Wednesday, October 31, 2007

The History Of Malaysia Petrol Price

History of increasing price of petrol. (For 16 years, from 1990)

Before 90 - RM 0.89
year 1990 - RM 1.10 (increased RM 0.21)
01/10/2000 - RM 1.20 (increased RM 0.10)
20/10/2001 - RM 1.30 (increased RM 0.10)
01/05/2002 - RM 1.32 (increased RM 0.02)
31/10/2002 - RM 1.33 (increased RM 0.01)
01/03/2003 - RM 1.35 (increased RM 0.02)
01/05/2004 - RM 1.37 (increased RM 0.02)
01/10/2004 - RM 1.42 (increased RM 0.05)
05/05/2005 - RM 1.52 (increased RM 0.10)
31/07/2005 - RM 1.62 (increased RM 0.10)
28/02/2006 - RM 1.92 (increased RM 0.30)

Below are the common statement that always we heard.

1. Increasing of petrol price still low compared with other country.

2. Increasing of petrol price do not increase the burden of people ?

3. Government promised that there will not be any petrol prices increased anymore.

We all know that fuel price are kept increasing and government petrol subsidy will be cut-off to help the country economy.

Well, it's fair enough...but the thing that doesn't make sense is government sector worker salary had been increased and will be increase after this...the private sector worker salary had never been increased and government doesn't concern about their salary although this private sector are the contributor for the Malaysia income...government sector only involve in services such as collecting taxes...

It seem that, government had no problem to increase their employee salary and they will never had any problem with the fuel price...the private sector worker will keep dying under the fuel and goods price that keep increasing day to day....

So, is it the fuel price increment are fair to everyone...?


burdenpeople said...

Well..this how they want to increase the price...The most interest thing..many people will expect the fuel price will increase another 30-40 cent for this 2008..and at least after election..or after BN win the election...hmmm...

Anonymous said...

We pay 51 Rupees per litre in INDIA..why is this so much price difference in asian countiries.

jOeY said...

51 rupees per litre?.. about rm 4.20 per litre or USD 1.29 per litre....Is it true?...I thought my country price is expensive but other country ar more expensive..hmm.. How about other country?..Please someone..tell about your country price...

Anonymous said...

India is not a net exporter for oil so its understood for its price and the public transport system is really good there. However, in Malaysia, petrol go up to almost 78cents but public transport is crap! Everything is gonna go up, god bless us...

pluboy said...

thats because other countries are selling fuel at market price (approx US$1.25 per liter) which is RM4 per liter, the actual cost of fuel.

Singapore, Thailand, Australia all has no fuel subsidy and allow fuel prices to flunctuate according to market forces.

It is not expensive if compared to the salary earned.

An engineer in Malaysia earns average RM1,800 a month, in Singapore average RM11,500 a month, in Thailand average RM3,000 a month and in India, a whopping average RM36,000 a month!!! That's about 20 times more than a Malaysian, 3 times more than a Singaporean, and 12 times more than a Thai.

So fuel in India at 51 rupee is nothing.

Effective 5/6/08, fuel in Malaysia is increased 40%.

I have a comparison chart in my blog. Read to understand.

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