/L etc.

I've put USJ27 Resident's Data into an Excel Spreadsheet. More info is needed to get a true and complete picture of what is happening...and even if we have the data...we will never truly know what is going in the heads of government

Cheers, m

USJ27Resident
17-11-2008, 06:09 PM
now the speculators are driving oil prices down - it might hit USD40/bbl in the depths of winter...Jan - Feb...some are saying it could go even lower..

Jeeez...the VIP* YB had said if the crude hits USD 72, our pump prices would be 1.92... so theoretically if the crude hits USD36 - our pump prices shud be half of that figure that he blabbered...(or 0.96sen) no? Then where or what happens to the so-called hyped up petrol subsidy that the Govt keeps yelling about...

Or mebbe our so called beloved YB [ yup! the same one that one time "resigned" as President of BNBBC after getting hammered for making a ruckus about the Auditor General's expenditure report...] thinks we Malaysian are just plain dumb lemmings... :mad:

Main Entry: the·o·ret·i·cal
Pronunciation: \ˌthē-ə-ˈre-ti-kəl, ˌthir-ˈe-\
Variant(s): also the·o·ret·ic \-tik\
Function: adjective
Etymology: Late Latin theoreticus, from Greek theōrētikos, from theōrein to look at
Date: 1601
1 a: relating to or having the character of theory : abstract b: confined to theory or speculation often in contrast to practical applications : speculative <theoretical physics>
2: given to or skilled in theorizing <a brilliant theoretical physicist>
3: existing only in theory : hypothetical <gave as an example a theoretical situation>

VIP* - please note : in my reference book, VIP DOES NOT stand for Very Important Person...

tsd
17-11-2008, 06:23 PM
when oil price was above USD100, every single night TV3 will talk about it. Now what happened ? haha :D

cskok8
17-11-2008, 06:28 PM
What do you mean HE MUST HAVE BEEN MISQUOTED? How did you arrive at this conclusion?

If he really said that, then the price should have come down, right?

After all ministers don't lie, right? :rolleyes:

tsd
17-11-2008, 06:57 PM
I hope they will have another debate on "harga minyak" on TV like the one we had last time :D

Sentinel
17-11-2008, 07:02 PM
Hey RON97 is RM2 per litre -- down 15 sen from tomorrow! Diesel for my Freelander also down to RM1.90, also down by 15 sen!

Sentinel
17-11-2008, 07:04 PM
If he really said that, then the price should have come down, right?

After all ministers don't lie, right? :rolleyes:

Is that sarcasm or is it a statement of fact, before I comment. I might not be able to comment since I would probably get banana'ed.

fredkwan
17-11-2008, 08:26 PM
Hey RON97 is RM2 per litre -- down 15 sen from tomorrow! Diesel for my Freelander also down to RM1.90, also down by 15 sen!
:confused: Since crude is below USD60 per barrel now, are we Malaysian subsidising BN government / Petronas for every drop of fuel we perchase ??

Sentinel
17-11-2008, 08:29 PM
:confused: Since crude is below USD60 per barrel now, are we Malaysian subsidising BN government / Petronas for every drop of fuel we perchase ??

The petrol stations make better margin because they buy cheaper from Petronas, Shell refineries. These kiosk owners mostly belong to a certain political party too.

praetor
17-11-2008, 08:32 PM
Greetings.

Finally, someone sees the light. We've been subsidizing the government for a long time. It just that we never thought of that. But where did the money come from? Your pocket and mine.

At the very least, someone reduced the price and has some semblance of responsibility. But the question now is, where on earth is the money and who is accountable for this? Members of the Opposition MPs, do your job please and i'll be waiting for some fireworks in Parliament.:D :p

Peace be with you.

USJ27Resident
18-11-2008, 12:06 AM
Hey RON97 is RM2 per litre -- down 15 sen from tomorrow! Diesel for my Freelander also down to RM1.90, also down by 15 sen!

What happened to 1.92 !!! :mad: So when crude hits USD36 p/barrel.... is everybody is gonna be happy with 1.85 per liter... WE ALL KENA CONNED LA... cos at the current crude prices, the Govt should have reverted to below 1.92 !!!

By the way, why 15sen.. always 15sen... does somebody somewhere in the Govt love or have a fetish with this 15sen figure :confused:

firefox
18-11-2008, 08:08 AM
The price of petrol can down but the prices of food and services will never come down again..the taste of profiterring is too good.

pucman
18-11-2008, 12:55 PM
By the way, why 15sen.. always 15sen... does somebody somewhere in the Govt love or have a fetish with this 15sen figure :confused:


The reason is that the petrol stations complain of losses if the reduction is too high. So max 15 cents everytime.

Hope the next reduction will be rm 1.85 instead of rm 1.92.

tsd
18-11-2008, 01:06 PM
http://thestar.com.my/news/story.asp?file=/2008/11/18/nation/2574907&sec=nation

Malaysian Petroleum Dealers’ Association acting president Abdul Wahid Bidin... says they hope this would be the last reduction, cos they cannot plan ahead to do their business. I wonder if he would say the same thing if petrol price increase :D

USJ27Resident
18-11-2008, 01:33 PM
Malaysian Petroleum Dealers’ Association acting president Abdul Wahid Bidin... says they hope this would be the last reduction, cos they cannot plan ahead to do their business. I wonder if he would say the same thing if petrol price increase :D
Cannot plan ahead... my foot! :mad:

Now you and I know why the authorities [ our so called Domestic Trade Ministry - that is suppose to protect the consumers....] have taken their own sweet time to reduce fuel prices... Probably tipped off those Petrol Assc top members to empty their bunkers before lowering the prices... I bet you regular MPDA members would be in the dark, like us.

