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Petrol Price Up Again!

February 28th, 2006 Posted in @Miscellaneous

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.

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One Response to “Petrol Price Up Again!”

  1. Josh Says:

    That is disgusting. I’m glad I don’t have to drive while i’m at school on campus.


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