Wrong turn Mr. Abdullah

KUALA LUMPUR: The government is hopeful that it would be able to reduce pump prices of petrol and diesel following the decline in the crude oil price in the world market.

“How much we will reduce depends on the reduction of the market price…I can’t say how much (will be reduced),” Prime Minister Datuk Seri Abdullah Ahmad Badawi (pictured) said."At this time, the price of crude oil in the world market has fallen and there is good hope for us to reduce the fuel pump prices.

The government in June this year increased petrol price by 78sen to RM2.70 and diesel price by RM1 to RM2.58, following the sky-rocketing price of crude oil in the world market.
Announcing the increase then, Abdullah had said that the government would review the price of petrol and diesel on a monthly basis, depending on the price of the valued commodity in the world market.

It must also be noted that the government provides a 30sen subsidy for every litre of petrol and diesel sold at petrol stations. Speaking to reporters after opening the Kuala Lumpur Hawkers and Petty Traders Association’s congress here yesterday, the Prime Minister said while the quantum of reduction of fuel prices had yet to be decided, it “will definitely be reduced”.

“We are weighing the possibilities. We have said previously we would review the prices on a monthly basis and we will make the appropriate announcement on September 1.
“It will be based on the average of world oil prices taken for the whole month of August. “The more the price of crude oil in the world market goes down, the better and we will also maintain the 30 sen subsidy that we had announced earlier,” he said.

Abdullah also said the government would hold to its earlier announcement that the price of fuel would be reviewed on a monthly basis and announced it at the end of every month or the start of a new month. – Bernama

-The News Sabah Times-

kawoix says: "Terlajak perahu boleh diundur, terlajak kata buruk padahnya". Nasi sudah menjadi bubur. Inilah satu lagi episod ting tong dari Mr. Abdullah. Menyusahkan, kejap kena buat gni, kejap buat gtu. Macam budak darjah 2. Barang sudah naik...macamana mau turun lagi. Kalau minyak turun, harga barang macamana pulak??? Rakyat susah sebab bukan harga minyak, tetapi harga barang makan. Kesian tengok orang-orang kampung di pedalaman yang teruk terjejas dengan keadaan ini. Pak Lah tolong fikir-fikirkan mereka ini. Mereka tidak punya hidup yang baik seperti anda.