Dunno how to plan - don't do business la... Everything subsidised... now even business mentality... :rolleyes:

Chehhh! Its a bloody suprise why the whole country has not BELLY UP as yet... :(

kwchang
18-11-2008, 02:30 PM
... Probably tipped off those Petrol Assc top members to empty their bunkers before lowering the prices... ..(
Not true - I saw my neighbourhood petrol station getting refilled by the Shell tanker 2 nights before the price change. My suspicion is that the petroleum companies have already worked out the prices with their petrol station operators on the delivery order knowing the impending price change. Hence I doubt very much the operators will need to bear the difference in petrol prices on the day of the change.

I will be very surprised if what the Malaysian Petroleum Dealers’ Association say is true - logically, would an association like that allow their members to bear the price fluctuations out of their own pockets? Think about that.

HTCHONG
18-11-2008, 08:55 PM
:confused: Since crude is below USD60 per barrel now, are we Malaysian subsidising BN government / Petronas for every drop of fuel we perchase ??

I thought the internet news has published that

"KUALA LUMPUR - MALAYSIA is not currently subsiding petrol and may dump its subsidy scheme altogether, despite major protests earlier this year over spiralling pump prices, a minister said on Tuesday...."

http://motoring.asiaone.com/Motoring/News/Story/A1Story20081118-101595.html

USJ27Resident
18-11-2008, 09:05 PM
http://motoring.asiaone.com/Motoring/News/Story/A1Story20081118-101595.html

Sooooo.... its true then... our BELOVED Govt is now making 30sen for every liter sold... :mad:

So if I spend RM600 [300 liters] per month... I would NOW be giving back that so called RM625 rebate in about 7 months... :rolleyes:

Thank you BN !!!

bslee
18-11-2008, 10:43 PM
Thank you BN !!!

Never mind. I'll thankfully accept any amount of money they give to me (not for favors and no catch of course!)
Anyone don't want it, you're always welcome to pass it on to me. I can then do something good for many deserving or unfortunate folks.

USJ27Resident
19-11-2008, 12:40 AM
haiya... I remember one fella went to the extent of saying petrol would be cheaper [1.92] if crude prices fall below USD72... and could even go lower... NOW, he is saying that 1.92 would be the minimum price set for fuel... Ada logic ka ??? :mad:

Meaning, even though the cost of petrol is lower, our beloved Gahmen is still gonna keep the price at 1.92 and whatever extra that come from the sale... is theirs... Is this the same Govt that is asking hypermarkets and businesses to lower their prices and profits whereas the Govt is helping themselves to an unexpected windfall.... :rolleyes: :mad:

Whatever happened to the RM4billion subsidy savings that was touted to be used to improve public transportation... :rolleyes: Ingat kita semua mudah lupa.... piiiii-dah..!!

praetor
19-11-2008, 01:24 AM
Greetings.

First and foremost, petrol price decreased by 15 cents. Woohoo :cool: Finally the price of petrol is coming back to some semblance of sanity.

Secondly, someone sure is taking a long time to reduce the price of petrol. Why is this so? Mr. Minister of Domestic Trade and Con-sumer Affairs, your explanation so far has been nothing more than a feeble attempt to mask either your inability to carry out your duties effectively or somebody is pulling some strings that is hurting all of us. Would anyone care to share soome views on that?

Thirdly, i thought the Opposition mentioned something about bringing the petrol price down even LOWER. I'm surprised that it's a little quiet in both the mainstream and alternative media on the subject matter from the Opposition MPs. I'm not going on a witch-hunt here. Just curious.

Peace be with you.

AllUrban
19-11-2008, 08:36 AM
Secondly, someone sure is taking a long time to reduce the price of petrol. Why is this so? Mr. Minister of Domestic Trade and Con-sumer Affairs, your explanation so far has been nothing more than a feeble attempt to mask either your inability to carry out your duties effectively or somebody is pulling some strings that is hurting all of us. Would anyone care to share soome views on that?Im not sure, but this might be the answer that we are looking for....
Government not paying petrol subsidies (http://thestar.com.my/news/story.asp?file=/2008/11/19/nation/2580955&sec=nation)
KUALA LUMPUR: The Government has stopped paying petrol subsidies since the beginning of this month due to lower global oil prices, Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad saidWhich means that the 30 sen per litre "subsidy" the government promised is no longer in existence...

Which actually means that, if they had retained the "subsidy" petrol prices would be at RM1.70 per litre!!!!!!!!! or less

This government really goes out and does whatever the heck they want...without really considering the consequences...

Cheers, m

kwchang
19-11-2008, 08:50 AM
Everybody seemed to have conveniently forgot that all private vehicle owners are already getting a subsidy (RM650 for this 12-month period, at least) after they renewed their road-tax. IF that amount is a semblance of the price subsidies we had been enjoying before, then theoretically, they need not add anymore subsidies to the pump price. Would someone like to do the maths?

AllUrban
19-11-2008, 09:42 AM
Everybody seemed to have conveniently forgot that all private vehicle owners are already getting a subsidy (RM650 for this 12-month period, at least) after they renewed their road-tax. IF that amount is a semblance of the price subsidies we had been enjoying before, then theoretically, they need not add anymore subsidies to the pump price. Would someone like to do the maths?I dont have the time to do the maths but I expect it is not a semblance...and the rebate will be withdrawn in March of 09, not June of 09...so some people will not even receive it.

