Lately our petrol RON97 increase 20 sen to RM2.70 per litter and because of increase of global crued oil price which is fetching to US108 a barrel. Now the government also looking into increase RON95 as well.
When oil prices go up, petrol price increases are justified on those grounds, when the oil prices go down, how come the petrol price does not go down as well?
Everytime there is an increase, this jokers keep comparing with other country. We are in Malaysia, so lets talk about us. We are Oil producing country and when the price of oil increase, most certainly the companies revenue increase as well. So where is the rationale?
The system is so corrupted and doesnt make sense one bit. It is high time to do something.
