Fuel subsidies coming off

[Schwepps]

Breaking news: From today, RON95 and diesel will start inching up, a 5 sen increase for a start. RON97 will be at market price managed by the APM (Automated Pricing Mechanism)It's high time for fuel pricing to become more realistic.

 

[astroboy]

Aiyoo, 4 potter eat more fuel la.. die! Maybe should consider 6 potter..

 

[deep3102]

6 potter manual!!!

 

[E46Fanatic]

It will have minimal impact on the rakyat so they say..

http://thestar.com.my/news/story.asp?file=/2010/7/16/nation/6677639&sec=nation

as long as the savings, go back to govt spending to continue to stimulate the economy. They are doing well in this area with good public examples of spending RM800mil to build infrastructure which will surely benefit some people.:top:

 

[NCH]

I don't believe there's a subsidy at all. The "subsidy" is just a method the govt use to squeeze the rakyats for extra money, after making us pay exorbitantly for our cars.

Realistic fuel price? Refer to other oil-producing nations:

(as on June 2008)

UAE– RM1.19/litre
Eygpt– RM1.03/litre
Bahrain– RM0.87/litre
Qatar– RM0.68/litre
Kuwait– RM0.67/litre
Saudi Arabia– RM0.38/litre
Iran– RM0.35/litre
Nigeria– RM0.32/litre
Turkmenistan– RM0.25/litre
Venezuela– RM0.16/litre

source:

http://www.noktahhitam.com/malaysian-petrol-price-is-expensive.html

Sounds like a rip-off?

If you haven't already, please register to vote NOW. Otherwise don't bother to complain about politics.

 

[astroboy]

NCH, already, I'll take anything other than dacing..

 

[Schwepps]

Realistic fuel price? Refer to other oil-producing nations:

UAE– RM1.19/litre
Eygpt– RM1.03/litre
Bahrain– RM0.87/litre
Qatar– RM0.68/litre
Kuwait– RM0.67/litre
Saudi Arabia– RM0.38/litre
Iran– RM0.35/litre
Nigeria– RM0.32/litre
Turkmenistan– RM0.25/litre
Venezuela– RM0.16/litre

Do we want to be among the countries that are the most irresponsible in energy conservation? Our oil reserves are already on the decline and will run out in our lifetimes. We should make it last as long as possible.

 

[BlackE90]

I don't believe there's a subsidy at all. The "subsidy" is just a method the govt use to squeeze the rakyats for extra money, after making us pay exorbitantly for our cars.

Sounds like a rip-off?

If you haven't already, please register to vote NOW. Otherwise don't bother to complain about politics.

NCH, already, I'll take anything other than dacing..

That's already a prediction by Paul

 

[IanDaddy]

I am always for a more realistic , less manipulated (subsidised or heavily taxed) pricing schemes for anything not just for fuel. What about car prices ? SUCKS

 

[RIKI]

Anybody know what is the price of RON97 today?

 

[mizhan]

time to find a better paying job

 

[ice pop]

keep the bmw n walk. can do exersice at the same time.

 

[NCH]

I am always for a more realistic , less manipulated (subsidised or heavily taxed) pricing schemes for anything not just for fuel. What about car prices ? SUCKS

If our country does not produce oil, I'm happy to pay RM 4 per liter as long as we're paying the real price.

Yes, "manipulated" is the word. The subsidy is used to manipulate fuel price. Billions of RM are cashed in for every price increase, but we have no say in how the money is being used.

We're ripped-ff on so many levels:

Exorbitant car prices
High petrol prices (compared to oil-producing nations)
Highway tolls

What I like about driving in Malaysia: Incompetent cops & JPJ.

 

[NCH]

Do we want to be among the countries that are the most irresponsible in energy conservation? Our oil reserves are already on the decline and will run out in our lifetimes. We should make it last as long as possible.

I understand what you mean mate. Agree that we will consume more petrol if prices went down.

What's OK:

Increase fuel price to reduce demand and spend the extra money on sustainable energy R&D. Or to subsidize hybrid cars.

What's NOT OK:

Price has to be increased because the govt can't afford to subsidize anymore??? We have to pay the real price like Singapore, Indonedia, Australia, Thailand & Phillipines do? Come on man, we produce oil!! Just like how durians are cheaper in Malaysia & Thailand, than in UK & Japan.

If you haven't already done so, please register to VOTE.

Otherwise, live with it.

"It's like that wan lar ..."

 

[NCH]

time to find a better paying job

how about find a better government?

 

[NCH]

That's already a prediction by Paul

GOOD ONE! haha

 

[Schwepps]

Norway is also an oil producer but has the highest fuel prices in Europe, about 4x our price.

 

[morrogan]

Personally I think people in Norway also earning average few time higher income compare to us...

 

[NCH]

Norway is also an oil producer but has the highest fuel prices in Europe, about 4x our price.

But they have the world's best healthcare and lowest crime rates.

And higher education is free for all, including international students.

Just for comparison:

GDP (PPP) per capita (IMF 2009 data)

Norway US$ 52,561
Malaysia US$ 13,769

Their income is 4x as much.

Come on! Don't compare with Norway, we're Asians.

 

[blackrobe]

watch out guys, some OM's who browse these forums would like to come down you on like a sack of shite for government bashing... but use the excuse that this is a car club so its not related!!!! IMHPO..... bash away! Bloody lying bloodsuckers we have as elected representatives... :withstupid: