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View Full Version : Its Gonna be RM9 more per Tankful!



Sentinel
27-05-2010, 12:37 PM
If you drive a normal saloon with a 60 litre tank capacity, thats gonna be RM9 more per tankful of RON95 soon... Barang Naik... they are spinning already so its gonna be happening soon. Read all about it HERE! (http://www.malaysiakini.com/news/132862)

bslee
27-05-2010, 12:40 PM
Nothing new lah..toll, taxes, COL, GST...for majority working class, it just makes it more expensive to live in Malaysia by the decade... either earn more or migrate for better quality life (where available). Educate your offspring and grandchildren to expect this indefinitely as long as they call this land home.

Sentinel
27-05-2010, 12:44 PM
I like your optimism BSLee.... "by the decade"... really optimistic lah you!

Why ask people to migrate again? What about changing the government to a more responsible one? Remember the last time we argued, half the people have never even been out of Malaysia because they can't afford it and you ask them to migrate? Earn more, how? Because 1PM says its now "High Income" economy oredi?

bslee
27-05-2010, 12:50 PM
High income will stay an idea. Nothing more will evolve out of it. Higher income may even result in "Easier come..easier it'll all go". The working class or specifically those who're not eligible to pay income tax will become poorer with price inflation of essential goods. Everyone knows fuel cost will have a domino effect on the working class.

Sentinel
27-05-2010, 12:56 PM
Why not agreeable on changing the government to a more responsible one?

bslee
27-05-2010, 01:02 PM
Why not agreeable on changing the government to a more responsible one?

I'll do my best (inc my family and relatives) on my part to change gahmen, but if it doesn't happen in 2012.. my confidence in future change of regime will be below zero thereafter.

AllUrban
27-05-2010, 07:23 PM
Why not agreeable on changing the government to a more responsible one?hehehe yeah why not.

I notice that the subsidy lab didnt talk about what will happen with the money 'saved' - as if it is going to be 'unspent' -it's going to go somewhere - but where?

Cheers, m

Sentinel
27-05-2010, 09:48 PM
hehehe yeah why not.

I notice that the subsidy lab didnt talk about what will happen with the money 'saved' - as if it is going to be 'unspent' -it's going to go somewhere - but where?

Cheers, m
Elsewhere they call it slush fund...

Some places they call it political war chest...

Whatever ya ma call it, it ain't gonna be for the people, thats for sure mate!

jianwei85
27-05-2010, 10:14 PM
erm..so where's that body that WILL INCREASE MY PAY!!!!! :D

CS Chua
27-05-2010, 11:07 PM
Time to sell the Camry and buy a small car. The 206 is beginning to look good.

pucman
28-05-2010, 12:28 AM
hehehe yeah why not.

I notice that the subsidy lab didnt talk about what will happen with the money 'saved' - as if it is going to be 'unspent' -it's going to go somewhere - but where?

Cheers, m

What a joke ! The last time there was a petrol hike in 2006, they promise the money saved will be to improve the transport system.

But until now, we still have one of the worst public transport in the world.

I suspect the money is used to cover up their wasteful expenditures.

zinglicious
28-05-2010, 07:48 AM
BN promise you a road garden in 2006? An improvement in trains and buses? Too bad the minister in the profolios - road transport and highway and byway ministers are having crisis and sibuk hal sendiri. :D
Meanwhile, they did what they promised though , to be fair - we are in the Formula1 with the Proton Team. Aint that the world class promise made? So B thank ful :p

pucman
28-05-2010, 11:01 AM
I was right ! Mr Tony Pua said what is on my mind today.

The money is channelled elsewhere....such as crony companies etc.

http://www.thestar.com.my/news/story.asp?file=/2010/5/28/nation/6357422&sec=nation

bslee
28-05-2010, 11:03 AM
Wasteful Expenditure And Lobsided Agreements Must Be addressed First!

DarkNite
28-05-2010, 11:52 AM
Wasteful Expenditure And Lobsided Agreements Must Be addressed First!Can't la, got many voters who still thinks it is ok. Semua nya ok!
Remenber, WAH TOLONG LU, LU TOLONG WAH! :D

VeeJay
30-05-2010, 01:38 PM
If so much money is spend on subsidies and gas price often rising, then the gomen should just opt to LPG as a mandatory requirement for all cars in Msia. Isnt that easier and greener? Additionally solves many problems!

DarkNite
30-05-2010, 02:17 PM
If so much money is spend on subsidies and gas price often rising, then the gomen should just opt to LPG as a mandatory requirement for all cars in Msia. Isnt that easier and greener? Additionally solves many problems!
LPG vehicles have their own set of problems from lack of supply to maintenance!

jimmyay
31-05-2010, 12:23 AM
LPG vehicles have their own set of problems from lack of supply to maintenance!

