Wednesday, June 4, 2008

Fuel price hike

The PM's announcement on Wednesday evening triggered chaos across the country as motorists swamped fuel stations to fill up before the new price took effect, bringing traffic to a standstill not only in Kuala Lumpur, but my beloved Puchong area as well!!

Some shop owners who usually finishes work at 6pm have to drive back to shop & hang out for hours before they can leave due to massive jam lining right outside Petronas & Shell fuel station. The queue was so long until it lead to a massive jam to the highway, what I can say it, it causes inconveniences to all RAKYAT!! I have to stay at home till 9.30pm before I can head out for dinner with "H", but the traffic is still horrible!

The new pump price for petrol will be RM 2.70 (US$ 0.87) and RM 2.58 for diesel. Petrol previously costs RM 1.92, which was claimed among the cheapest in Asia. I wonder how much it would costs to pump Shell V-Power then?

First, it was increase of food, now it's fuel & raw materials, next it's electric and like all protestors says, "Petrol is hiked but salaries are not!".

Now that the ringgit currency sank, I wonder how would we survive in the next coming months?

Good news for Thais and Singaporeans though, as they are now allowed to buy fuel at border petrol stations after a recent ban was lifted in view of the subsidy cut.

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