I am all for getting rid of the subsidy - but not quietly and secretly...and not without channeling the money to 3 very important things:

*cleaner, less-polluting fuel and more fuel efficeint cars
*better public transport
*reduced toll costs (aka less "highway robbery")

Closing the Batu Tiga (Federal), Awan Besar (KESAS) and PJ North/Sg. Penchala and PJ South/Sunway (both LDP) toll plazas would be the first on my list. Truly, the MRRII should be a toll-free road all the way around.

Cheers, m

cskok8
19-11-2008, 10:40 AM
Everybody seemed to have conveniently forgot that all private vehicle owners are already getting a subsidy (RM650 for this 12-month period, at least) after they renewed their road-tax. IF that amount is a semblance of the price subsidies we had been enjoying before, then theoretically, they need not add anymore subsidies to the pump price. Would someone like to do the maths?

I am not very good at maths. But I do know that somebody promised a reduction of petrol price to RM 1.92 if crude oil price drops below USD 72 and that the fuel subsidy will remain at 30 sen per liter.

Also when oil prices were high, somebody said that the govt cannot afford to increase the subsidy to maintain the domestic fuel prices. Now that oil prices have dropped, the govt cannot afford to subsidize anymore as their income from oil has dropped.

Contradictions everywhere.

AllUrban
20-11-2008, 09:43 AM
I wonder how many people are aware that we already pay taxes on our petrol?

Apparently, the government has forgone that tax revenue and added a subsidy in the past (first time I have been able to write that) which brought down the price of petrol to “reasonable” levels (although, to my mind the price levels are unreasonable for Malaysians who earn less and pay higher prices in general).

Now that the government has admitted that it has not been paying subsidy, the questions are mounting.

1) Why didnt they tell us?
2) Why didnt they tell us?
3) Why didnt they tell us?
4) Now that we can actually see the tax…where will it go?

the tax collected on petrol should be returned to the people in various forms including:

1) better and more efficient public transportation (no surprise here)
2) cleaner and more efficient petrol and diesel
3) tax/fuel rebates for lower-income drivers and public transport users and for those who purchase monthly public transport passes
4) incentives and action to reduce air pollution
5) better and more efficient public transportation (I did mention are users and supporters of public transport)
6) reduced tolls or the closure of some toll plazas

In is a sad thing when a government lies by omission but that is the way things are. We can only hope that the people will push the government into being more open, transparent, and responsible and stop dictating policies from the top down without consulting or involving the people.

No taxation (on petrol) without real representation (from our wakil rakyat).

Cheers, m

QuietStorm
20-11-2008, 10:32 AM
We can only hope that the people will push the government into being more open, transparent, and responsible...Forget it. They'll never change. Wait till the next GE and do the necessary. :)

praetor
20-11-2008, 10:37 PM
Greetings.

Casting aside the political issues aside here, i do wonder if it is indeed the case that the government no longer subsidizes our petrol, why then is the wages and salaries of the people not increasing in tandem with inflation?

The Human Resource Ministry and the Ministry of Domestic Trade and Consumer Affairs should explain why is it so difficult to reveal what are minimum pay that should be today in view of inflation and be truthful about the fuel situation.

I'm not on a witch-hunt but i think we should get some answers when it affects everyone of us.

Peace be with you.

kwchang
20-11-2008, 11:34 PM
The original title of this thread was

Raya Present - 10sen petrol diskaun.

I have changed it since Hari Raya Aidilfitri is way gone past ...
Please be aware of time factors when making up thread titles in future ... they should stand up to the test of time.

jianwei85
20-11-2008, 11:57 PM
this thread should be renamed - various promises on price of petrol :)

p/s: not siliban-ing here..

totoro
21-11-2008, 12:35 AM
price of crude oil per barrel dipped below USD$50 just a short while ago...

RGRaj
21-11-2008, 03:19 AM
Thirdly, i thought the Opposition mentioned something about bringing the petrol price down even LOWER. I'm surprised that it's a little quiet in both the mainstream and alternative media on the subject matter from the Opposition MPs. I'm not going on a witch-hunt here. Just curious.


They can only do something if they control the federal government, which they currently don't.

kwchang
02-12-2008, 06:12 PM
Fuel prices drop another 10 sen on Wednesday
http://thestar.com.my/news/story.asp?file=/2008/12/2/nation/20081202171959&sec=nation

totoro
02-12-2008, 06:33 PM
And price of crude oil per barrel hovers at USD$47+ today.. :)

logicman
02-12-2008, 06:49 PM
Am I still entitle to claim RM625?

totoro
02-12-2008, 06:51 PM
Am I still entitle to claim RM625?

The RM625 rebate will only end in March 2009. It doesn't change.

Firebird
02-12-2008, 06:55 PM
Will hawkers be lowering their prices?

bslee
02-12-2008, 07:51 PM
Will hawkers be lowering their prices?

