It seems that the Petrol Dealers Association of Malaysia (PDAM) isn’t the only body that’s not chuffed with the government’s switch back to a weekly float system from next year. The Bumiputera Petrol Dealers Association of Malaysia (Bumipeda) is also lamenting the decision, and said motorists might even find the supply of petrol and diesel at fuel stations drying up by January 1 as a result of the move, the Malay Mail reports.
This is due to the refusal of fuel station operators to add up on their reserve supply by the end of the month, according to Bumipeda president Datuk Abu Samah Bachik. Such a move would simply incur losses, he explained.
“Certainly, we do not want to restock on fuel prices which would be at a higher rate at the end of the month, only to sell it for less from January 1 onward,” he told Berita Harian, which originally reported the news. He added that if the government had kept to a monthly flotation price system, stations could continue operating at a profit and keep up with their operational costs.
“The government’s decision to use the weekly floating system again, which comes into effect on January 1, is likely to cause problems for operators. I admit the refusal to restock on the fuel reserves might be seen as a protest, but it is a necessary step to ensure we do not experience constant loss,” he said.
The government, he said, should have invited petrol station operators to discuss the matter before coming to a decision. Abu Samah said that while the government’s responsibility is to safeguard the consumers’ welfare, running a petrol station was a business and operators need to bear running costs by generating profit.
“How do they expect us to continue operations and fulfill demand if the government’s decision is unjust when it comes to the mechanism setting the price of petrol on the market,” he said. He suggested that the best way to resolve the matter was to retain the monthly fuel price mechanism, which makes it easier for operators to manage the purchase of reserve supplies and the selling rate to consumers.
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What a nice place to live in this U turn government XD
U-turn or not, they are not corrupted like the previous regime.
We know the new clean government tries its best to save the nation, unlike the previous corrupted government.
Thank God we rakyat voted for the new caring Pakatan government. They do not pay cybertroopers to spead fake news and like the same post 1000X
We should not expect everything to be free
cybertroopers will not prevail!
Civic superb fc. Less trip to stesen minyak..
Malaysians can just complaining on anything. Please be grateful
There is a strict law that only 1 person can get one lesen. But during the previous corrupted regime, many Bumipeda cronies each got about 10 stations. Yes, you read that right. There are many kronies from the previous corrupted regime who have about 10 stations each.
And these guys made tens of millions of ringgit each whenever price of petrol went up. At that time, they never gave Government back a single sen for the UNTUNG they made when petrol went up
So shameful, now just one time price going down, they threaten the country
this all guaranteed profits skim need to stop. From borrowed money to e.g. ASB & TH 8% feedings… KWSP dapat 6% aje.
Most stations in Klang Valley earn minimum RM100k to RM1 mil plus per month.
No station earns less than RM100k per month.
Time for these greedy dealers to give back to the rakyat.
Pls give up your license. Many people want it now also
Bunch of lazy fellows. When petrol go up, these guys make millions in clean profit. Then they keep quiet. Now, when petrol go down, which is not often, they make big noise. Last time, they even asked gomen to subsidise their losses
But most times it went up, they each make tens of million ringgit
We should open the petrol lesen to everybody in Malaysia and not a selected few. This alone shows how lazy and incompetent PDAM is
where’s your anger for chicken egg farmers in Penang, of which 70% closed shop sighting high price of feed as reason to shut down, causing massive increase in egg selling price?
when feed prices were normal, they make millions. now when feed prices go up, they shut down. always want to untung, cannot rugi sikit for convenience of rakyat…
this is a car site. We talk about car related. Petrol is car related. We do not talk about chicken farmers.
zahid
different subject, but same argument. whats wrong with that?
who said there was no anger?
rakyat voiced dissatisfaction till it made the news and to minister’s attention.
what tempurung you’ve been living under?
Government should make sure all the PDAM members employ local people. All Petrol stations employ foreigners. Cheap labour. If you calculate the number of petrol stations in Malaysia- this deprives Malaysians of few hundred thousand jobs.
