We have very little oil left and it is important that we conserve it instead of over-producing, says Tengku Razaleigh Hamzah.
Wise words indeed. Ever barrel we extract from the ground mean one less barrel for future generations. It also means one more barrel converted to fossil fuel emissions.
Razaleigh adds that if oil royalties that by right are due to the various states are not paid, the BN can kiss goodbye to its hopes of ever recapturing Kelantan and it may even lose Terengganu.
He also cites the case of a company allegedly siphoning oil worth a huge amount via a pipeline to a refinery some time ago.