Comments on: More on the mysterious oil subsidies http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/ Let justice flow like a mighty river Fri, 25 May 2012 02:14:56 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: pluboy@takashi http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2526 pluboy@takashi Sun, 08 Jun 2008 16:44:04 +0000 http://anilnetto.com/?p=294#comment-2526 just change. change govt i mean. just change. change govt i mean.

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]]> By: kkn http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2523 kkn Sun, 08 Jun 2008 16:03:21 +0000 http://anilnetto.com/?p=294#comment-2523 What sort of logic is this?>> “First, look at the oil tankers at sea. If they are not moving and just floating out at sea, that means they have no crude or processed oil to transport. That is not happening and that means there is no shortage. “Second, go to the petrol stations. If there are long queues, that means there is a shortage. Again, this is not happening and this can only mean there is more than enough supply. “As an ex-oilman, I tell you there is no shortage.” >Cant he picture the shortage which arise from a sudden increase in demand? So much so that even when all the tankers keep moving, they are not able to satisfy the demand and thus causing prices to rise? What sort of logic is this?>>
“First, look at the oil tankers at sea. If they are not moving and just floating out at sea, that means they have no crude or processed oil to transport. That is not happening and that means there is no shortage.

“Second, go to the petrol stations. If there are long queues, that means there is a shortage. Again, this is not happening and this can only mean there is more than enough supply.

“As an ex-oilman, I tell you there is no shortage.”

>Cant he picture the shortage which arise from a sudden increase in demand? So much so that even when all the tankers keep moving, they are not able to satisfy the demand and thus causing prices to rise?

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]]> By: Samuel Goh Kim Eng http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2521 Samuel Goh Kim Eng Sun, 08 Jun 2008 15:12:22 +0000 http://anilnetto.com/?p=294#comment-2521 When we talk about oil subsidy There'll always be some mystery What you see are only figures tidy While the rest are hidden in some ministry (C) Samuel Goh Kim Eng - 080608 http://MotivationInMotion.blogspot.com Sun. 8th June 2008. When we talk about oil subsidy
There’ll always be some mystery
What you see are only figures tidy
While the rest are hidden in some ministry

(C) Samuel Goh Kim Eng – 080608
http://MotivationInMotion.blogspot.com
Sun. 8th June 2008.

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]]> By: raj raman666 http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2513 raj raman666 Sun, 08 Jun 2008 13:43:37 +0000 http://anilnetto.com/?p=294#comment-2513 Everythings going up but nothing come down except spending power. I am very very efficient wents comes to works.I dont have a driver althou i can afford one.With small company specialised and honour my words i survive throu many hard times but this hikes 1.My cost of travelling up by $1.00 perliter (use foor wheel drive diesel engine.) 2.My supplier just refused to supply some materials for my work until the supplier work out a formula to increase their running cost.(solve immediately by giving in whatever price) 3.In between i need to continue work or jobless which all my workers will be jobless or i absorb their salaries and counting the day i loose. 4.A 40% increace in actual term is not-the prymid works this way. 1.soil digger- need diesel-=increase 40% 2.The lorry driver/owner who buy from the soil digger increase 40%. Simple as that,my material cost increase between - u count mr.anil-i never pass my maths from form 1 until form 6.They increase per load of soil from $160.00 to $250.00 If i pass the cost to my customer - sorry now buyers market for works like mine. rajraman-This is the beginning after the goverment not performing-soon the businessman will not perform too.Later this not performing dease will spread like wild fire to the rest of Malaysia -ECONOMY SLUMP-COMING SOON. OR- should i terminates my workers now and keep quite which if i do that i can survive at least for the next 10 years goyang kaki.(CAN I BE SO CRUEL to my workers who gave me the 10 years luxury goyang kaki - MR.PRIME MINISTER) Everythings going up but nothing come down except spending power.

I am very very efficient wents comes to works.I dont have a driver althou i can afford one.With small company specialised and honour my words i survive throu many hard times but this hikes

1.My cost of travelling up by $1.00 perliter (use foor wheel drive diesel engine.)

2.My supplier just refused to supply some materials for my work until the supplier work out a formula to increase their running cost.(solve immediately by giving in whatever price)

3.In between i need to continue work or jobless which all my workers will be jobless or i absorb their salaries and counting the day i loose.

