By now, the only confirmed news regarding the hike is from theedgedaily; stating and increase of a whopping RM0.30. Walauweh, 30 cents eh!!! Meaning that your refuelling cost will be hiked by close to 20%!!! Some statistical figures to help you understand better:
Current
Price per litre: rm1.62
Refuelling cost: rm50
Total litres: 30-31
Monthly cost: rm200
New Cost
Price per litre: rm1.92
Refuelling cost: rm59 -60
Total litres: 30-31
Monthly cost: rm236-240
Increase of a whopping 20%!!! OhMyGawd!!!
I do not wish to count further as it will be causing me major insomnia; the increase will be causing a further strain in my already empty-ing wallet. Do not forget that an increase in fuel price will affect all other industries; therefore, in a short run, we will be seeing increment in most items. The next thing I know, the economy mixed rice will not be that economical anymore.
I shall therefore be required to postpone my kahwin plans further due to this sharp increase. Sorry ah munyee, not that I wanted to, but the government has pushed me too hard, nguahahahaha!!!
At norm, statements such as "Even after the increase, the price of petrol is still relative low compared to other ASEAN countries, blah. blah. blah...".
So, hopefully, the government put the retracted subsidy(which is billions btw, close to a billion per month) to good use. They should perhaps use it to build more federal roads and instead of another
Reduced congestion = reduced pollution
Reduced congestion = reduced fuel consumption
Reduced congestion = reduced individuals suffering from high blood pressure
Reduced congestion = reduced accidents
Reduced congestion = reduced need for police to control traffice, can allocate more manpower to fight crime
So many darn benefits and I can think of more; however, that is unlikely to happen. The next thing we know, there might be air-conditioning in all NS camps... HAHAHAHAHA!!!