"Reduction in fuel prices to help ease the people's burden." - DSAAB (The Star 23.08.2008)
Today, Saturday 23rd August 2008, the government has lowered the retail of fuel prices.
The new prices are :-
RON97 petrol - RM2.55 per litre (15 sen reduction)
RON92 petrol - RM2.40 per litre (22 sen reduction)
Diesel fuel - RM2.50 per litre (8 sen reduction)
Timely move by DSAAB to lower the fuel price just before the coming Permatang Pauh by-election and the 2009 Budget announcement day. A very desperate looking measure taken by our PM it does seem. Sad for him cause think it's all a little too late.
How does he expect a 8 sen to 22 sen reduction will ease the burden of the Rakyat when the increase previously was close to 80 sen. He must have scored pretty badly in Mathematics back in school.
The previous drastic fuel hike has also sparked an increased in the price of goods and services. Since the prices has already gone up, the traders, manufacturers and business owners isn't going to lower their price now despite the fuel reduction since the profit margin now will be better. The whiplash from the previous fuel hike has already taken its effect. He must have scored even worst for Economics.....FOOL!!!
To all politicians and ministers.....
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