I would agree if you are referring to outstation. However, there are a lot of place for maintenance for NGV in Klang Valley. You can really save a lot. But in Subang Jaya, there are only 1 station near Bomba & Balai Polis area, therefore it is pretty inconvenience.

Sentinel
31-05-2010, 11:09 AM
The way things are going, RON95 should be around RM2.40-2.60 per litre come end 2011. I am basing on 15 sen increase every 6 months...

jimmyay
31-05-2010, 11:21 AM
So, is 1st June 2010 the date for another increase?

AllUrban
31-05-2010, 11:22 AM
The way things are going, RON95 should be around RM2.40-2.60 per litre come end 2011. I am basing on 15 sen increase every 6 months... expect it to be higher.

When the government increase the petrol price in 2008, they actually moved to a managed float of 30 sen per litre. When the world price of oil and petrol dropped, they reduced the petrol price accordingly, until it came down to RM1.7 per litre...then they switched to RON95 and let the price increase to RM1.80 per litre --- but they kept the RM0.30 per litre subsidy.

Since then, the world price of oil and petrol has increased, so the subsidy is now RM0.45 per litre - meaning that if the government had followed up on the RM0.30 managed float, petrol prices would already be RM0.15 higher.

Hence, the increase coming up at the end of June is actually coming too late :eek:

Now...the summer driving season is about to begin, and the shock of the oil spill in the Gulf of Mexico still has not hit the markets. Also, there is a lag in economic activity as the markets correct themselves after pulling out of the recession.

That means that world oil prices and petrol prices will fluctuate for some time but they are on the way up

That means that, by the time the subsidy is removed, we may not be paying RM2.40-2.80 per litre, but perhaps RM3.00 ... if not more.

In the US they are already adjusting to USD3.00 or more per gallon. Canadians have adjusted to prices of CAD1.00/L and over in the UK prices are about GBP1.00 per litre....

So if you are planning to buy a car or buy a house soon, factor in the cost of petrol at RM3.00 per litre within, say 3-4 years.

Cheers, m

jimmyay
31-05-2010, 11:29 AM
expect it to be higher.

So if you are planning to buy a car or buy a house soon, factor in the cost of petrol at RM3.00 per litre within, say 3-4 years.

Cheers, m

:eek: :eek: :eek: RM3 per litre!! Please don't.

Rhiga
31-05-2010, 11:34 AM
BeEnd would like to increase the pump price as high as they can in order to collect money for the 1Cryony operating expenses..

But the good news is - drastic removal of fuel subsidy is akin to political suicide.. I don’t think they have the balls ..

Sentinel
31-05-2010, 11:58 AM
:eek: :eek: :eek: RM3 per litre!! Please don't.
Thats the price we should all use as a guideline... Hummer H3 5,000 cc summore, phew!

Imagine, RM150 to fill up a Saga!

AllUrban
31-05-2010, 12:42 PM
BeEnd would like to increase the pump price as high as they can in order to collect money for the 1Cryony operating expenses..

But the good news is - drastic removal of fuel subsidy is akin to political suicide.. I don’t think they have the balls ..it's always interesting to note that 'political suicide' usually happens because of economic reasons. Why did Obama win? Because of anger over the economy. Why did Abdullah lose seats in March 2008? Because of anger over the economy. etc...

So we can expect that, if world oil & petrol prices continue to increase, Malaysians will vote against the current government - and perhaps vote for the opposition to send a clear message that they are unhappy with how the economy is being managed.

The upcoming elections in Sarawak will be an interesting sign of things to come.

Cheers, m

aursong
31-05-2010, 01:51 PM
http://www.camriley.com/article/268/read/indonesian_oil_subsidies

It was not that long ago that Indonesia removed its subsidies for oil. They were subsidising it to the tune of 3% of Indonesia GDP. Suharto had tried to remove the subsidy and this, in part, led to the social instability that over-threw his junta-like dictatorship. As a liberal democracy the subsidy was removed without social disturbance. Another sign of how Australia's northern neighbour is maturing as a social and political entity.

If the country have a clear/transparent on what subsidy $$$ is going to be use on after it being removed, most people will support it... I would have support the removal of subsidy just like Indonesia did if the government had change...

Too bad the history have make us lose all faith in BeeEnd... whatever policy they introduce now... people will have their doubt...

AllUrban
31-05-2010, 03:26 PM
http://www.camriley.com/article/268/read/indonesian_oil_subsidies

It was not that long ago that Indonesia removed its subsidies for oil. They were subsidising it to the tune of 3% of Indonesia GDP. Suharto had tried to remove the subsidy and this, in part, led to the social instability that over-threw his junta-like dictatorship. As a liberal democracy the subsidy was removed without social disturbance. Another sign of how Australia's northern neighbour is maturing as a social and political entity.

