Comments on: Crude oil spikes 16% on US banking bailout

By: ALPINA BMW

ALPINA BMW — Thu, 25 Sep 2008 10:38:57 +0000

us has nothing to do wit malaysia

By: LittleFire85

LittleFire85 — Wed, 24 Sep 2008 14:10:28 +0000

Yahoo… As what i predicted 10 cent reduce! Tomorrow onward will be RM2.45 for Ron97, diesel RM2.40, ron 92 RM2.30/Liter

Hehe.. So easy to predict BN move.. Thanks for the 10cent candy, yum yum sweet for a moment… but last how long? Now the crude oil in US is going up up again…

By: wei_tsung

wei_tsung — Wed, 24 Sep 2008 06:48:19 +0000

news report on mkini says gov may reduce petrol price by 10 cents within next few days. hmm. maybe i should pump quarter tank first and wait.

By: whiteeye

whiteeye — Wed, 24 Sep 2008 06:24:31 +0000

Sucker BN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1

By: whiteeye

whiteeye — Wed, 24 Sep 2008 06:23:49 +0000

cant wait untill BN collapse wtf always like tis wait untill when they want to reduce the petrol if not for MR. A today do u think BN will low the price, call wait untill Barisan Nasiaonal collapse my ASS!!!

By: bmpower

bmpower — Wed, 24 Sep 2008 05:59:13 +0000

now what i see is.. Gov being stewpid..
Bz with oil price. Economy getting poor and bad. (a little)

Why they just can’t follow on what Mahathir did before?
Stick the price on average price. (with subsidy plus minus)
No need to do all this ‘tiring’ thing!.

Now they had too many works to do..

By: SY0H

SY0H — Wed, 24 Sep 2008 05:28:41 +0000

“I quote”
9166 said,
September 24, 2008 @ 1:55 am

You know that all of our official media are controlled by the big “G” right? *wink-wink*. There’s a reason to do so; not to scare away the investors. We are running out of investors. Heard a guy from KLSE says that more than RM100 Billions investment is being pulled out due to the economy uncertainty. Then again, it may be an understatement to convince the ‘rakyat’ everything is okay, no worries. Haha. I wish!

By: dr_carz

dr_carz — Wed, 24 Sep 2008 05:20:17 +0000

YES RIGHT OUR MAJOR CONCERN IS THE WORLD FINANCIAL ISTITUTIONS AND AMERICA’S ECONOMY. ITS NOT PAK LAH OR BLAMING BELOVED WORKHOLIC NAJIB WHO HAS 37 COMMITES TO CHAIR!

ABOUT THE COMITTE YES PAK LAH IS LAZY ASS!

BUT THIS IS THE WORLD CRISIS…

By: tananiki

tananiki — Wed, 24 Sep 2008 01:20:53 +0000

country not smiling but those ppl earning money from their ppl r smiling…

By: dothan

dothan — Wed, 24 Sep 2008 00:54:46 +0000

Hi guys… no need to afraid about the 16% spike. The trader bought back the contract at higher price because the contract expire date is getting near. If they don’t buy back then they are forced to deliver the oil physically.
You may google for the analysis of yesterday oil price spike and see how bad is the reporting media (e.g. bloomberg) reported this spike. Seems to me, their claims and analysis are baseless.

http://www.twonilblankblank.com/2008/09/22/bbc-vs-bloomberg-on-the-25-dollar-oil-spike/

By: rexis

rexis — Wed, 24 Sep 2008 00:16:19 +0000

Don’t be naive, the greater danger is the lurking financial crisis. Oil price seem irrelevant now, actually it is EVERYTHING going roller coaster.

Crude palm oil is taking a hit too down to RM2200++ per ton. So our two biggest income, petroleum and palm oil, is full of uncertainty. And the whole world is pretty much at the mercy of USA.

Seriously, nobody will smile.

By: azrai

azrai — Tue, 23 Sep 2008 22:43:07 +0000

Pak lah and Khairy will surely smile this time.

By: 9166

9166 — Tue, 23 Sep 2008 17:55:18 +0000

I agree 100% but don’t compound our problems by making money from us.
The rakyat is not silly. We too can make some calculations and it does not add up.

BTW, i did read somewhere that a minister said that the problems in the US will not affect us here in Malaysia.

You must know something more that the minister doesn’t.

By: bobdbilder

bobdbilder — Tue, 23 Sep 2008 17:13:40 +0000

It is amazing how people are ignorant on how crude contracts are done. There are reasons why they call it futures and contracts. Nations buy on monthly contracts in bits and pieces and not necessarily daily prices. Stop blaming everything on cronyism.

Right now, fuel price is the least of people worries. The US Congress is deliberating on the release of USD 700bil to bail out of the financial instituitions. If Congress don’t agree, then the whole world will be in recession.

Then we will start to worry if there is enough money for food. I don’t see ANYBODY coming out with a solution. Coz there is no silver bullet. Stop hoping that changing the top guy will help global economic forces. We can only manage to reduce the effect. But recession in almost inevitable. Some so called leader ask why there is no FDI into Malaysia when they bloody know there is a financial crisis. You’d think people want to invest when the future is uncertain? That is dumb.

By: LittleFire85

LittleFire85 — Tue, 23 Sep 2008 12:36:30 +0000

I think if the condition is still went up… The most they reduce i think around 5-10 cent only…

So, bad luck for Najib also.. For sure those big cronies wont let him reduce price so fast 1.. See before these few days, even the fuel price drop so fast they also went so quite.. Diam diam ubi, Untung untung duit..

By: mofo

mofo — Tue, 23 Sep 2008 10:45:00 +0000

I guess they will still lowering it for the sake to win against ours heart. But this amount would be minimal.

By: Roti Naan

Roti Naan — Tue, 23 Sep 2008 09:54:58 +0000

Yeah, during Raya, the Govt would not announce petrol price increase one….later many people would not balik kampung….susah wor…

By: awak

awak — Tue, 23 Sep 2008 08:44:28 +0000

well,,,, superpower toying with oil.

By: MAJUPERAK

MAJUPERAK — Tue, 23 Sep 2008 07:36:15 +0000

Relax …. deifinitely will be a Raya goodie for all …. maybe not as much as everyone expected …. now our beloved govt will have this “excuse” for them to say we tried our best …. bersabar lar

By: Croc

Croc — Tue, 23 Sep 2008 07:11:48 +0000

lol.. wait la for tomorrow announce…

By: jehutyz

jehutyz — Tue, 23 Sep 2008 06:10:25 +0000

When want to announce then price go up….
Imagine this… when price go down – we investigate how much should go down. After decided and want to announce…. price hike up… due to that… no announcement.

By: Dogster

Dogster — Tue, 23 Sep 2008 06:05:13 +0000

We are all doomed!!! Thank you petrol!!!

By: tananiki

tananiki — Tue, 23 Sep 2008 05:57:17 +0000

already told u all… tis gov is sucking our blood…other country with no exportation on crude oil is covering their lost while our country gov is making money on us…

By: Bebelon

Bebelon — Tue, 23 Sep 2008 05:29:12 +0000

if every month the crude oil price is fluctuated like this, don’t hope the gov will adjust the retail price. they should adjust accordingly, maybe bi-monthly basis.

If every month end closing is high, mid month is low….haih!!! unless they take average price..

By: torque

torque — Tue, 23 Sep 2008 05:20:48 +0000

Hahaha…I know it’s to good to be true! Dah agak dah….

By: austin_cipan

austin_cipan — Tue, 23 Sep 2008 04:45:15 +0000

abes laaa,, tak balik raya laa tahun ni… hahaha