PDAM cry they are patriotic and always ask Government for help but they themselves never employ Malaysians.
Why don’t PDAM start giving back to Malaysia by emplying locals? So many locals got no job
Just like AP holders, people give contract but so lazy to perform. Sell the AP to other people.
tens of millions ringgit? do you know how much commision is per litre? how much is sold? the overheads?
do you concrete figures or are you just talking out of your arse, purposely making basesless claims to cast these dealers in a bad light to cover up the weakness of current admin?
Same type of workers in Proton. All lazy. Work hard please or give up your licence
Ah, the common my sides is good / the other side is bad. No wonder we had 27 years of BS, because on either side we have enough people to accept the bullshyt as long as its their side is winning and the other side is losing. Ptui!
Takde apa pun berubah in the ‘Malaysia Baru’ era!
Sama saja perangai
Stop u-turning!
The previous corrupted government also never fulfill their janji.
30% reduction of car prices mana?
The old regime only duit and provided dedak to cybertroopers like John.
Then the same cybertroopers spread fake news and dengki because the new clean government took over
This fuel station operators refusal to restock on the fuel reserves is actually they protest. Rakyat, our economy & govt held at ransom by snobbish greedy & sellfish them.
These pampered bunch of people are holding the country at ransom. It is like UGUT. They should all be arrested under SOSMA
They are threatening the security of the country
@Pakatan Kuat Tidur….
Malaysia Baru and Malaysia lama is the SAME because political parties only have just changed.
It is the same lazy people running the country who are always demanding for bantuan. Same people in Putrajaya.
The same pipu in Putrajaya were the Oppo last year
The current pipu in Putrajaya gotta clean up the huge mess done by the current Oppo
The current ‘pipu’ told you they needed to clean a huge mess just to justify being there, but in reality, the mess was done by the current ‘pipu’ when they were there previously. You were easily taken by empty promises.
At least now, corrupted politicians are punished.
This was unimaginable during the times of the previous corrupted regime
Back then, corrupted politicians are jailed. Now, corrupted politicians are in Cabinet.
Wah Liao,,it seems like a form of threat to let the pump run dry n let motorists get stranded without petrol.How come,unde r the rogue regime…this threat isn’t there?Strange…in fact before PH won,these same dealers have been taking in profits due to rising oil prices.Do u know Petronas is not making money in Canada due to very depressed gas prices?Can they ugut the Canadian gomen to help them untung?Can any of these dealers answer this question?
Yup. In New MY, the businesses and lawbreakers wins but the pipu loses.
New MY or old MY still the same lazy pampered people
Lawbreakers wins a trip to bamboo river..
To breakout the biggest lawbreaker.
unless this is the only system in the world that we practice, i wonder how other countries adopting the weekly, think some parts of usa, even daily float of price survive !
The one used in the USA and Australia is not daily float, it is the free market. They can sell at any price they want but if sell too expensive, people will buy somewhere else that sells at a lower price.
This is something that most Malaysians, including most forummers here, find very hard to accept.
letting the petrol dealers setting their own price is the worst idea ever. you think they’ll just sell cheaply to attract customers?
did it ever come to your mind that they will just create a pact selling petrol at higher price agreed among themselves? leaving consumers paying more?
That’s true. They will create their own Cartel. We need a fair and regulated industry.
yup, like nasi kandar cartel
Which is why enforcement is key.
You really think in America they are not familiar with cartels?
In MY, cartels r now known as lobbyist and NGO. Everything is legalised now, just need to pay money.
US lagi canggih. Different station, different price. Up to station owner to sell how much they want.
Though a weekly float would benefit the rakyat but putting myself in the petrol station owners shoes, it will be a pain in the 455 to manage a weekly float.
that just a business challenges, like other businesses in different industries..
There is no unjust decision. Crude oil price like any other commodities fluctuate according to market supply and demand. It is the operator. All they want is profit. Risk and market volatility all push to consumer and government. Please wake up.
Agreed. KPDNKK Please wake up!!
all the operators want is consistency. current government’s decision to reduce Ron95 price only happens after opposition MPs make noise. You guys didnt even realise if not for KJ etc.