If the country have a clear/transparent on what subsidy $$$ is going to be use on after it being removed, most people will support it... I would have support the removal of subsidy just like Indonesia did if the government had change...

Too bad the history have make us lose all faith in BeeEnd... whatever policy they introduce now... people will have their doubt...It is interesting to note that Indonesia had to remove the subsidy once they became a net importer of oil (and therefore had to leave the OPEC - the Organization of Petroleum Exporting Countries).

Malaysia becomes a net importer of petrol in 2011 or 2012 according to the latest estimates. Imagine, I was talking (warning) about this 5 years ago.

Cheers, m

zinglicious
31-05-2010, 04:12 PM
During the good times, oil revenue was squandered off to bail out Bank Bumi and even until today the accounting profit is still very vague. COmes the time where we become net importer like Indonesia, and the rakyat didahulukan to tighten thier belts?
Meanwhile, the state of public transport like the LRT and the buses are still in running as there were despite promises and pormises made to upgrade it USJ to KJ and 1Utama? Pencapaian diutamakan? Seemed like all wang diutamakan for all the buy election campaigns and posters for 1Malaysia slogan :p .

AllUrban
31-05-2010, 05:42 PM
During the good times, oil revenue was squandered off to bail out Bank Bumi and even until today the accounting profit is still very vague. COmes the time where we become net importer like Indonesia, and the rakyat didahulukan to tighten thier belts?
Meanwhile, the state of public transport like the LRT and the buses are still in running as there were despite promises and pormises made to upgrade it USJ to KJ and 1Utama? Pencapaian diutamakan? Seemed like all wang diutamakan for all the buy election campaigns and posters for 1Malaysia slogan :p .Here's some honest info - the government is not going to pay for the LRT extension.

Instead, Prasarana is raising money by issuing & selling 'sukuk' bonds - so far they have raised RM5billion (perhaps more) of the RM7billion (perhaps more) price tag.

If Prasarana wants more money, they will have to issue more bonds.

If you want to ensure that the LRT comes to Subang Jaya & USJ, better go to your bank or the local bond market and start buying Prasarana bonds.

Cheers, m

zinglicious
31-05-2010, 08:00 PM
Sounds like a great idea. Hopefully, they also do the same if they decided to buy submarines that do not submerge or jet without engines. Heck, they should also also rasie bonds for paying the PM if they decided that he deserved to get the salary and bonus as well.

bslee
31-05-2010, 08:20 PM
Our submarine can jalan or not?.. or still a dead fish in some tank?

Sentinel
31-05-2010, 08:38 PM
I think this thread has been hijacked.

kwchang
31-05-2010, 09:49 PM
I think this thread has been hijacked.
Quite right ... and I am getting a bit peeved with the same political bashing at the drop of the hat too. Nice to have zinglicious and bslee in the plantation.

bslee
31-05-2010, 09:56 PM
I only asked a simple question... WHAT POLITICAL BASHING DID I DO?

CHEH!

kwchang
31-05-2010, 10:52 PM
I only asked a simple question... WHAT POLITICAL BASHING DID I DO?
the submarine comment was loaded, and of you went off tangent together ... wouldn't be fair to have Zinglicious alone in the plantation

zinglicious
31-05-2010, 11:43 PM
Here's some honest info - the government is not going to pay for the LRT extension.

Instead, Prasarana is raising money by issuing & selling 'sukuk' bonds - so far they have raised RM5billion (perhaps more) of the RM7billion (perhaps more) price tag.

If Prasarana wants more money, they will have to issue more bonds.

If you want to ensure that the LRT comes to Subang Jaya & USJ, better go to your bank or the local bond market and start buying Prasarana bonds.

Cheers, m

Kerajaan Malaysia did not live with the promises made when they announced that they would used the money to upgrade the public transport after the oil price increase.
It was not hijacked, but loaded with guided missiles with intent. Just sorry that BSlee got caught with just one sub comment. :eek:

AllUrban
01-06-2010, 10:21 AM
Kerajaan Malaysia did not live with the promises made when they announced that they would used the money to upgrade the public transport after the oil price increase.
It was not hijacked, but loaded with guided missiles with intent. Just sorry that BSlee got caught with just one sub comment. :eek:Well...it depends on where you live, I guess.

For example, RapidPenang got 200 brand new buses (Scania K-Series) designed at EURO III/IV engine emissions standards and built in Malaysian factories at Pekan.