4.A 40% increace in actual term is not-the prymid works this way.

1.soil digger- need diesel-=increase 40%
2.The lorry driver/owner who buy from the soil digger increase 40%.

Simple as that,my material cost increase between – u count mr.anil-i never pass my maths from form 1 until form 6.They increase per load of soil from $160.00 to $250.00

If i pass the cost to my customer – sorry now buyers market for works like mine.

rajraman-This is the beginning after the goverment not performing-soon the businessman will not perform too.Later this not performing dease will spread like wild fire to the rest of Malaysia -ECONOMY SLUMP-COMING SOON.

OR- should i terminates my workers now and keep quite which if i do that i can survive at least for the next 10 years goyang kaki.(CAN I BE SO CRUEL to my workers who gave me the 10 years luxury goyang kaki – MR.PRIME MINISTER)

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]]> By: matt http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2503 matt Sun, 08 Jun 2008 11:33:46 +0000 http://anilnetto.com/?p=294#comment-2503 The world will never learn,take the greedy producer's if they would have upped their production n flooded the market we would have seen the last of these speculators. The world will never learn,take the greedy producer’s if they would have upped their production n flooded the market we would have seen the last of these speculators.

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]]> By: Johnny Cheah http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2498 Johnny Cheah Sun, 08 Jun 2008 09:35:28 +0000 http://anilnetto.com/?p=294#comment-2498 Don't waste time, just get the guy to resign. Into his 2nd. term and what did he gave us. Big price increase for petrol and diesel. During his 1st. term he gave us 30 cents increase for petrol. If you can remember, that increase is the highest that Malaysia Have experience. To the BN parliamentarians come on don't waste time. Join Paakatan Rakyat. It is your duty to do good for the people and country Don’t waste time, just get the guy to resign. Into his 2nd. term and what did he gave us. Big price increase for petrol and diesel. During his 1st. term he gave us 30 cents increase for petrol. If you can remember, that increase is the highest that Malaysia Have experience. To the BN parliamentarians come on don’t waste time. Join Paakatan Rakyat. It is your duty to do good for the people and country

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]]> By: pathfinder http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2497 pathfinder Sun, 08 Jun 2008 09:21:15 +0000 http://anilnetto.com/?p=294#comment-2497 After reading all the comments, I can see that we are all shooting the stars. The plain truth is this "Ask no questions and Hear No Lies". The key word is actually "Subsidy" which has no meaning unless the truth is told. We have Petronas CEO saying they don't make a sen even with the petrol skyrocketing.....But Badawi is saving RM13 billion per month on subsidy( correct me if I am wrong). So the figures don't add up. The next question is, if Petronas don't make the extras where was the Subsidies going to......? Huh, our BN Govt. is paying subsidies to somebody....not Petronas as confirmed by their CEO......Now, that should be the question of the year. I know I am not going to get the answers because RM13 billion per month is a lot of money. Knowing that we are all going to continue to listen to all the crap, bulls***, halftruth, lies..etc which have been thrown at us. People who have brains have migrated, leftout....or practically force to shut up of face ISA. Look what happened to Hindraf.. Its time to look to the ocean. This devil has been in power for too long. After reading all the comments, I can see that we are all shooting the stars. The plain truth is this “Ask no questions and Hear No Lies”. The key word is actually “Subsidy” which has no meaning unless the truth is told. We have Petronas CEO saying they don’t make a sen even with the petrol skyrocketing…..But Badawi is saving RM13 billion per month on subsidy( correct me if I am wrong). So the figures don’t add up. The next question is, if Petronas don’t make the extras where was the Subsidies going to……? Huh, our BN Govt. is paying subsidies to somebody….not Petronas as confirmed by their CEO……Now, that should be the question of the year. I know I am not going to get the answers because RM13 billion per month is a lot of money. Knowing that we are all going to continue to listen to all the crap, bulls***, halftruth, lies..etc which have been thrown at us. People who have brains have migrated, leftout….or practically force to shut up of face ISA. Look what happened to Hindraf.. Its time to look to the ocean. This devil has been in power for too long.

