Thursday, September 25, 2008

Petrol Price Calculation? We are conned/robbed?

Remember this bull shit?
http://thestar.com.my/news/story.asp?file=/2008/6/5/nation/21461533&sec=nation

At that time they explain 1 barrel is USD 146 (1 barrel is 159 liter), so the calculation begins

Price per liter = 146/159 = 0.918 USD/liter (exchange rate ~ 3.3) = 3.029 Ringgit per liter.
Gov subsidize 0.30 ringgit per liter. Per liter for consumer = 3.3029-0.30 = 2.72 Ringgit per liter.

Ok.... so now the 1 barrel is USD 93 (1 barrel is 159 liter), so the calculation begins

Price per liter = 93/159 = 0.585 USD/liter (exchange rate ~ 3.45 'current') = 2.182 Ringgit per liter.
Gov subsidize 0.30 ringgit per liter. Per liter for consumer "should be" = 2.18 - 0.30 = 1.88 Ringgit per liter.

So why is our petrol price is at 2.45 ringgit per liter? Where is our "57 sen per liter" goes to? (2.45 - 1.88 = 0.57)
Dear ppl please take note.... we are not stupid.... We shall wait till next election... then you will know....

Our current petrol price should be RM2.182 (No need for subsidy also....) If got subsidy it would be RM1.88...... Evil or Very Mad #$%^ SOB

4 comments:

Koh said...

wat to do... they are government mah... always suck our bloody money... the whole economy screw up because of this shit... stupid fellow lead the stupid gov...

Vince said...

I think it doesn't have the intelligence to lead at all, mp lead themselves to the richest (more than sultan.... Istana Zakaria).

Koh said...

what to do.... all they know is to buy submarines nia...

Vince said...

We found out about the submarines, so they buy helicopter.
Now we found out about the helicopter, what else they want to buy? Tank? expect some one to invade us any near future? This is no longer the world war era..... Just one button then it is all gone, the whole earth can go to Hell!.