Don’t expect pump prices to be constantly reduced: Najib
By WONG SAI WAN

LIMA (Peru): The people should not expect the pump prices to be constantly reduced just because crude oil prices had now fallen below US$50 per barrel, Deputy Prime Minister Datuk Seri Najib Tun Razak said.

He said the Government would stick to its planned review of pump prices every two weeks as this offered some sort of stability.[........]

Back to few months ago when the price of international crude oil was sky high; our Government kept on said they can’t continue subsidy fuel in Malaysia anymore. They also stressed that they wish to let the fuel prices in Malaysia go according global market prices.

While the global crude oil price is low now, why not let the fuel prices in Malaysia go free according global market prices? Have you heard what the Domestic Trade and Consumer Affairs said at Parliament on 18th November 2008? (more…)

The petrol and diesel prices cut effectively midnight today. Finally, the prices cut despite the international crude oil price already decrease for weeks. (more…)

Petrol prices cut by 10 sen
Sep 24, 08 2:08pm

The cut is the second in two months after hiking pump prices by as much as 78 cents in June. The hike had gone down badly with the public, sparking an outcry and even street protests.

Abdullah said in a statement the price of RON97 will be lowered by 10 sen to RM2.45 per litre, RON92 by 10 sen to RM2.30, while diesel would also be reduced by 10 sen to RM2.40 per litre.

The prime minister said the recent fall in world oil prices plus the weakening of the ringgit gave the government a window of opportunity to lower local pump prices.[.......]

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Today is 16th September 2008. however, Anwar doesn’t form his federal Government as he claimed before Anwar is forming federal Government with hope peaceful transition of power. He mentioned this on the press conference today 2pm. (more…)

Two days ago, he said new fuel price will be announced on 31st August only and now he announced the new fuel price effectively start from 00:00 23rd August 2008. Good news is the new fuel price was cut by 15 sen from RM2.70 to RM2.55 per litre at the pumps.

Just don’t understand why have to flip-flop all the times? I’m really tired with this one, how about you?

By the way, the inflation rate is 8.5% now. (more…)

I’m so sorry, I was misunderstood the 2 news. Thanks to Mr/Mrs Hi for pointing out my mistake unfortunately the email address is not valid.

Am I getting old?

Previously,

Govt To Announce New Fuel Price On Aug 31, To Take Effect Sept 1

KUALA LUMPUR, Aug 20 (Bernama) — The government will announce the new fuel prices on Aug 31, which will take effect on Sept 1, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Wednesday.[......]

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Govt To Announce New Fuel Price On Aug 31, To Take Effect Sept 1

KUALA LUMPUR, Aug 20 (Bernama) — The government will announce the new fuel prices on Aug 31, which will take effect on Sept 1, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Wednesday.

He said the new price would be based on the average fuel prices throughout the month of August and after deducting the 30-sen subsidy per litre.

“We are now monitoring the fuel price (in the international market) and I hope it will continue its downward trend,” he said after chairing the 4th National Water Resources Council meeting at the parliament house Wednesday.[......]

After a long wait, finally the Government is going to announce the new fuel price on 31st August 2008. Why took them so long to decide? (more…)

Come on, what you are waiting for? The fuel price can be hiked 41% effectively in a night, why can’t reduce several % for fuel price when global crude oil prices per barrel is dropping now?

PM: Govt may lower fuel prices

PUTRAJAYA: The Government is considering lowering retail fuel prices, in line with falling global crude oil prices, Datuk Seri Abdullah Ahmad Badawi said. [......]

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Sodomy, sodomy… what else the public is concerning nowadays? Wake up. This is not the matter we should focus on! How much price of goods you used to buy daily have been increased in less than 2 months after the fuel price hiked 41% in a night (00:00 at 5th June 2008)? You want a list, here you get a list. (more…)

Anwar was out from the Kuala Lumpur police headquarters on police bail. On the other hand, Raja Petra was arrested the Kuala Lumpur police headquarters. The timing is so nicely “match”. If anyone is looking for lucky number, perhaps you can consider asking it from police. (more…)