Dec 032008
 

Let’s update the chart which Ong Eu Soon prepared:


Petrol price Global crude

RM/litre US$/barrel
01/10/00 1.20 35
20/10/01 1.30 20
01/05/02 1.32 26
31/10/02 1.33 28
01/03/03 1.35 31
01/05/04 1.37 38
01/10/04 1.42 47
05/05/05 1.52 48
30/07/05 1.62 57
26/02/06 1.92 63
05/06/08 2.70 120
17/11/08 2.00 55
2/12/08 1.90 48

Does this look right to you?

  37 Responses to “Does RM1.90/litre for petrol sound right?”

  1. Anil,
    You have been advocating strongly for a STRONG and WORLD CLASS public transport system. At this very time you are asking the Government to lower petrol prices. Lowering petrol prices will only make the public go back to using their cars even more. I think the push is for the Government to maintain a levy of petrol and then use this MONEY effectively to IMPROVE PUBLIC TRANSPORTATION system. Lets not jump into the bandwagon and simply oppose for the sake of opposing.

    On the other hand LGE is making ludicrous demands of giving RM6,000 per family using PETRONAS money. Seriously, why can’t he talk about using this money to improve public infrastructure? The very thing China is doing, pumping in USD600 BILLION plus to improve infrastructure, and not handing out money to its citizens just like that, where ther is NO Return On Investment, except paying for more imports with this sort of money handed out

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  2. quote: ruzaimiramza on December 3rd, 2008 at 9.14pm
    5. Can we at least take a breather and be thankful.

    I don’t know what else to say. end quote.

    hahaahaa kena sodomised upside down, still have to say thank you. BN/UMNO will sure love you the most.

    WAKE UP, DUDE!!! WE ARE SUBSIDING THE GOVERNMENT RM0.40 per liter!!! you know how much money they have robbed from us!!! so more malaysia is a petrol export nation. rakyat is supposed to enjoy cheaper fuel price!!!

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  3. ruzaimiramza, I agree with u. Sekarang ni orang ramai hanya tahu pertikai kenapa harga minyak seperti tak selaras dengan harga minyak dunia yang jauh lebih murah dan pertikaikan kita beri subsidi kepada kerajaan sedangkan kita lupa bahawa kerajaan telah membelanjakan 2.5 billion untuk membayar rebat tunai kepada orang ramai ketika harga minyak naik mendadak. Tidakkah kita sedar tindakan kerajaan untuk mengurangkan beban orang pada ketika itu? Bagi saya RM1.90 sekarang adalah lebih baik daripada tak turun langsung atau lebih baik daripada turun 50 sen saja seperti yang dijanjikan oleh Anwar suatu ketika dulu… Belajarlah jadi orang yang bersyukur…

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  4. Looks like we have a default Petrol Tax now.

    The concept of a Social Tax on fossil fuels has been suggested by many economists and environmentalists. I’m open to it with some very important caveats

    a) The Government needs to come clean on this – that we are paying them a tax on petrol. Not the spin and lies that they are doing now.

    b) What’s the formula, the mechanism ?

    c) The income from the tax should not simply become general government revenue. It should be fed into a special reserve – for funding public transport, environment-friendly projects, conservation efforts.

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  5. The 69 billion dollar question is what price is Malaysian crude being sold by Petronas? Does PETRONAS have long term forward selling contracts? How much did Petronas make during the oil boom in the last 12 months? Did Petronas get the advantage of booming oil prices?

    Questions? Questions? Questions?

    Any takers for answers?

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  6. So the Bolehlanders are greedy and stupid, smart Minister?

    Is the guomen who continues to tax enormous profit from the petrol pumps by not lowering the petrol price to RM1.40 (Crude oil price is USD46 this morning)too smart or too greedy?

    Is this the guomen “by the people, of the people and for the people” of is this the guomen”by the people, but not for the people, instead for the pockets of the riches and the cronies”?

    So you want all Bolehlanders to be very stupid so that they cannot understand simple mathematics?

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  7. Quoting Sam Gopal
    “Lowering petrol prices will only make the public go back to using their cars even more. I think the push is for the Government to maintain a levy of petrol and then use this MONEY effectively to IMPROVE PUBLIC TRANSPORTATION system.”

    I think the government has been talking about improving the PUBLIC TRANSPORT for decades but NOTHING SEEMS TO IMPROVE.

    If there is an EFFICIENT public transport, raised the petrol price to discourage driving, I will agree. Too bad this is not going to happen as it will cannibalized PETRONAS, APs holder and PROTON’s revenue.

    On second thought, I worried the public transport fare is not reasonable too. just don’t have good faith with the BN/UMNO government.

