Monday, September 22, 2008

New Finance Minister.. New Fuel Price?

I have anticipated all these while that the struggling BN government would want to do something popular in order to regain some lost "goodwill". They had forfeited their ISA card and if they persist with Abdullah, they would have forfeited their fuel price card as well. But now with the PM in waiting in charge of the Finance Ministry, he would want to secure his position as the new PM of Malaysia by doing something for the people....

While PM did ask us to "Wait la." to questions on fuel price reduction... the sounds coming out now is somewhat a bit different. Decision THIS WEEK.

Talk as they want... I can tell Malaysians that they will decide to lower prices at latest this Friday (26th Sept 2008)... ahead of the balik kampung rush for Hari Raya Aidil Fitri. But guess what? Despite it benefitting some who travel home by car... the biggest benefectors of this reduction would be the bus companies who have already charged a much higher price for their tickets and to earn some "windfall" from lower fuel cost... Still they wanna play hardball by saying the cabinet will decide on fuel prices.. come on la.. who do you wanna kid??? 15sen? 20sen? 25sen? Anybody's guess really but no doubt about it... the price will go down before 26th Sept 2008. So, to all out there, keep your tank to at less than quarter at all times... Saving RM5 per tank is quite a lot of money over one week.. :).

4 comments:

fergie said...

Good morning, Kevin. You think the petrol price will come down b4 26th? I just went to pump RM10 cos tomoro morning I have to take my doggie for grooming (her name is "fergie") and the guys manning the pump told me they expect it to turun on the 29th. I didn't want to fill up just in case it comes down soon. I malang wan .. always wrong timing (: Also, what's your take on the Khazanah chairmanship thingy :)

Malaysian Joe said...

Khazanah Chairmanship? Well, there must be earnest show of wanting to transfer power so some carrots are needed.. but I have maintained that if he seriously wanted to transfer power, he might as well give up defence ministry as well...

cleffairy said...

While I welcome the reduction in petrol price...the reduction have no effect on the already raising cost of living. Nothing can undo that, and contrary to the famous physic law where 'Everything that goes up, must come down', this kinda thing will only 'Goes up and never come down'.

Yuhhoo... Mr. Newton, can you hear me? Your theory cacat lerr... takleh pakai in semua aspect punya...

Malaysian Joe said...

Duh... looking at soaring crude prices... now I doubt if there will ever be a reduction... they may want to be cautious as while any reduction today would be welcomed, any future increases would cause an uproar yet again... Crude is back at 120/barrel.