November 19, 2008 @ 12:54 pm

IDIOT !!!!! try to get revenue from big bussiness companies and so on !!!!! I wonder why the hell worlds most important thing being taxed for other development !!!! If u use the petrol tax to build highway, only certain ppl will be enjoyion it since not all malaysian use highway , please use ur brain to think of poor ppl whom just using motocycle….!!!! If petrol is less, burden to all malaysian will be reduced, not only to certain malaysian like highway…..
FUCKING IDIOT BN & G …. Can Understand !!!!!!

OMG…. wait !!!! i noe BN & G are deaf !!!! so what 4 i nid to giv suggestion !!!!!

ANWAR ………….. PLS COME BACK FAST !!!!!!!

i noe even u wanna do good to country also bleedy fuckers like G and BN will try to file up cases on court on you !!!!!!!!!!!!

SHUT THE FUCK BN on next election !!!!!!!!!!!!!!!!!!
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TOTALLY, screw bn, fucker abdul razak baginda, so obvious lying about altantuya thing

OMG…. wait !!!! i noe BN & G are deaf !!!! so what 4 i nid to giv suggestion !!!!!

ANWAR ………….. PLS COME BACK FAST !!!!!!!

i noe even u wanna do good to country also bleedy fuckers like G and BN will try to file up cases on court on you !!!!!!!!!!!!

SHUT THE FUCK BN on next election !!!!!!!!!!!!!!!!!!

very true..it will remain a mystery forever…

we will be fooled forever…unless we give PR another 31 seats..till then we wont know the truth…

but even then BN will be a tough opponent and will use all the dirty tactics..

it is frustrating to know we are living like slave in our own country..we earn less,pay for everything we buy with unrealistic prices..cannot live the live we want even if we work hard enough!!!and some stupid minister suggest us to work 16 hours a day..and the same time we see an add on tv to spend time with family.

when they say something.why cant they just keep to their word??what is so hard doing that??and you saying it to 20 million plus people..and yet trying to make all 20 over million people dumb later when implementing it!!

frustrating!!can we do anything about it my fellow malaysians??or we gonna live like this forever??

now tell me, who must i believe more? a Prof in the related field or some G ministers? from the flip-flop G?

we’re still paying tolls for our roads…and some of these roads only cost about RM2 billion to build…some of which the government is paying up to RM500 million in terms of compensation for setting a lower toll rate….hey, if we’re saving RM20 billion/year..it’s enough to buy 1/2 of the toll roads in Malaysia which spare change left to maintain it for a couple more years…but oh well…our countries have so many advisors who are genius and are more capable to advise the government anyway…so i guess all of these would remain a mystery never to be solved….

“Shahrir said the Government was now enjoying some revenue due to the difference in the ex-refinery price and the price oil companies sell petrol to station operators.

He added that the revenue being taken now was a form of tax that could max out at 60sen per litre.

“After the station operators take their margin of 12.1sen and the oil companies take their margin of 19.1sen, we are left with RM1.69 from RM2.

“If the refinery price is RM1.30 per litre for example, the Government will be taking 39sen per litre as revenue.””

Hopefully everybody can now get a clearer picture…however, i’m really wondering though, in the USA, they’re using the same structure, but somehow most of their roads are toll free…as the TAX collected from petrol sale are used to build roads etc…Malaysia has been collecting tax from petrol sale up to 2002-2004, but somehow we’ve been paying toll for our roads for like forever…wonder why….

do refer to this website for more info on how the gas/petrol price in the USA is calculated

http://www.eia.doe.gov/bookshelf/brochures/gasolinepricesprimer/

and btw armandd…from 1 bbls of crude, we can sell almost everything as other products…it’s not like we’re selling just the petrol that we refined from crude oil…and btw, we import most of our crude from the middle east and their crude yield most gasoline compared to ours that’s more suitable for jet fuel…

Elaborating, Shahrir said that at a price of US$65 per barrel, the Government would not be paying subsidies and that the focus now would be on deciding whether to set a floor price or figuring out a way for the Government to get some income from the sale of petrol.

November 17, 2008 @ 9:38 pm

calvin_ngan,
oil price now is at USD55.95 per barrel, which is RM202 using 1USD = RM3.60. Well nevermind, let’s say our ringgit depreciate gila till 1USD = RM4, which brings the price to RM223.80. Now lets take 223.80 and divide it by 117 litres, and how much do you get? And don’t forget the 30 cents subsidy included in it as well. Once you count all these stuff, please come and tell me if your statement is accurate or just pure bs.