Heh!..if you read today's TheStar, vege and fish prices have (or are) gone up and they're now blaming rainy weather!. Typical Malaysian lonsense!. Clearly the gahmen cannot really do anything but to urge and allow more foreign imports to stabilize the market. Meanwhile your cha kway teow, mee th'ng or banana leaf fish roe, Nasi lemak, or any other "supposed to be affordable" snack or dishes ain't going to come down in price. ROAD SIDE packet of plain Nasi Lemak was raised to RM1.20 since early this year at USJ9. I've always thought RM1 for a packet was already expensive.. IT WAS 20% UP! to RM1.20! There's NO INDICATION its coming down. ROAD SIDE woh!.
Sorry fellow Malaysians!.. price goes UP..its rare that it comes down!. Malaysian consumers who like to EAT OUT?.. YOU DECIDE if you wanna help curb price increase. I've said MY PIECE!

zerowindez
02-12-2008, 08:34 PM
Price dropping by RM0.10 on midnight!

birdy
02-12-2008, 09:32 PM
There is an unconfirmed sources stating that the price of the petrol should be RM1.50 now, and earlier, PM did announce that the government will subsidize 30 cents at whatever the market price... So, should we should be paying something like RM1.20 tomorrow? :confused:

praetor
03-12-2008, 10:42 AM
Greetings.

Well it is monsoon season now at the East Coast and i don't think the fishermen would want to be out in choppy seas where either they get decent amounts of fishes or risk capsizing. Vegetables.. well I'm not a great fan of it but it sure is pouring at some planting places.

Can anyone tell me what took the government soooo long to finally decide the petrol price is too high? Was the crude oil price a giveaway? Gee i sure hope they can get a hint faster than this when it comes to making sure you and i having a job.

Peace

bslee
03-12-2008, 12:11 PM
So, should we should be paying something like RM1.20 tomorrow? :confused:

Never expect our dear gahmen to be that generous to the rakyat. 5sen, 10sen, 5 sen 10 sen, bit by bit is all we can expect.
Anyway, I hope for all Malaysians not to be jumping for joy and just because petrol is cheaper, its an excuse for more outings, ronda ronda and the sorts. Save your money for more productive or beneficial matters in future. Prudence!.
I see the larger benefit when prices of essential goods go down, not really fuel..it'll certainly benefit the lower income group and working class.
Hey, I don't realize there's any price drop in LPG gas. I find the price per cylinder at somewhat at its highest in decades.

AllUrban
03-12-2008, 01:57 PM
Hey, I don't realize there's any price drop in LPG gas. I find the price per cylinder at somewhat at its highest in decades.aviation kerosene is also still very high.

Solutions here would be to eliminate the middlemen. Aviation kerosene has a monopoly. Petronas is selling subsidized CNG to the Independent Power Producers.

Middlemen are profiting at the expense of consumers - that just cannot last.

Cheers, m

ps. petrol price now RM1.90, nearly 6 months to the day that it increased...but petrol prices should be at 1.40 or thereabouts if we were only paying market rates...not market plus taxes plus government "profits"

bslee
03-12-2008, 02:36 PM
Solutions here would be to eliminate the middlemen.

Partially right, but that'll be disastrous for nationwide distribution to the consumer having it delivered to your doorstep. (I'd cringe thinking of those living in highrise and still depending on cylinder gas, and 6 floors up without the elevator). And you'd broadly know the typical Malaysian business enviroment. The middlemen will cry out loud and likely go political. Its very unlikely anything will change. Your dear voted gahmen is too afraid to rock the boat.
Anything may happen nowadays man!.

USJ27Resident
03-12-2008, 03:25 PM
PM did announce that the government will subsidize 30 cents at whatever the market price ... ? :confused:

Where got summore subsidy!! Only the mentality, still subsidised... :rolleyes: As of lately - the Govt IS collecting sales tax on the sale of all fuel in Malaysia!!!

And today's papers - clearly states that PETRONAS made hundreds of BILLIONS... while the rakyat was forced to cough up the 2.70 per liter... and to get kicked in the gut, with the cascading effects of a sudden fuel price hike... :mad:

AllUrban
03-12-2008, 09:08 PM
As of lately - the Govt IS collecting sales tax on the sale of all fuel in Malaysia!!!

And today's papers - clearly states that PETRONAS made hundreds of BILLIONS... while the rakyat was forced to cough up the 2.70 per liter... and to get kicked in the gut, with the cascading effects of a sudden fuel price hike... :mad:we were always paying the tax on our petrol...but the "subsidy" cancelled it out and then some...so we never bothered to pay attention.

Now we have a tax we know nothing about, along with a "negative subsidy" caused by a government that continues to intervene in the market in the "slow-and-muddled" direction.

But through all of this, we ought to clear up a few things.

1) we pay taxes on petrol and this has been the case for a long time - we are only seeing the taxes now.
2) we have the right to know how much this tax is per litre because it is our money.
3) we should not be paying "additional" taxes on petrol to maintain an artificial "negative subsidy" or "price floor"

Also ....
4) the "loyal opposition" should bring up this issue - but I wonder how many of them even knew that we had taxes on our petrol all this while :rolleyes:

And in the macroeconomic picture ....
5) Malaysia will be a net oil importer by 2011-2012
6) When Indonesia became a net oil importer, all subsidies were cancelled and prices and inflation rose overnight.
7) That can and will happen to Malaysia

And if that wasnt bad enough ....
8) We have a water supply crisis in Selangor that will hit us in 2009-2010

Cheers, m

VeeJay
03-12-2008, 11:15 PM
Heard another 15 cents drop is coming...will see. Wonder why cant they just drop to what ever price thats sustainable...hmmm

bslee
03-12-2008, 11:56 PM
Heard another 15 cents drop is coming...will see. Wonder why cant they just drop to what ever price thats sustainable...hmmm

Even if it comes, I think it'll only be temporary. OPEC is working hard, very hard to up the crude price...and it may happen!.. :eek:

AllUrban
04-12-2008, 02:29 PM
here is a thought...

instead of controlling the retail price, how about paying attention to the wholesale price.