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  8. Saya beranggapan kerajaan perlu jujur dalam menerangkan kepada rakyat tentang isu harga petrol. Semua orang tahu bila harga minyak mentah naik, pendapatan negara meningkat. Tetapi kenapa kedengaran alasan bila harga minyak naik, negara menanggung beban besar. Apa yang beban besar itu? Adakah proses penapisan minyak? Adakah kos carigali? Adakah kos yang dibayar kepada so called local Oil and Gas co? Walhal, Petronas bukan main untung bila harga minyak mentah dipasaran dunia melambung sekalipun kos-kos dan penapisan diberitakan meningkat.

    Sekarang ini pula kedengaran, bila harga minyak mentah dunia menurun, ada kemungkinan pendapatan negara menurun. Jadi, serba tidak kena statement yg kita dengar dari kerajaan. Justeru itu, sebagai langkah terbaik kerajaan harus bersedia i.e alert. dalam menangani turun naik harga minyak dunia dengan merancang mekanisme harga petrol yang dilihat berjiwa rakyat. Dan kerajaan tidak perlu melengah-lengahkan mekanisme yg bakal diimplementasikan, kerana ia dilihat seperti tidak bersedia atau dengan kata lain cuba menyembunyikan sesuatu.

    Sekiranya kerajaan risau akan turun naik harga minyak di pasaran dunia sekarang, kenapa tidak kerajaan berfikiran sebaliknya dengan membeli minyak mentah yang sedang berada di paras yang agak rendah sekarang untuk dijadikan sebagai stok penimbal minyak mentah negara? Kemungkinan untuk menstabilkan harga petrol di dalam negara dengan adanya stok penimbal ini dapat direalisasikan jika dalam masa terdekat harga minyak mentah dunia naik semula. Saya percaya rakyat akan menghargai usaha-usaha murni kerajaan dalam menangani permasalahan turun naik harga minyak dunia sekiranya cadangan ini diambilkira.

    Mohon mencadang.. Terima kasih.

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  9. The average price of a gallon of self-serve unleaded regular gas nationally (in USA) is $1.80.
    http://www.bizjournals.com/phoenix/stories/2008/12/01/daily25.html

    US$1.80 x 3.64053 MYR = 6.55162 MYR

    1 US gallon = 3.78541178 liter

    Thus 6.55162 MYR divide by 3.78541178 liter = 1.73 MYR per liter.

    So you are WRONG! Really WRONG!

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  10. Opps my bad. I thought I saw you advocating RM1.50 per liter. At RM1.90 per liter is alright, inclusive of fuel tax. FYI, USA has among the lowest fuel tax in the world.

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  11. Confusion mystery solved. Lim Guan Eng was the one advocating RM1.50 per liter, which is too low and detrimental to the country’s budget.

    http://groups.yahoo.com/group/beritamalaysia/message/106520

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

  12. Pada pendapat aku la… Sebab aku dulu pernah pergi ke Petronas, time visit tu batch aku ada brtanya kepada pekerja yg telah lama berkhimat dan kat Petroliam Kerteh… Dulu sbelum tertubuhnye Petronas, Shell dah bertapak kt Malaysia (Miri) ni.. Sampai 1 ketika, Shell explore kawasan pantai Terengganu (Kerteh) dan mengenalpasti kawasan crude oil. Bila kerajaan persekutuan (BN) dapat tahu Kerteh ada potensi untuk dijadikan kawasan cari gali petroleum, mereka terfikir kerugian jika Shell buka lagi 1 pelantar minyak kat Kerteh tu. Sebabnya, kalaulah dapat keuntungan sekalipun, 60% Shell dan 40% Kerajaan. So, keuntungan kerajaan hanya sedikit berbanding Shell, utk itu, kerajaan (mase tu Mahathir masih jadi PM) telah tubuhkan Syarikat Petroliam Sdn Bhd (PETRONAS) di Kerteh utk melakukn proses cari gali kat Kerteh. So, pandai2 la agak kalau dah Petronas tu Kerajaan yg tubuhkan.. dah tentu keuntungan Petronas tidak dapat dinikmati sepenuhnya oleh staff dan technician mereka.. Sebab itulah, ada orang brkata, Petronas adalah salah satu company yg membayar gaji sedikit kepada pekerjanya berbanding company lain. Lagi 1, Petronas hanya melakukan proses cari gali tetapi yg tentukan harga adlah kerajaan. So, bila harga minyak naik, Petronas tidak semestinya mendapat keuntungan yg tinggi, sebabnya keuntungan itu akan disalurkan sebahagiannya kepada kerajaan.

    Moral of the story, Petronas tidak semestinya bersalah dalam kenaikan harga minyak

    Complain about this comment

    Like or Dislike: Thumb up 0 Thumb down 0

 Leave a Reply

Connect with Facebook

(required)

(required)

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>