Petrol Price HIKE !! We are not in August..yet..
Wednesday, June 4th, 2008No.. you didn’t hear me wrong, the petrol price in Malaysia has been announced to be increased right after 12am today (4/06/2008). The increment, for petrol, from RM 1.92 (per litre) to RM 2.70 (per litre), 78cents / 41% of increment. For diesel, from currently RM1.58 (per litre) to RM 2.58 (per liter), RM1.00 / 63% of increment !!.. And that’s not the end of the story yet.. the after effect of petrol price increment will result price hike in other things as well, especially groceries, foods and drinks..
This is the biggest increment of petrol price in Malaysia history !!
chart from malaysiakini

The New Subsidy Plans.
for motorcycles, RM 120 a year
for vehicles 2000cc and below, RM 625 a year for 800 litre of petrol. How they are going to pay us ? When you pay your road taxes.
If you use more than 800 litre of petrol a day, then no more RM1.92 per litre for you.
I have did some simple calculations here,
RM 625 subsidy for 800 litre, which means
RM 0.78 subsidy for each litre, (RM 0.78 ?? sounds familiar ?? yay, that’s the increment on the petrol !!)
thus, price after subsidy = RM 1.92 per litre, for first 800 litre of petrol.
How about 800 litre and above ?? RM 2.70 per litre.. lol..
So are you affected with the new rate ?
Again, simple calculations,
800 litre a year , which means
800/365.25 = 2.19 litre a day,
2.19 x RM 1.92 = RM 4.20
RM 4.20 a day, means
RM 29.40 a week.
Conclusion, if you use less than RM 4.20 petrol a day (or RM 29.40 a week) before this, you are not affected with the new rate, in fact, you might save some bucks, AND,
if you use more than RM 4.20 petrol a day (or RM 29.40 a week) before the price hike, LOL… you will be paying more than before.
AND, ask around, Who in Malaysia would use less than RM 4.20 petrol a day before this ?? Even motorcycles could easily use more than that..
Use less than 2.19 litre of petrol a day and you are saved !!
In the end, MOST of us if not ALL of us,are affected..
The new subsidy plan is told will help the government to save up to RM 4million.
Where will this RM4 million go to ??
LOL.. Is that a question ?? Captain Obvious to the rescue please..
Why they did it ? They did it for the lulz..
tl:tr summary
RON97 Petrol RM2.70 per litre from RM1.92 per litre
RON92 Petrol RM2.62 per litre from RM1.88 per litre
Diesel RM2.58 per litre RM1.58 per litre
If you pay attention to local news, u might have heard that someone just said the petrol price might be increased in August 2008, of course, he was smart, he wouldn’t tell when was the fixed date, and he just gave us a big surprise today. YAY !!! Well, we do know that things like this always happen..
MALAYSIA BOLEH !!