The petrol dealers have to buy the petrol wholesale...from the refineries run by (iirc, Petronas and Shell).

If wholesale petrol costs are lowered, then retailers can charge less but have more freedom to impose higher charges (e.g. higher for those located along expressways or in the urban areas).

Another thought...we only have 5 petrol dealers in Malaysia - Petronas, BHP, Caltex, Shell, and Esso/Mobil (both owned by ExxonMobil). Perhaps we need more petrol dealers? How about inviting Pertamina (Indonesia) or SPC (Singapore) or Thailand's petrol company to enter our markets?

In the USA and Canada, even hypermarkets such as Wal-Mart and Meijer sell petrol. How about petrol stations owned by TESCO or Giant?

Lower wholesale prices and more competition in the retail market would bring down retail prices

Cheers, m

VeeJay
04-12-2008, 04:30 PM
h

In the USA and Canada, even hypermarkets such as Wal-Mart and Meijer sell petrol. How about petrol stations owned by TESCO or Giant?

Lower wholesale prices and more competition in the retail market would bring down retail prices

Cheers, m

Agree to that! Free market...is the way to go...

I remember filling gas for free! WHen the competition is so strong...the opposing gas station would be competing by reducing the gas price at one point 3 stations (this was in Kalamazoo, michigan)...finally it ended to free gas :)
Normally they would only run for 30 minutes or an hour...

miss those good wonderful days!

USJ27Resident
04-12-2008, 10:31 PM
- about the fuel "rebate" thingy - wondering if I renew my insurance and road tax early - could I claim that rebate again :p

AllUrban
05-12-2008, 09:26 AM
Heard another 15 cents drop is coming...will see. Wonder why cant they just drop to what ever price thats sustainable...hmmmdepends on what "sustainable" means ...

If the price is too low, we will use up the fuel faster which means that we will go closer and closer to using up our domestic oil supplies ... once Malaysia becomes a net importer (in 2010-2011) then prices go up.

When our domestic oil supplies run out, we are at the mercy of the international energy markets...

And I havent even mentioned the climate and environmental and social impacts of the driving...that is another area of sustainability that we have to consider.

Cheers, m

totoro
05-12-2008, 11:02 AM
crude oil prices dropped below $44 per barrel today...

gtl
05-12-2008, 05:19 PM
let petrol prices be free floating........

compounding
06-12-2008, 12:45 AM
let petrol prices be free floating........
I agree.... n many people will agree too while the price is falling :) ...but the same many plp will not agree with it too when the price is rising... :mad:

personaly.. i think free float is fair... however of course.. it has its pros n cons..

silver_bird
06-12-2008, 08:44 AM
As of today, our Government's windfall is RM16mil per day based on yesterday’s crude oil price of US$44 (RM158.40) per barrel because the pump prices of fuel have not been adjusted to reflect the lower crude prices.

Analysts said the market price for RON 97 grade petrol should be about RM1.30 / L which is 60 sen cheaper of existing price of RM 1-90 / L.

http://thestar.com.my/news/story.asp?file=/2008/12/6/nation/2736651&sec=nation

Why is our Govt shortchanging us RM 0-60 sen per litre or RM 24-00 for a full tank of 40 litre !!! Why are we still paying high surcharge for Express bus fare !!!

AllUrban
06-12-2008, 11:55 AM
I agree.... n many people will agree too while the price is falling :) ...but the same many plp will not agree with it too when the price is rising... :mad:

personaly.. i think free float is fair... however of course.. it has its pros n cons..free-floating prices can make for "smarter" consumers...

for example, in Canada I know that the prices are lowest on Sunday night, rise sharply on monday, drop until wednesday/thursday, and rise again on Friday then proceed to drop again.

So I would only pump petrol on Sunday night and Wednesday night.

I would also go for the stations that gave higher RON at lower prices or stations that gave cash/points back.

There are consumer website that monitor gas prices and give updates about price wars (usually on street corners) and price increases).

I would also pump the mid-grade (RON90 or 92) petrol instead of the higher grade petrol. In Canada the difference between low, mid, and high is as much as 16-30 cents/L.

Here in Malaysia, in contrast, it is tough to find RON92 and there is no RON95.

So, like I said, consumers are smarter...however, if petrol prices are expected to go up, you can see the same queues as people try to fill up at the old price...they just arent as extreme as what we saw on June 4 here in Malaysia.

Cheers, m

cskok8
06-12-2008, 12:06 PM
As of today, our Government's windfall is RM16mil per day based on yesterday’s crude oil price of US$44 (RM158.40) per barrel because the pump prices of fuel have not been adjusted to reflect the lower crude prices.

Analysts said the market price for RON 97 grade petrol should be about RM1.30 / L which is 60 sen cheaper of existing price of RM 1-90 / L.

http://thestar.com.my/news/story.asp?file=/2008/12/6/nation/2736651&sec=nation

Why is our Govt shortchanging us RM 0-60 sen per litre or RM 24-00 for a full tank of 40 litre !!! Why are we still paying high surcharge for Express bus fare !!!

We should put up stickers on our car that says,
"MY GOVT IS TAKING 60 SEN FROM ME FOR EVERY LITER OF PETROL I BUY"
Similar to the posters proclaiming how much subsidy is being given when oil prices were high.

VeeJay
06-12-2008, 01:54 PM
I would also pump the mid-grade (RON90 or 92) petrol instead of the higher grade petrol. In Canada the difference between low, mid, and high is as much as 16-30 cents/L.

