Things that might spice up your life... Don't Worry, Be Happy
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???