Ladies and Gentleman,
Petroleum is vital to many industries, and is of importance to the maintenance of industrialized civilization itself, and thus is critical concern to many nations. Oil accounts for a large percentage of the world’s energy consumption, ranging from a low of 32% for Europe and Asia, up to a high of 53% for the Middle East. Other geographic regions’ consumption patterns are as follows: South and Central America (44%), Africa (41%), and North America (40%). The world at large consumes 30 billion barrels (4.8 km³) of oil per year, and the top oil consumers largely consist of developed nations. In fact, 24% of the oil consumed in 2004 went to the United States alone. The production, distribution, refining, and retailing of petroleum taken as a whole represent the single largest industry in terms of dollar value on earth.
Petroleum can be extracted into various stuff that have been the 'energy' of our life such as the gas that we use to cook, diesel, fuel, kerosene, and so on. However...
2) The problematic Situation...
However, it is noted today that The Medias all over the world are putting unbelievable attention to Petrol. This is due to the sudden change of fuel price in the world.
Well, in Malaysia, as one of the developing countries in the world has seemed to be tremendously affected by the price. If yesterday, with RM1 in hand, I could buy a 1 litre bottle full of fuel....But today, everything is different. Especially for the middle class to lower class people, the effect of this hiking price of fuel is a total mind-blowing. Is it possible if the price went higher than this? Is it possible that the government will find the best way to overcome this difficult situation? As far as i am concern, I don't think so! Unless, we have someone who can be called as the mastermind of economy to at least maintain the price of fuel in Malaysia. For that, I want to show how much we, and I, and every human being living in Malaysia depend on Petrol to move us here and there. We want a CHANGE! Since I dont know when, The economy development of Malaysia has always been around 3% to 5% while back in the 1990's, the percentage has reached 9%!! which a slight lower than China itself! again, I summon all readers here to make a CHANGE! whether its a change in lifestyle, or a change in the government? Something has to be done! Dear government, I hope the pictures that I show below will never happen when I start my career later on.
Picture 1,2,3 show vehicles are queing up to buy fuels of the old price a few hours before the price increased by RM0.80 at petronas Seberang Jaya Penang! Is it the GOVERNMENT's fault?????
Update 12 June 2008
KUALA LUMPUR, June 11, 2008 (AFP) - Malaysia's Prime Minister Abdullah Ahmad Badawi said Wednesday there would be no more fuel price hikes for the rest of the year.
Abdullah said that because Malaysians were still coping with the impact of last week's 41 percent fuel price increase, the government would absorb the cost of soaring crude oil costs.
"There will be no more fuel price hikes for this year," he said in a statement.
Malaysia, a net oil exporter, heavily subsidises petrol and diesel but said it was forced to implement the deeply unpopular price hike as the cost of subsidies would have ballooned to 17 billion dollars this year.
The government last week raised the price of fuel by 41 percent to 2.70 ringgit (0.84 dollars) per litre.
To ease the impact on motorists, it will give cash rebates of 625 ringgit for owners of small- and medium-sized vehicles, which will cost the government 5.0 billion ringgit.
Abdullah said the government would also pay salaries of government workers and officers fortnightly from August, to help them organise their expenses and cash flow to cope with the fuel price increase.
Second Finance Minister Nor Mohamed Yakcop warned Wednesday that if world crude oil prices hit 150 dollars in the short-term it could impact on the country's projected 3.1 percent budget deficit.
Abdullah said that because Malaysians were still coping with the impact of last week's 41 percent fuel price increase, the government would absorb the cost of soaring crude oil costs.
"There will be no more fuel price hikes for this year," he said in a statement.
Malaysia, a net oil exporter, heavily subsidises petrol and diesel but said it was forced to implement the deeply unpopular price hike as the cost of subsidies would have ballooned to 17 billion dollars this year.
The government last week raised the price of fuel by 41 percent to 2.70 ringgit (0.84 dollars) per litre.
To ease the impact on motorists, it will give cash rebates of 625 ringgit for owners of small- and medium-sized vehicles, which will cost the government 5.0 billion ringgit.
Abdullah said the government would also pay salaries of government workers and officers fortnightly from August, to help them organise their expenses and cash flow to cope with the fuel price increase.
Second Finance Minister Nor Mohamed Yakcop warned Wednesday that if world crude oil prices hit 150 dollars in the short-term it could impact on the country's projected 3.1 percent budget deficit.
Well, is that what the people really want?? Ask yourself then....I'm not a pro-government neither the anti army.... I write what I want for the benefit of myself, my family, my society, and my country!
2 comments:
this all bullshit situation must be something to do with USA. Amerika merupakan negara penyimpan minyak mentah terbesar DUNIA then dari dulu lagi mereka nih sentiasa menyerang negara2 yg kaya dengan minyak seperti Iraq dan negara Asia Barat yang lain. But just imagine, keadaan utk 30 to 50 or 100 years akan datang(aku dah takda rasanya)minyak pasti akan berkurangan dan kenderaan makin bertambah...think???
actually there is a good side what had been done by our gov. through this implementation, people who is below low average (low sallary) can enjoy the benefits and those who is kinda rich can't get the privilage. i wonder why people is so narrow minded... hurm?? think out of the box..
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