Saturday, June 7, 2008

Price Oil Hike What Say Ya?


Price Oil Hike What Say Ya?

“But be that as it may what could the Government have done to lessen the burden on the people that results from the increase in petrol price.

In the first place the Government should not have floated the Ringgit. A floating rate creates uncertainties and we cannot gain anything from the strengthened Ringgit. Certainly the people have not experienced any increase in their purchasing power because of the appreciation in the exchange rate between the US Dollar and the Ringgit. “ - Tun Dr Mahathir Mohamad : Price Oil


I made my findings above (table).Compared to Nett Exporter (petroleum) countries rather than Nett Importer (petroleum) countries such as Thailand and Singapore.

1 comment:

  1. I just said this to Tun,
    Tun, dalam keadaan harga minyak yang naik melambung tinggi ni, saya cuba mencari alternatif lain seperti yang di lakukan oleh misalnya rakyat Amerika dan Erope di mana mereka menggunakan 'Brown Gas' (hydrogen) untuk penjimatan minyak sehingga 60%. Di Malaysia, saya lihat ada Blog sebegini seperti www.malaysiangreencar.wordpress.com dan www. cyberstokist.wordpress.com. Apa komen Tun mengenainya, kerana tak ada faedahnya kita kita mengeluh tak sudah sudah, baiklah kita fikirkan sesuatu yang positif dan leteral.

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