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Thursday, June 5, 2008

Oil Price INCREASE !!!




Start from today, in Malaysia, the petrol price is increased RM0.78/litre to RM2.70/litre (nearly 40% increment from RM1.92/litre previously). The diesel price is increased RM1.00/litre to RM2.50/litre (nearly 63% increment from RM1.58/litre previously).

Though, the Malaysian Govt will give cash rebate on fuel to the vehicles' owners, as the oil subsidy (will be given to the people upon the road-tax renewal).

What worries the people is, the other items such as groceries, building materials, buses/air fare, etc will increase too, due to the oil-price hike.

AND THIS HAPPENS AFTER THE ELECTION..... WHY???

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