Putrajaya corporation got 75 buses, also built in Malaysian factories at Pekan.

And, an order was placed for 35 units of 4-carriage LRT trainsets - of which 10 are already operating on the Kelana Jaya line, with at least 18 operating by the end of the year.

So ... they did something ... but obviously the vast majority of the money 'saved' went to other places - such as the RM625 rebates for each & every registered car & RM125 for motorcycles (among others).

Cheers, m

Sentinel
01-06-2010, 11:32 AM
Frankly, the public transport in Penang has improved by leaps and bounds when they removed all the Yellow Buses and replaced with the new 200 Scanias.. one bus even serve the route from Bayan Lepas Airport all the way to Telok Bahang roundabout but the journey is about 2.5 hours lah but good for those sightseers coz the trip is only RM5 for the whole journey.

Now Penang is looking at reviving the old tram or perhaps the monorail but highly unlikely coz federal govt will not pay for the cost. Penang people wants to pay themselves but fed govt don't approve project. Thats how the federal government play with the life of voters.

AllUrban
01-06-2010, 12:03 PM
Frankly, the public transport in Penang has improved by leaps and bounds when they removed all the Yellow Buses and replaced with the new 200 Scanias.. one bus even serve the route from Bayan Lepas Airport all the way to Telok Bahang roundabout but the journey is about 2.5 hours lah but good for those sightseers coz the trip is only RM5 for the whole journey.

Now Penang is looking at reviving the old tram or perhaps the monorail but highly unlikely coz federal govt will not pay for the cost. Penang people wants to pay themselves but fed govt don't approve project. Thats how the federal government play with the life of voters.it will be interesting to see how Penangites respond to the increase in petrol prices as the subsidy decreases. It is quite likely that more people will take up motorcycles for short journeys & RapidPenang for longer journeys.

I only hope that RapidPenang can cooperate quietly with the Penang Transport Council & the other bus operators to work together to improve the system overall.

In the short term (2-3 years) Penang is more likely to see a bus-rapid transit system introduced - possibly on the Jelutong Expressway or to replace the proposed "PORR"

By the end of 2012 you may also see the electric train service arrive in butterworth - so KL-Butterworth will take about 3.5 hours, competitive with the car & bus.

There will also be a similar system in Seberang Prai and possibly (if they are bold enough) there will be special bus lanes on the Penang Bridge.

Once the petrol price increase takes effect, Penang may become an example of alternative forms of transport in Malaysia.

Cheers, m

besitai2007
10-06-2010, 09:53 AM
Using Pemandu findings, Idris Jala had predicted that Malaysia could be bankrupt by 2019 if the government did not begin to cut subsidies for petrol, electricity, food and other staples, which he said cost the country RM74 billion last year. But, in the wink of an eye, the BN government proposes relocating Parliament to Putrajaya at a cost of RM800 million. Where is the government to find all that money if it is cash-strapped. Looks like all of it is to be subsidised by us. Logically, if you are going bangkrupt why should you going build a new mansion for yourself instead of just repairing your old house?

Rhiga
10-06-2010, 10:14 AM
Logically, if you are going bangkrupt why should you going build a new mansion for yourself instead of just repairing your old house?

Bro,

Everything starts from PROJECTS.

No project -> no kickbacks, no commission, no rebate…

No kickbacks, no commission, no rebate –> no cronies

No cronies –> no support

No support –>no power

Country/government bankrupt, do you think they care or do they look like they care !!!!!!!!!!

jimmyay
10-06-2010, 10:27 AM
I think these politikus is testing water. They also worried that with petrol price up and subsidies gone will going to kill them all.

cskok8
10-06-2010, 03:03 PM
KTM is reportedly buying RM 2 BILLION worth of trains for the Kommuter service by direct negotiations. Wonder how much commission and / or service fee that comes with?

zinglicious
10-06-2010, 03:14 PM
Using Pemandu findings, Idris Jala had predicted that Malaysia could be bankrupt by 2019 if the government did not begin to cut subsidies for petrol, electricity, food and other staples, which he said cost the country RM74 billion last year. But, in the wink of an eye, the BN government proposes relocating Parliament to Putrajaya at a cost of RM800 million. Where is the government to find all that money if it is cash-strapped. Looks like all of it is to be subsidised by us. Logically, if you are going bangkrupt why should you going build a new mansion for yourself instead of just repairing your old house?

This is what I was trying to say when I was torpedoed with a banana from the plantation! Evrything is related with politics which is run in this country. From sub to plane, and now from KL to Putrajaya parliment mansion where the country is to be bankrupt. Raykat didahulukan, Projek diutamakan? This is where I would throw the banana skin to the politikus after savoring the banana. :p :mad: :p