Petrol Price Up Again!
Petrol price has gone up again. The first for 2006 and apparently the last for this year. So says the government. The last price increase was in June/July 2005. Then the government assured that there will be no further increase till end of the year. And yesterday, it went up by 30 cents to RM1.92/litre. That’s quite a hefty jump. If this goes on, I predict the increase for next year will be another 30 cents or more until petrol is no longer subsidised at RM2.663/litre.
Although petrol price is relatively cheaper compared to our neighbouring countries, a sudden hike like this is a shock and burden. At least ease us into it. It’s better for me to just move myself closer to office and walk to work. Cheaper in the long run.