Here in Malaysia, in contrast, it is tough to find RON92 and there is no RON95.

Cheers, m

Esso/Mobil, and Caltex do carry them in most of their gas stations, except those are stationed in tollways..

I have been using RON 92 ever since i got back here...but some car are tuned for higher octane, so you need to test it out if it works on your car...

You could feel the car RPM timing is not as smooth or a little jerky in the stop and go.....

USJ27Resident
07-12-2008, 06:27 PM
Why is our Govt shortchanging us RM 0-60 sen per litre or RM 24-00 for a full tank of 40 litre !!! Why are we still paying high surcharge for Express bus fare !!!

Why??? Because they CAN... Period!!

Why??? Because the bus companies CAN too... :rolleyes: Govt NOW too busy with OTHER "priorities"...

Simply put... now that crude prices have fallen, it means they cannot make money from Petronas... so they make money from the Rakyat la...

USJ27Resident
15-12-2008, 02:01 AM
Whatever happened to the lower than 1.90sen that YB Shahrir had been harping a couple of months ago... conveniently forgotten eh?

Crude oil is like USD 46/+, which is down by more than 2/3 its highest point...

All the bloody BIG talk and EMPTY promises.... :rolleyes:


We should put up stickers on our car that says,
"MY GOVT IS TAKING 60 SEN FROM ME FOR EVERY LITER OF PETROL I BUY"
Similar to the posters proclaiming how much subsidy is being given when oil prices were high.

Damn good idea... Oh how I remembered how the Govt crowed about 'providing' the petrol subsidy [WITH THOSE BIG BILLBOARDS ALL OVER TOWN!] so that the rakyat would be/should be grateful for a caring government, and to vote wisely.... right?
Please keep up the shenanigans... and we will vote wisely again, come 2013... :p

gary yap
15-12-2008, 08:50 AM
Heard on the news this morning fuel and diesel will go down again in the next few days.

Sentinel
15-12-2008, 10:50 AM
Heard on the news this morning fuel and diesel will go down again in the next few days.

Which news network?

cskok8
15-12-2008, 11:02 AM
Damn good idea... Oh how I remembered how the Govt crowed about 'providing' the petrol subsidy [WITH THOSE BIG BILLBOARDS ALL OVER TOWN!]

Some of those billboards are still around. And they were put up with OUR money!! :mad:

silver_bird
15-12-2008, 07:01 PM
Petrol (RON 97) price reduced by 10 sen from RM1-90 to RM 1-80 / litre wef 16 Dec 2008
http://www.bernama.com.my/bernama/v3/news_lite.php?id=378486

silver_bird
15-12-2008, 07:22 PM
Petrol (RON 97) price reduced by 10 sen from RM1-90 to RM 1-80 / litre wef 16 Dec 2008
http://www.bernama.com.my/bernama/v3/news_lite.php?id=378486

USJ27Resident
15-12-2008, 10:48 PM
Took their damn good sweet time to TURUN the price... no? :rolleyes: Bila naik... suddenly shoot up mendadak sial... minimum warning... only petrol dealers grin... but bila mahu turun... "kerajaan juga kenalah berperihatin dan menjaga perasaan pengusaha pengusaha stesen minyak...."

tapi perasaan rakyat... pehhh! dia orang punya pasal-la... dia orang kan dah undi pembangkang... peduli apa dia orang...

joker2107
16-12-2008, 03:34 AM
is somebody trailing me or am i paranoid or do i have the damned luck of a desparate gambler? each time i fill my tank to the brim, petrol price go down.

QuietStorm
16-12-2008, 10:24 AM
is somebody trailing me or am i paranoid or do i have the damned luck of a desparate gambler? each time i fill my tank to the brim, petrol price go down.Not to rub it in, Joker, but my tank is almost empty and I plan to fill it up today. :p But, if it's any consolation, the same thing happened to me the last time...bought full tank, then later read that prices were coming down the following day! :eek:

USJ27Resident
16-12-2008, 10:36 AM
is somebody trailing me or am i paranoid or do i have the damned luck of a desparate gambler? each time i fill my tank to the brim, petrol price go down.

Haiya... yesterday afternoon oso I kena... Tanked up 2 MPVs... only to find out today price drop... :(

Kittycat
16-12-2008, 11:00 PM
Hmm.. same thing happened to me.. the last 2 times petrol price gone down, I also went & fill up (to the brim)just hours before price gone down.. only this time managed to fill up AFTER price down.. :) :)

Firebird
17-12-2008, 01:56 AM
I'm filling up tomorrow. :)

tsd
17-12-2008, 08:58 AM
no wonder reduce again, international oil price is only USD44 from high of USD140 when we get that huge hike.

AllUrban
17-12-2008, 05:48 PM
no wonder reduce again, international oil price is only USD44 from high of USD140 when we get that huge hike.speculation is that oil prices are going down to USD36/barrel by the middle of winter (February/March)...

but be prepared for prices to go up somewhat in mid-2009.

Cheers, m

m now paying CAD 0.744/L in Mississauga - approx RM2.14/L or thereabouts...and approx CAD 0.40 or RM1.20 is taxes.

USJ27Resident
18-12-2008, 02:09 AM
no wonder reduce again, international oil price is only USD44 from high of USD140 when we get that huge hike.

USD140 - we paid RM 2.70 per litre... and the Gahmen make so much noise about the freaking subsidi...

