Now that oil prices have gone up by 41 per cent and diesel by even more, our planners should scrap the proposed second cross-channel road link for Penang.
If the RM4.8 billion second Penang bridge (all 24km of it, 17km over water) sounded like a bad idea before the oil price hike, today it sounds like [...]
Before the general election, they told us that we would become a net importer of oil by 2011.
Now, with the sharp oil price increase, they tell us we can remain a net exporter of oil until 2014-2015. You see, domestic demand will slow down. Some of us might turn to bicycles - and even live [...]
I was stuck in a massive jam after I went to pick up a friend from the Penang airport. No matter how hard I tried to avoid the petrol stations, it seemed like the whole of Penang was out on the streets looking for oil, before the price hike at midnight.
While listening to the radio, [...]
So the figure has been revealed. Petronas’ group profit before taxes, royalties, dividends and export duties amounted to RM570 billion for the period from its establishment in 1974 to 31 March 2007.
If you include the figure for the period until 31 March 2008, then you are probably looking at a figure closer to RM700 billion, [...]
Traffic jam on the Second Penang Bridge in 2020? Toll $$$ for UEM
In July 2007, the estimated cost of the second Penang bridge was RM2.7 billion.
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