« Marketing Ethics When It Comes to Babies
Mukhriz Mahathir and the Sedition Act »
Dec 01 2008

When Is The Next Petrol Price Reduction?

Posted by Chan Kelwin in Malaysia oh Malaysia, tags:

It is the beginning of the month. It is time to review and reduce the petrol price again. The reduction has been constant at 15 cents each time the price was reviewed. If this trend continues, the new petrol price will be at RM1.85 per liter — lower than it was before the 78 cents hike a few months back.

I am expecting an announcement on the petrol price reduction tomorrow. The new price (whatever the amount) should come into effect on Tuesday. Any delays should not be more than one or two days. Anything longer than that may be an indication that there will not be another price reduction anytime soon.

The next question is whether the government will peg the petrol price and not allow it to drop any further. I have no problem with that. In fact, I agree that this move can help put aside some funds for 2009 where some say the economy will be worse.

However, after reading and seeing so much, I wonder how much from what is saved will be left at the end of it.

Related posts:

  1. Petrol Price Increase? Ubah Gaya Hidup lah!
  2. I Stole RM8 from Some Foreign Workers Today
  3. Say No To Internet Censorship
  4. Nikon D40x RSP At RM2,688
  5. VVIP With Full Police Escort Using Cash Lane At Toll Plaza

This entry was posted on Monday, December 1st, 2008 at 2:38 am and is filed under Malaysia oh Malaysia. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “When Is The Next Petrol Price Reduction?”
Trackbacks
  1.  
Comments
  1. Angie Tan says:
    December 1, 2008 at 3:53 pm

    Hahaha… I wonder if the price will drop below the old RM1.92 price?

    Anyway, I think the drop in petrol price has contributed to the roads being more congested than ever these days???!!

  2. lazyfellow says:
    December 2, 2008 at 9:36 pm

    nice prediction. really drop below the old price. yahooooo….

  3. Chan Kelwin says:
    December 4, 2008 at 12:44 am

    @Angie: I agree on the congestion thought. Since the price of petrol is lower, I am sure more people are back to their normal driving habits.

    @lazyfellow: The problem is that they only reduced it by 10 cents. I think they may peg the petrol price or reduce it by only 5 to 10 cents the next round.

  4.  
Leave a Reply