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The price of USD55.95 per barrel is for CRUDE OIL, which consists of jet fuel, gasoline, diesel, heavy fuel (ship fuel), bitumen etc. From 1 barrel you can only get around 30-35% gasoline if i’m not mistaken. You must also take into account the cost involved in refining the crude oil, transportation, storage, insurance etc. It’s not as simple as many people believe.

Tetapi kita harus ingat kerajaan juga memberi rebat wang tunai kepada pemilik kenderaan. Saya sudah pun mendapat rebat tersebut dan saya sangat menghargainya. Jika kita inginkan harga yang lebih murah kita harus berkorban. Kita hapuskan sahaja rebat tersebut dan harga minyak sudah pasti akan lebih murah.

Macamana ada setuju?

the malaysian will still complain when the price is even rm1… what make they satisfy is when the price becomes 0… then they will love the country…

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its not about loving the country or whatever shit it is…. its all just regarding not gettin’ fuel prices at the right price….. As of what u said, ur comment doesnt make sense here….. U said ppl will still complain even it Rm1 per litre… If the global market price is Rm 1 and malaysian fuel price is Rm1, i wonder who gonna complain…. i dont think so ppl will have the guts to question it as the price is similar to market price,,,, but then, if global market price 4 fuel is lower than rm 1and the governmnent sell it at rm1, of course ppl will start to complain bcoz you are over-paying…. so beware of what u say…. one more thing, only you yourself will get fuel price at zero if your father is a BN politician…. remember, even wanna go public toilet also have to pay RM0.30 sen, so only heavily drunk ppl will say fuel price at zero ….

calvin_ngan,
oil price now is at USD55.95 per barrel, which is RM202 using 1USD = RM3.60. Well nevermind, let’s say our ringgit depreciate gila till 1USD = RM4, which brings the price to RM223.80. Now lets take 223.80 and divide it by 117 litres, and how much do you get? And don’t forget the 30 cents subsidy included in it as well. Once you count all these stuff, please come and tell me if your statement is accurate or just pure bs.
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The standard barrel of crude oil or other petroleum product is 42 US gallons or 158.987Litre ,not 117Litre

I wonder what is the relevance of US$ currency to us as we are an oil producing company. We don’t pay USD for something that comes out from our own land. If ringgit drops weaker against USD, does this also mean our roti canai and mi goreng price would go up as well?

Besides when USD dropped to RM3.3 few months back, it didn’t affect our fuel price so where’s the connection?

At the moment, we must be subsidizing the government per litre. All of a sudden, as if the word subsidy has banished from the dictionary. Whatever happen to explaination of how much government is subsidizing per litre? Gone with the wind.

and yup, with the current crude price, the petrol price should be even lower than RM1.92 that we paid before the HUGE price hike and that’s not including the RM0.30 subsidy that they promise. for all i know, u can remove all subsidy from now, let us pay the market price, and save those money for the future to cushion the crude price hike in the future.

also OPEC lowering production? have u heard of law of supply and demand? the major oil consuming nations would be USA, China and India. USA is being hit hard by the economic crisis, thus lower demand..china and india is faring better but they’re not in the shape they have been in the past few years. americans are scrambling for small fuel economical cars, abandoning their pride and joy huge cars, SUVs and pickups making GM and Ford fall from grace even faster and effectively lowering demand for more oil…

and yes, the crude price would also be unpredictable, the last time during the middle east wars in 1970’s crude was predicted to breach USD100/bbls, but that obviously never happened, and last 2 months, it was predicted to breach USD200/bbls, that did not happen as well. what price would it be in the future? who knows, but at least let us enjoy the low fuel price in this economical trying times. for the future generations? well we’re stupid if we keep on relying on oil in the future..oil has changed our lifestyle in the almost 100 years it’s been important, perhaps we can find something else that would change our lifestyle for the next 100 years…

BTW, about OPEC cutting output, that was last months news. Do diff this time. Normally, prices will go up but not this time. I guess the Bush story is no longer valid as he will not be around shortly, China and India probably has bought forward to last them another 100 years, etc etc. Just not working this time.

Inconsistent, unstable and unjust. This is the government that Malaysian chooses.

I Gallon = 3.78 liter

Since BN like to compare, let’s compare to US.
Effective Petrol price = 2.05 * 3.6 / 3.78 = 1.92 RM!!

Najis .. out petrol prices COST MORE THAN US! You paying refinery workers in USD?

November 17, 2008 @ 8:27 pm
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ops haha, i mean since petrol price is lowered but i still dont feel a thing, impulse feeling suddenly feel like driving to thailand for a short vacation. but anyway, pls pardon my misleading statement haha.

i agree that if G reduces bit by bit really has very little impact on us consumer. we’re paying tax, and yet subsidizing our G back. i still believe that the rebate idea was dumb, else how much we have already been saved by now (imagine petrol price lower than rm1.92 now).