Now crude price is BELOW half that mark... the our petrol SHOULD also be HALF that 2.70 mark... no? (RM 1.35 ??? mana itu RM1.35 )

Ingat kita semua bodoh ka !! :mad:

wyshin88
18-12-2008, 09:21 AM
Gov kept asking the other traders to reduce their price and reduce their price, hello, if Gov themselves is reluctant to reduce the price of the petrol, which should be RM1.30/litter now, how do they expect other trader to reduce the price? The greed is in them, they know once they jack up the price of the petrol and enjoy the big profit, there is no way they will be so stupid to reduce the price of the petrol back....same goes to all the traders/hawkers.

gary yap
18-12-2008, 09:28 AM
I'm looking forward to RM1.60 as enjoyed earlier. Government make money for the benefit of all is one thing. Where the money goes is another. With the amount of money making, the more the reason we should be keeping tabs.

Sentinel
18-12-2008, 01:31 PM
I'm looking forward to RM1.60 as enjoyed earlier. Government make money for the benefit of all is one thing. Where the money goes is another. With the amount of money making, the more the reason we should be keeping tabs.

Why stop at RM1.60? The rightful price right now should be RM1.42 per litre for RON97 petrol. Government is making 38 sen per litre now and this money probably is used for them to dish out the RM50,000 loan per unemployed graduate. Hey, I am also an unemployed graduate (technically)... so do I get the RM50,000 handout?

RM50,000 by the way can buy 2 low-cost apartments yah, can rent them out or sell for a handsome profit....

gary yap
18-12-2008, 01:42 PM
That's what I said... Perfect situation! You go to low, which I don't think will stay there for long, and when it rise retailers will take this opportunity to increase further. As it is, fuel price is low but not all are lowering their price.

Sentinel
18-12-2008, 01:48 PM
That's what I said... Perfect situation! You go to low, which I don't think will stay there for long, and when it rise retailers will take this opportunity to increase further. As it is, fuel price is low but not all are lowering their price.

You have a point there, Gary. In fact many of us felt that when the government upped the pump price of RM1.00 per litre for diesel back in June, that was a disaster. More than 90% of all goods and services in this country depend on diesel-driven transport, including the fishing boats, and increasing the diesel by this margin then was a sure recipe for economic disaster. Inflation was at 8.5% for August, proven! I guess the folks sitting at Putrajaya are out of touch with the reality.

Perhaps leave the price be at RM1.60 with a bit of buffer for the gahmen to play with to manage the price of other essential goods. But not to worry, your new PM has been touted as "an economist" already... enjoy the ride man!

gary yap
18-12-2008, 01:52 PM
I love to see fuel price go as low as possible but sometimes we can't have best of both worlds. :(
Just read in another forum's thread. Cereal went up from RM13 to RM15. Even as fuel price lower, essential also goes up. So if we hit rock bottom price, say for the next few months then increase again, these retailers will increase again, this time higher.

Sentinel
18-12-2008, 06:11 PM
USD40 a barrel.... a while ago!

http://news.yahoo.com/s/ap/20081218/ap_on_bi_ge/oil_prices

MasterQ
19-12-2008, 12:04 AM
Have you all wonder why this time round NONE of the petrol pump owners are complaining about their loses when there is price reduction? Technically, I don't think there is anyway to prevent such loses as I don't believe every drop of petrol bought at the old price are completely sold out. So there may be stock bought at a higher old price being sold at a lower new price. This lead them to kau peh kow boh.

But this time round after the kpkb, the same people in the pump industry are keeping quiet as they are busy smiling now is because the government delayed announcing the new selling price. Most probably the petrol station owners are buying at the new lower price and yet kept selling to us at the old price for just one day until the new lower price takes effect the following day. Can you imagine how the government is enriching these pump fella?? This is just a conspiracy theory.

tsd
19-12-2008, 12:43 AM
USD40 a barrel.... a while ago!

http://news.yahoo.com/s/ap/20081218/ap_on_bi_ge/oil_prices

it is only USD38 now... :mad:

USJ27Resident
19-12-2008, 03:55 PM
Have you all wonder why this time round NONE of the petrol pump owners are complaining about their loses when there is price reduction?

But this time round after the kpkb, the same people in the pump industry are keeping quiet as they are busy smiling now is because the government delayed announcing the new selling price. Most probably the petrol station owners are buying at the new lower price and yet kept selling to us at the old price for just one day until the new lower price takes effect the following day. Can you imagine how the government is enriching these pump fella?? This is just a conspiracy theory.

Plausable... very plausable!! But then, if it is true - then the so called domestic trade ministry is nothing but a toothless tiger !!

Actually - you have a very valid question... on WHY is the Persatuan Pengusaha Stesen Minyak suddenly very quiet - after all the "threats" of closing their members petrol stations in "protest" of frequet fuel prices reductions.... I don't think the Govt had counter-threatened the Persatuan to go ahead and close... :rolleyes:

anny
19-12-2008, 04:08 PM
its USD 36 now

Sentinel
19-12-2008, 05:03 PM
Plausable... very plausable!! But then, if it is true - then the so called domestic trade ministry is nothing but a toothless tiger !!

Actually - you have a very valid question... on WHY is the Persatuan Pengusaha Stesen Minyak suddenly very quiet - after all the "threats" of closing their members petrol stations in "protest" of frequet fuel prices reductions.... I don't think the Govt had counter-threatened the Persatuan to go ahead and close... :rolleyes:


You won't believe the 'power' of the Domestic Trade & Consumer Affairs Ministry unless you deal with them before. There are many ways they kautim things and one of the most powerful is "MONEY" in terms of subsidy, compensation, support, or whatever they call it but they do have the money! If that doesn't work, they have a unit known as ENFORCEMENT UNIT which many traders don't want to meet, really.

