Petrol, Diesel Prices Reduced from Saturday

Here's some great news. The price of petrol and diesel at the pump will be reduced from Sat,Aug 23.The price of RON97 petrol will be reduced by 15 sen to RM2.55 a litre from RM2.70, while RON92 will be 22 sen less at RM2.40, from RM2.62.The premium Shell V-Power Racing will cost 10 sen less per litre, at RM3.05 from RM3.15.The retail price of diesel will be eight sen less at RM2.50 a litre. Prime Minister Datuk Seri Abdullah Ahmad Badawi announced the new prices in a statement after Friday's Cabinet meeting. He said the prices were determined by taking into account the actual price from Aug 1 to 21 and the 30 sen per litre subsidy borne by the government, while the subsidy for diesel, based on the new price, was 50 sen a litre.The cabinet decided to bring forward the enforcement date for adjustment of the new petrol price.For sure, this a good news for us as the consumers, but if we compare the amount of price increase is very large rather than the price decrease we will realize that the government still gaining lot of profit where as the community are facing problems every day. Although the price of fuel decrease, but the price of food stuff remain the same without can be controlled by government or us. Those who are involved in business and enterpreneurship will know that this is the perfect time to make lot of profit and they have the power especially for the chinese. Recently, the ticket price had undergo hiking of price for 30%, thus burdening the consumers who are poor and everybody who are using this facility. Although the government had said that they had tried their best in managing this issues, but the best solution has never been produced and done. We are in dilemma since it is our fault in some cases who are unable to manage the souces of our country properly and keeping dependent on outsiders. It is a big mistake exporting of our own oil without making storage and importing less quality of oil into the country causing us unable to decide our own price but we must follow the world price. We have no other choices except always trying for the best. We hope all problems can be solved and we always hoping like that. May God bless us in our life.

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