Furious and frustrated - another petrol and diesel price hike.

I am really furious and frustrated today after hearing the news over Radio Television Malaysia that there is another petrol , diesel and gas price hike beginning tomorrow morning. This time 20 sens for diesel and 10 sens for petrol per litre . I almost could not control my anger with the government of Malaysia for making the price hike possible . How not to be angry ,when there has been a number of price hikes in a year ( three times of which the latest was in July ,barely 2 months ago ), while my income through my pension remains the same ? I would not have been very mad at it, if it just means only petrol is affected. Unfortunately , it would almost certainly be followed by the price increases of other goods and services too . This means another inflation in this country .The government gave reason that it can no longer afford to subsidise petrol and diesel as a result of price increase of crude oil in the world market . But the government deliberately refused to admit that it also gain from the crude oil price increase because Malaysia is also an exporter of crude oil .I can't understand why the government could not continue to 'subsidise' petrol from the profit it gain from the increase of price of crude oil ? Oil in this country do not belong to Petronas only . It belongs to the people of Malaysia .Why can't the people of this country get the benefil from it ? Why only Petronas and it's staff enjoy that benefit ? If the government is of the opinion that it can no longer afford to subsidise petrol and diesel, we the ordinary people of this country is also of the opinion that we can no longer afford to bear the price hikes of almost everything. On behalf of the people in similar position as mine , I appeal to the government to be reasonable to us . We can no longer stand the inflation .

As an excuse for the price increase of petrol and diesel the government are always in the habit of comparing the price of petrol and diesel in the neighbouring countries without consideration of the buying power of the people of that country .It is therefore not fair to compare that way.Now , stop pulling us by the nose .

Entry made on 1st.August 2005.

I was watching the morning's programme over TV3 where Minister in the Prime Minister's Department with Special Functions responsible for Finance , was interviewed perhaps to explain to the public reasons for the price hike of petrol,diesel and gas .When asked why the government could not continue subsidising petrol, diesel and gas from the profits the government gets from the price increase of crude oil, the Minister explained that it would be unfair to the people who do not have motor cycles and motor cars . What a naive explainations ? Don't the Minister know that the price hikes of petrol and diesel would snowballed into price increases of other goods and services which eventually would affect everybody including those who do not have motor cycles and cars too ?

I am sad , because the Minister had failed to convince us , and so to safeguard the welfare of the ordinary people of this country .

Entry made on 2nd.August 2005

True enough as expected via the TV3 8.00 pm. news this evening ,it was announced by the Minister responsible for Tenaga Nasional , that there would be a hike in electricity's tarrifs because according to him Tenaga Nasional could no longer stand the pinch of the world's oil price increase .Any decent thinking person would know what to expect as a result of the electricity tarrif's hike .Obviusly , an inflation to the economy and a burden to the rakyat , especially the fixed income earners like me .