Wednesday, November 19, 2008

My Views On Certain Things (Part II)

As we know petrol price has dropped another RM 0.15/=. After constantly dropping of petrol prices it has gone from RM 2.75/= per liter to now RM 2.00/= per liter. The government told Malaysian that the petrol prices in Malaysia would be reviewed on a monthly basis following the market value. 

Then yesterday it was told that the Government would want to maintain the price of petrol. I think it is done because petrol prices of the world dropped below US$ 60/= per barrel. 

Aren't they shooting themselves in the feet? When petrol prices went up to US$ 169/= per barrel they wanted a monthly review. Now that they have went down below US$ 60/= per barrel, they want to stop it and refuse to go down lower then the previous petrol price before the rise which is RM 1.97/= per liter (I think correct me if I am wrong). 

So do you think something is amiss? The petrol price hike and drop are not announced according to what they have planned by them. 

1 more thing, LOWER THE PRICES OF CONSUMER GOODS!! 

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