Thursday, September 11, 2008

Pity Us Citizens

Why oh why? When the price of the crude oil went up as far as almost touching the USD150 per barrel, the government increased our petrol price. Soon after that, the price of all goods went up and causing inflation everywhere. Who are to suffer? The government said that they have already paid a lot for our oil subsidy, but with the increase of the petrol price, WE as citizen are the ones paying the price. All the government did was to come out and say they can no longer support such high subsidy and then increase the price of the petrol.
Recently when the price of crude oil went down to USD110+ per barrel, the government decided to reduce our petrol price. It was down a mere 15 cents. What the heck???!!! The price per barrel was reduced about USD30 per barrel and government only reduced RM0.15 per litre for us? They must be thinking that we are all stupid citizens or we never read the news apart from what they announced. Even with this reduced petrol price, the increased price of the goods remains and as usual, our salary still remains the same. We are a oil producer country and yet we get punished with high petrol price? Is this really logical and fair?

Furthermore, for the past weeks, the price of crude oil have been on it's downward trends, and yesterday even hit below USD100 per barrel. Then now the producer from the Arab countries says that they want to limit the output of oil per day in order for the price to stabilize. From their point of view, when the price is USD80+ per barrel, they earned. Then when it's USD145 per barrel, they are damn excited because their profits sky-rocketed. Now it's at USD103+ and they start to complain and wants to control the output. What is going on here? Can't they just pity us a bit? They already earned a lot, why can't they have some sympathy for us? With such a global trend and under such selfish government, end users like us will always be bullied....

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