Most of us was expecting a fuel price cut to happen either on Friday or Saturday last week but the weekend came and went and nothing happened. I know some of you are probably getting a little anxious.
But no worries, the good news is there will be a price cut after all, and its once again an amount of 15 sen that will be effective midnight tonight.
The following are the new prices of fuel in Malaysia slashed by 15 sen each effective tomorrow, the 18th of November 2008:
Fuel | Old Price | Reduction | New Price |
RON97 | RM2.15 | RM0.15 | RM2.00 |
RON92 | RM2.05 | RM0.15 | RM1.90 |
Diesel | RM2.05 | RM0.15 | RM1.90 |
In other motoring-related news, the Deputy Prime Minister Datuk Seri Najib Tun Razak revealed that the Cabinet had discussed recently on whether to declassify the country’s toll concession agreements, but he declined to reveal any result, instead prefering to leave it to the Works Mnister Datuk Mohd Zin Mohamed to make a statement.
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AI-generated Summary ✨
Comments express frustration over the recent petrol price reduction to RM2.00 per liter, which is still perceived as too high given current global oil prices, with many believing it should be lower than RM1.90. Several comments highlight concerns about inconsistent government subsidies, taxes, toll charges, and how Malaysia continues to pay more for fuel compared to countries like the US and Thailand. There is criticism of the government’s pricing policies, perceived overpricing, and lack of transparency in subsidy management. Some commenters also question comparisons to US prices based on currency exchange rates and crude oil costs. Overall, sentiments are largely negative, with frustration about high fuel prices, government handling, and the impact on living costs, despite some appreciation of the price reduction.