Wednesday, December 3, 2008

Fifth price cut at the pumps this year - Do u feel like a begger?

Petrol and diesel prices at the pump are down 10 sen today, with RON97 petrol at RM1.90 a litre and RON92 petrol and diesel at RM1.80.

Prime Minister Datuk Seri Abdullah Ahmad Badawi announced this through a press statement released at about 5pm yesterday.

“As the world fuel price has had a sharp decrease lately, the Govern-ment has decided to once again reduce the retail price for the public’s benefit,” he said.

This is the fifth time petrol and diesel prices have been cut since retail prices hit a high of RM2.70 a litre in June.

Why only 10 cents ?!?!?! When it was rm2 per litre, the government said it's because the world price was averaged at USD64 per barrel. Now it's less than USD55 per barrel and even hitting a low USD48 per barrel, but why are we only getting rm0.10 reduction? This is really stupid...we are paying more and subsidy back to the useless government....

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