Wednesday, June 4, 2008

Petrol price...up again

Not feeling well today....whole body ache and feeling feverish. The last time i think i had fever was last year....very long already. I skipped gym today and just rest....I think I needed a lot of rest. Lately, I find myself so tired and exhausted...just could not stop feeling tired...two days durinng the weekend not good enough i guess or did i ever rest ? hahaha

Today the news finally arrived....yes petrol price would go up because our government make a stand to not subsidised the petrol. It went up to RM 2.70 per litre now. That is a lot!!!! considering i am driving a kenari car, I have to pay close to 50% of increased in petrol prices. What is more, it is speculated that in august, it will went up to RM4 per litre. I start to wonder to cycle to work.....but then I might end up a dead man in the office later hahaha. The distance from my home to the office is 48KM...yeah and no public transport!!!!

Govt said that we still have the cheapest fuel price in Asia....but in Asia, how many of this countries actually have oil reserves at their own backyard? The number is rather limited. Then we should not compared with those countries because they are importing !!!! of course their price would be higher. We in Malaysia have 2 to 3 oil reserves, and yet we have to buy at market price.....you know it is like asking the son of a farmer to pay what is the market price of the fruits he reaps. By right, we should be having a lower price than anywhere else in Asia. Sweden without any oil reserves are paying RM6 per litre. But Sweden imported the oil...and so understood that the purchasing price would defintely gave way to the hike. But then if we have in august RM4 per litre....that is a real joke for a place where we owned oil ourselves.

I find it rather dissapointed and angry in a way. We have this tax on our cars which we pay more than anywhere else in Asia country and then we have this fuel price that is also according to market price....i find the govt is bullying us more than helping us. A kenari in Malaysia actually worth a Honda in Thailand....why? Because Thailand do not have the "duty" that they have to pay. If the govt is removing the fuel subsidy of the market price then they should also remove the tax on car sales, to exercise what they preached. I dont even want to go with the highway toll......if you want to compare with other countries....no need to look far, take Thailand for example. Free excess of their six lane highway!!! Not a single cents required to use this highway. We have to pay for our highway that is flooded!!!!

With this fuel increase, soon there will be more to come.....foods, basic commodity, transport, toll and others would follow suit. At the end of it, you would have the highest inflation in the region....May the Lord bless us then....

Suddenly I feel myself so right about my migration plan. Of course living overseas would also subjected to the fuel hike, but at least I have a good inter-connected public transport that is convenient and safe to use. At least their food is not that expensive...take Singapore for example, you still can get a bowl of noodles for SGD 2. Here a bowl of noodles of the same size cause you at least RM 3.50. That is inflation and standard of living.... I am not comparing currency but value for value with the assumption you earn the local currency.

Ok time to go to sleep now....

PS: Today saw a few petrol station running out petrol and closed. Cars are lining up to the station row by row causing massive jam.....This sort of scene can only be happening during petrol price increase hahaha

No comments: