Petrol prices in Malaysia are expected to go up again because of the hike in crude oil prices worldwide. One barrel of crude oil went up to an all time high of USD$60 (roughly RM228) per barrel on June 20th 2005.
The Star published an article today warning us of our wallet’s impending doom.
Rumours are going around that the hike will actually take place tonight at midnight, 1st July 2005.
Petrol prices went up last month by 10 cents so it should go up by another 10 cents this month.
Time to buy a motorcycle!
How much do you think the price hike would be this time?
Update: At the same time, Petronas posted group net profit of RM35.5 billion. Can’t the government contra the raising fuel subsidies with raising tax income from the Petronas group’s profit?
After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history. An avid electronic gadget aficionado as well as big-time coffee lover, he's also the executive producer of the Driven motoring TV programme.
Your blog is defnitely on my radar screen.
Cheers mate!
bet ya it goes up 10 – 15 cents.. harhar.. now definitely gonna walk more, drive less…
. at least can burn the extra baggage, no? 
.
households with more than one wira certainly feeling the pinch. i feel for all breadwinners
I got news that it will be going up 5 cents by on 1st of July 2005. CHeers!
end of this year . it should be RM 2 – RM2.50 pe litre petrol?..
WTF.. GOV SUCKS.. they said = no gas subsidiary anymore.. but then where's the the money go? Their buncit PERUT!..
go to hell la Dolah hari hari mau.. !
Petro will increase 15sens by tomor…!!!
Bro, where is the reat of the money flowing to?
Please wake up. Mahathir's days of fantasy are gone. Pak Lah is revealing the real deal.
Some of you guys are complaining about why government should protect Proton, give them protection and stuffs. So now, Government wants to lift off all protection also, including the subsidised price for fuel. Why are you complaining? Dah kena btg hidung sendiri baru mau bising.
YOU should be asking, as an oil producing country, WHY cant we control our own fuel price?
Dear Mr Paul Tan
Why are you creating rumours ?
please see me in my office in PutraJaya on Monday morning 8.00am
wah………
waah i'm late at watching this topic… hey Paul, visited the office already or not? hehehe
The Prime Minister Datuk Seri Abdullah Ahmad Badawi him self have time to read this kind of blog? i doubt it, but hey who knows if it's real!
so what's up Pak Lah? went to warung kopi lately? or busy counting money?! just bear in mind, the judgement day will come, & in front of God there will be no more excuses!!! the same goes to all the leadership of M'sia… on that day you all will pay what you have done!!!
wah…. JAWA…. u real ?
SSSSSSSSSsssssssssssshhhhhhhhhhh
he might be reading