Is not about opposition KJ make noise, before that they already mentioned every first day of the month they will announce new petrol price esp for RON97 and it will be the same for the whole month. Petrol operators made profits when RON97 keep on going up what, didn’t hear they complain profit too much?
Don’t whack the opposition now… they’re doing what they are suppose to be doing. While whatever the govt or opposition issaying we need to read into it carefully and ponder on the data given.
Yes price of oil has tumbled alot… but we have been paying RON95 at the same price for 2 months. Thus govt have been milking people’s money for every litre we pump. Where is the justice in that. Let it float. Petrol kiosk owners have to bear it when the price goes down… they are quite happy sitting quietly when the prices go up.
Someone made calculations b4, here it is
If subsidised 30sen for 100L, that’s only Rm30 savings.
If PH honoured their promise and give Rm1.50/L, that would be a savings of Rm70.
That means each rakyat was actually subsidising the Gomen Rm40 per 100L!!!!
Copy pasting that.
What constant loss are you talking about? It’s just one time when we reset the price! If u can’t take one small loss for a long term gain and protest thru a dry pump, pls gave the license revoked and open it to business man who know what business means. Sekian. Terima kasih.
Very simple solution. Open up the opportunity to operate petrol station for everyone. Operator who are willing to accept the risk shall continue to operate, those who caan’t accept the risk can simply stop, let others have a chance. Petrol station operator runs a business like everyone else, they should not be exempted from business risk. Do the people owe them a living?
Where in the world is there guaranteed profits?! If you are in business, there is business risks. Manage it instead of asking for protection all the time! Let free market rule.
Got. ASB
Put in ASB and TH. Guarantee Profit
FD too.
just get a zoe.
i guess all petrol dealers behave like they can never incur any loss… just like putting money into a fixed deposit.
I bet everybody else would love to be a petrol station operators but not everybody can be one because everybody know how they are selected…
please run the station business like everybody else because in business there is always a cycle of profits & losses, there are ups and there are down times
These buggers are almost as useless as the 1S Proton dealers who were whining about upgrading to 4S.
Even with monthly fuel price mechanism, if dealers know next month’s pricing is lower, they too will NOT stock up, leaving taps dry at month end.
Same same at the end of the day.
Imagine if it was opened up to free market. Sure these buggers will be at wits end. This is the result of 40+ years of mollycoddle.
when you are pampered all your life, what do you expect?
Government pls take over those retailers who is threatening not to sell if price is low!
business has its risk & rewards … these guys only want rewards with no risk, want guaranteed profit.
Only in Malaysia, all these special group of business man expect guarantee profit one.
tell that to the egg farmers in penang that shut down because chicken feed went up and now cannot untung anymore. now price of eggs gone through the roof- c grade, from RM9+ to RM13+/ carton (30 eggs).
If they know the price is going up they wouldn’t complain would they? So why complain now?
So……if they are making this much noise, that means the price are dropping, right?
Pakatan Harapan = Pakatan U Turn
DAP = Dah Ada Penyakit
Penyakit lupa. Penyakit UTurn. Penyakit mabuk kuasa dan duit
PH=BN
And so it is common for people to dwell on the constant losses. What about the constant profit then? Was this a problem? Was constantly incurring profit ever be something that worth bemoaning? How did the petrol dealers dealt with the same practice of weekly float system for the last 1 year then? Amusing right?
I don’t think the petrol will dry up, I do better wait for lower price fuel.
I don’t see them complaining if the price got higher on the next price change.
There are sure to be ups and downs in every business. These idiots only want the ups but not the downs.
Authorities should seriously reconsider these idiots’ licenses if their stations run out of fuel for no reasonable excuse.
just wondering, during all these press conference, have any reporters ever ask the dealers what about the profit that they made when prices go up. What is their stupid answer?
Nothing Different with old G. HAHAHAHHAA
Waikkkk…….petrol price ada up down……ini dulu macam maaaa
Apa yang baruuuhu……