Fuel Price Increase and its Aftermath
03
March
What can 30 cents buy you nowadays? Perhaps a piece of candy, a small packet of junk food, or maybe a stick of Pall Mall cigarette. Seems worthless that little 30 cents would be. But try adding that to the price of the world’s most sought-after piece of commodity - The Petroleum; and what you’ll get is chaos.
Malaysians should change their lifestyle and adapt to the inevitable fuel price increase. - Datuk Seri Najib Tun Razak.
Change of lifestyle to save money. No more going to yumcha sessions, no more shopping sprees, no more extra money for entertainment and leisure. When Najib said Malaysians should change their lifestyle, he meant to change your lifestyle for the worse. That is a country with system to rip money off their citizens and ask them to live with it. The fuel had almost multiplied its price over the last 5 years and the salary hadn’t even raised a bit. I think it’s time for the government to start a fairer waging system and improve human rights policy. How could they declare themselves as a developing nation when 1/3 of their citizens are living a live of the third world’s? Differences between the rich and the poor are stretching beyond control and the rich will always get richer ripping money off the middle and the poor’s.
From the repercussion of that reduced spendings, the nation’s economy will only suffer. Inflation will eventually happen. Your RM10 can’t get you half of the same thing you could buy 5 years ago. Expect another economic recession resulting from this unexpected fuel hike.

This is Safeway’s Caltex fuel station. When you purchase $30 or more from their supermarket, you’ll get 4 cents off every litre pumped. The fuel price here in Australia varies from day to day in between $1.40 and $1.10. That’s still very affordable as compared to Malaysia’s.

Even without the 4 cents/litre savings, it’s still affordable at AU$1.14/litre. The more premium Caltex Vortex only costs a mere AU$1.21.
If the Malaysian government tries to tell me that Malaysia has the cheaper fuel by currency conversion, AU$1.40 = RM 3.85 (by AU$1.00 = RM2.75 rate), I’ll tell them in return, average Australians earns AU$20/hour, and Malaysians earn roughly the same amount, but that it’s in RM and it’s per day rate. So stop comparing fuel prices by countries in the South-East Asia region and start looking at how much the citizen earns to afford it.
But in the end, Najib would come up and say, “Hey, live with it and adapt to higher fuel prices, cause you’re not the government and you can’t do shit about it.”
Malaysians have this one guarantee – the Government will not increase the price of petrol again this year, even if oil prices continue to skyrocket. - The Star
No, not even when the oil price skyrocketed by RM10. It’s the government’s word and you better believe it!
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1. wingz | March 3rd, 2006 at 12:40 am
BEND OVER!!!!
2. dragoncity | March 3rd, 2006 at 1:01 am
“Malaysians have this one guarantee” ?? No way.. our government never give us any guarantee at all. They can just simple ask us to change our lifestyle..How about our PM, DPM and others minister ? Should they change their lifestyle also..change all government car to Kancil ?
3. Naive Idealist | March 3rd, 2006 at 2:44 am
hey i agree with you; i`m just going to blog something about the oil increase also; besides rants on blog this days.
4. wuching | March 3rd, 2006 at 7:31 am
i get 8 cents off at coles/shell!
5. Che-Cheh | March 3rd, 2006 at 9:39 am
I must change my lifestyle to a poor poor one already. Now whatever things I’m gonna do I have to think twice..:(
6. Jacky | March 3rd, 2006 at 11:24 am
I thought Malaysia is also a large petroleum producer? Why we can’t supply ourselves?
7. suituapui | March 3rd, 2006 at 12:19 pm
Use a small, fuel-economical car. Stay at home! Walk or cycle…good for health too! Many people insist on parking their cars right in front of the places they’re going to, even though it’s a no-parking zone! Grumbling will not make things any better; only makes us miserable!!!
8. Alex | March 3rd, 2006 at 12:38 pm
wingz: and get the F!
Naive Idealist: Good thing, it’s been a while since you last posted :/
Wuching: Lolz. Yeah, but I don’t shop at Coles.
