Quote in The Star:
Shahrir, who said the average world crude oil price for October was US$76.40 (RM267.40) per barrel, said the average for November might go below US$70.
“So (if this happens) the price of petrol at the retail level will probably go back to RM1.92 per liter,” he said.
As a cap has been placed on a price of RM1.92 per liter, he said if the world crude oil price goes down even lower than that, the Government could end its fuel subsidy and use the money for other purposes.
Yet again GOV proves to be the not trustworthy. They use the OIL price upscale to justify the petrol price increase and cause so much burden to the Rakyat. They even promised to up hold the RM0.30 subsidy NO MATTER WHAT HAPPEN.
Reading the article in "TheStar" shows that GOV already eating their own words.
Take a GOOD look at Thailand, their fuel prices is not subsidized BUT they have no Tax on car, no road tax, and no TOLL. Can our GOV do that? Ha ha ha ha....
If you want to follow the global fuel price, we the rakyat is not stupid and believe in all to dumb calculation estimate which was shown to us. We just need to take a glance at Thailand Petrol price..... WE are SMART but not power yet, wait till the next Election! We will show u. Els; please smarten up or change your line up. M'sia GOV is OBSOLETE!
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