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]]> By: raj raman666 http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2496 raj raman666 Sun, 08 Jun 2008 09:20:15 +0000 http://anilnetto.com/?p=294#comment-2496 Recall back, If i am not wrong IDRIS JALA was appointed to clean up mess created by TAJUDDIN RAMLI. IN between his employment the brainless people want him to resign because he have the brain... So check it out-its true why the majority brainless people dont hire the minority with brain. I follows up about IDRIS JALA employment time and the political master warlords (in this case AAB very persistent to keep idris jala) pressure for him to leave MAS. Rajraman.Ocassionally got brain to recall. Recall back,

If i am not wrong IDRIS JALA was appointed to clean up mess created by TAJUDDIN RAMLI.

IN between his employment the brainless people want him to resign because he have the brain…

So check it out-its true why the majority brainless people dont hire the minority with brain.
I follows up about IDRIS JALA employment time and the political master warlords (in this case AAB very persistent to keep idris jala) pressure for him to leave MAS.

Rajraman.Ocassionally got brain to recall.

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]]> By: Scorpion http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2493 Scorpion Sun, 08 Jun 2008 09:02:16 +0000 http://anilnetto.com/?p=294#comment-2493 Scrap the NS programme to save money! Scrap the NS programme to save money!

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]]> By: yyy http://anilnetto.com/governance/accountability/more-on-the-mysterious-oil-subsidies/comment-page-1/#comment-2492 yyy Sun, 08 Jun 2008 08:39:45 +0000 http://anilnetto.com/?p=294#comment-2492 the govt brings hassan out to spin trying to add some credibility to their reasoning for the whopping hike. tell you what, hassan is just trying to bulls*** and I am prepared to debate with him;me a novice and he an oilman and lets see who is right. simply, take 2007 position. Petronas paid a whopping RM50 billion to the government representing more than 30% of the federal revenue. Now, whats the price of petroleum then. Average US$55 per barrel? After paying the federal government, how much did Petronas make? More than RM30 billion, if I am not mistaken. Fast forward now. Average crude now US$100 per barrel which is more than 50% higher than last year. Did the volume of production go down? No, it hasnt. So, the additional US$45 per barrel will translate to how many billions to Petronas in additional profits. Assuming 650,000 barrels per day, Petronas is making US30 million a day which translates to US$11 billion additional income per year. Would Petronas go bankrupt by foregoing this super profits? Answer is a clear no coz petronas still makes RM30 billion a year after providing the additional subsidies with the super profits! And I havent count the additional premium in pricing of Tapis crude over low quality high sulphur oil that the country imports for local use. Now, my argument will go out of the window if Petronas has sold forward its crude oil substantially. Well, we never know coz Petronas is even more closely guarded than St. Peter's in Rome. Who will benefit by maintaining the subsidy then? obviously, the rakyat! and of course the big time smugglers too. Surely, the smuuglers can be nailed unless the customs and other Authorities are "closing one eye". the govt brings hassan out to spin trying to add some credibility to their reasoning for the whopping hike.
tell you what, hassan is just trying to bulls*** and I am prepared to debate with him;me a novice and he an oilman and lets see who is right.
simply, take 2007 position. Petronas paid a whopping RM50 billion to the government representing more than 30% of the federal revenue. Now, whats the price of petroleum then. Average US$55 per barrel? After paying the federal government, how much did Petronas make? More than RM30 billion, if I am not mistaken.
Fast forward now. Average crude now US$100 per barrel which is more than 50% higher than last year. Did the volume of production go down? No, it hasnt. So, the additional US$45 per barrel will translate to how many billions to Petronas in additional profits. Assuming 650,000 barrels per day, Petronas is making US30 million a day which translates to US$11 billion additional income per year. Would Petronas go bankrupt by foregoing this super profits? Answer is a clear no coz petronas still makes RM30 billion a year after providing the additional subsidies with the super profits! And I havent count the additional premium in pricing of Tapis crude over low quality high sulphur oil that the country imports for local use.
Now, my argument will go out of the window if Petronas has sold forward its crude oil substantially. Well, we never know coz Petronas is even more closely guarded than St. Peter’s in Rome.
Who will benefit by maintaining the subsidy then? obviously, the rakyat! and of course the big time smugglers too. Surely, the smuuglers can be nailed unless the customs and other Authorities are “closing one eye”.

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