Che-Cheh: Now that’s bad.
Jacky: They export our high quality petrol (low lead) overseas to be refined, and imported the lower quality petrol for the rakyats.
suituapui: Imagine if everyone stayed at home and no one will ever wanted to spend their money. Business will suffer, and that results in economy slump, and that will eventually hit you again, reduction in salary, and then a raise in produce prices, and the cycle will only go on and on until the system is rectified.
9. Bryan | March 4th, 2006 at 3:37 pm
I will tell the same too! Dude, I think we are earning lower than RM20/hour averagely because if so, we will be earning like more than RM3500. I don’t think average Malaysian is earning that figure also, not even close to it.
One more thing is the RM currency is so weak. I thought it will go up for average Malaysian;s sake after the re-pegging last year. Go up lah, my ass. Now still stick at the 1 USD = RM3.7 level (according to xe.com).
10. Alex | March 4th, 2006 at 6:53 pm
It’s roughly RM20/day, not per hour. Nah, the economy ain’t strong enough for the RM to go up, and it’ll continue to be so if things aren’t improved.
11. eN | March 5th, 2006 at 3:09 am
Neng, i agree with ur point.
A friend of mine who happened to passby KLCC on Friday, 3rd March 06, saw a small number of people protested about the fuel price in front of KLCC for less than half an hour, not even 15 mins. They people just came out from the mosque nearby. I can’t see any meaning of the protest is about. Perhaps it’s just a small crowd and the duratin too short, it’s not in the newspaper.
12. James | March 5th, 2006 at 3:41 pm
agree with you. the goverment always misled the people by using the conversion. keep mentioning we are still the best among the region and ask us to see indonesia.
KNN.
13. junn | March 6th, 2006 at 6:38 pm
correction, there are few thousand people there in front of KLCC protesting. and our newpaper cover up 90% of the story!!! they don’t even dare to publish the picture.and according to THESTAR, only a hundred-2 hundreds was there…. i’m gonna send them the pic, and the to zoom it in and do a head counts! the real figues is close to 1000 - 2000 not 100-200.
and from now on, i never trust malaysian new paper anymore.
14. Alex | March 6th, 2006 at 7:54 pm
eN: Yeah, that was reported “Live” on several Malaysian blogs as well.
James: Just a way of deception.
15. mee | March 8th, 2006 at 4:14 pm
why we never have salary adjustment for all these fuel price increase? why we never see any goverment staff driving kancil or iswara? can we take bicyle to work under such hot and humid weather? think logically.
16. alice | March 29th, 2006 at 1:27 pm
we should stand together and make a strong statement instead of whining about it. Who dare to protest? in Malaysia ppl tends to be more selfish but is because we all have our family to care for. and i think we just wait for the next election ?
17. ng | March 29th, 2006 at 1:46 pm
and the other day the gov decrease the price for imported car. HAHAHAHA..can i ask who will buy the expensive cars surely is the rich and famous. the poorer ppl or the middle income (we only can afford a wira or kancil) is not affected by this so called ‘helping to ease the pinch of fuel hike’. What are they trying to do ? Help the rich getting richer and do nothing to help the poorer or middle income ppl?
18. Willy Wonker | April 2nd, 2006 at 7:05 pm
Essential commodity prices should not differ too much from one place to another otherwise I will buy cheap and sell expensive making easy money!
The only price difference should be in the service sector or related to it.
Price of finished products by right should also not differ too much in different places. But of course we all know that is not so due to government interferance.
Of course another important criteria would be the supply and demand factor but if one is force to sell cheaply he/she would not do that business once the product is cleared off the shelf?
19. kevin rudd | December 1st, 2007 at 7:31 pm
I totally agree with u mate. PM, DPM & who ever in the gov for such a long time. ” master of monopolier” who act like a flat white lier. Thay always know how to say something that sound like the economy is in good shape as in OZ. Shame on u people. wake up malaysian .it’s time for real people orientated democracy, people power. raise up if u really care about malaysia future!!