The price of petrol shot up from RM1.92 yesterday to M2.70 today. A horrifying 40% hike. Everybody at the RSGC renovation site meeting this morning was grumbling and whining about the petrol price hike.
According to the minister, the government will monitor the world price of petrol on a month to month basis until Aug when all petrol subsidies will have been completely abolished. Reading between the lines it means that this is not the last petrol price hike, but more of an appetizer of what is to come. Will we see the day when Malaysians will have to pay RM5.00 per liter of petrol sooner than we think?
Last night on my way home from Nilai to Kajang, I saw all the petrol stations along the way packed full with motorists desperately filling up their tanks with the then RM1.92 per liter petrol. This big mad rush to top up caused massive traffic jams and inconvenience to other motorists.
Don't quite understand the kiasu mentality of people. How much can one save on a full tank of petrol considering that your car engine will be running and consuming fuel while one is waiting for more than 1 hour before one' s turn to fill up?
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