Last week the Minister came to visit Sui Wah Supermarket here in Penang and boom! prices in Sui Wah dropped down 10-15% across the board. So easy meh?

USJ27Resident
19-12-2008, 09:11 PM
its USD 36 now

75%+ drop from the the highs of USD147... and why isn't petrol haven't also dropped by 75%...

Hello... Mr. Minister.... mau kelentong apa lagi... sekarang siapa bayar siapa punya subsidi woi... ??

Sentinel
19-12-2008, 09:50 PM
USD34.53 per barrel a minute ago.... so we should be seeing RM1.35 per litre of RON97 soon, no?

Sentinel
20-12-2008, 09:17 PM
USD32.53 a while ago.... looks like it ain't bottoming out anytime soon.

USJ27Resident
20-12-2008, 10:47 PM
USD34.53 per barrel a minute ago.... so we should be seeing RM1.35 per litre of RON97 soon, no?

My maths ain't that great but by all accounts it should have hit 1.35sen a LONG TIME AGO...

That grey haired fella that looks like a [ ], is still harping about ceiling prices and floor prices but yet have done anything to ensure that the "on the road" petrol prices are in true correlation to crude oil prices... :mad:

Like I said in an earlier post - who is subsidising who NOW??... mebbe to help finance the 50K loans to (stupid?) graduates that don't know/don't want to pay up their loans...

Sentinel
21-12-2008, 12:07 AM
My maths ain't that great but by all accounts it should have hit 1.35sen a LONG TIME AGO...

That grey haired fella that looks like a [ ], is still harping about ceiling prices and floor prices but yet have done anything to ensure that the "on the road" petrol prices are in true correlation to crude oil prices... :mad:

Like I said in an earlier post - who is subsidising who NOW??... mebbe to help finance the 50K loans to (stupid?) graduates that don't know/don't want to pay up their loans...

Err hello... that white-haired fella increased diesel by RM1.00, remember? That triggered off the worse inflation jump in Malaysian history, remember? And they call him a 'maverick'... aiyoh why lah Malaysia so like that one...

USJ27Resident
21-12-2008, 12:54 AM
Err hello... And they call him a 'maverick'... aiyoh why lah Malaysia so like that one...


A maverick?? Seems more like a "marvellous lick" nowadays... whatever happened to this guy... used to be such a headache to the top echelons... now, as he gets closer to the top... he becomes like one...

hey, isn't that what a chameleon would do... change colors to suit enviroment... :rolleyes:

No more Nescafe O-kosong for you... anytime soon !! :mad:

AllUrban
28-12-2008, 09:16 AM
Petrol prices in Canada from Dec 13-present

Dec 13-15: CAD 0.755/L
Dec 15-24: CAD 0.724/L
Dec 23-24: CAD 0.689/L
Dec 25 - present: CAD 0.665/L

Factor in the current exchange rate, which is about 3:1 and you have a price of RM 1.98/L but at least 40% is taxes.

Which means that the price per litre without taxes in Canada would be approximately CAD 0.445/L or RM1.25/L

Cheers, m

gtl
28-12-2008, 10:07 AM
to me, i see how weak our govt is when comes to dealing with malaysia petrol prices. it is like a having "9 woks but only 8 covers". all fighting fire without long term strategy.

Sentinel
28-12-2008, 04:08 PM
to me, i see how weak our govt is when comes to dealing with malaysia petrol prices. it is like a having "9 woks but only 8 covers". all fighting fire without long term strategy.

Exactly, when 90% of all goods and services in the country are delivered on diesel-runned lorries and vans, when 100% of all fishing boats run ondiesel-engines, the government increased diesel by RM1.00 and petrol by only 78 sen per litre in May. Do you think they can even think? They caused a sudden spurt in price increases which never came down. I just thought they don't even use their grey matter at all....

USJ27Resident
28-12-2008, 10:23 PM
.... still waiting for the petrol prices to come down.... hey, its snowing in Putra Jaya... :p

.... now which event would you most likely believe, would happen first !! :rolleyes:

gtl
28-12-2008, 10:34 PM
prices will remain up unfortunately only the economy is going down without our very smart ministers knowing what to do........
exports volume is down, fdi is down, profits down.........and we were told we are all ok.
how can we be ok??

USJ27Resident
29-12-2008, 04:03 PM
how can we be ok??

by believing everything, the bullsh!t that the Very smart ministers dish out... LoL !!! :p

DON'T WORRY - BE HAPPY !!

Sentinel
29-12-2008, 04:51 PM
Price of crude has shot up past USD39 per barrel today due to the bombings between Hamas and the Israeli forces.... looks like it will stay there for a while until those guys stopo bombing each other blind.... 90 rockets from Hamas vs 35 missiles from the Israelis, jeez.... thats a lot of fireworks man....

USJ27Resident
29-12-2008, 06:18 PM
90 rockets from Hamas vs 35 missiles from the Israelis, jeez.... thats a lot of fireworks man....

Pardon the digresion... but what on earth was Hamas thinking? One doesn't go around "trying" to kick the neighbour that carries a bigger club!! The neighbour is NOT going to sit quiet and allow itself to be whacked. The neighbor WILL whack back - with the bigger club... and who pays for the payback... everyone, the INNOCENT children.

Why isn't the Israelis hitting the West Bank? and other places... because those fellas in the other areas are slowly learning NOT to provoke the big fella with the big club!