Just yesterday morning i mentioned about the Malaysia Petrol retail price and by the evening NTR announced the reduction of petrol RON 97 by 15sen to RM2.00 per litre. And lucky for me, yesterday morning i decided not to pump in the petrol, so today I managed to get a cheaper petrol.
Pak Lah yesterday lashed out at traders refusing to cut down prices of goods despite the reduction in fuel price. But the real culprit is not the traders, but Pak Lah himself! and together with Shahrir and probably the rest of the cabinet. They had made the decision to hike the fuel price by more than 40%, without proper economic forecasting or projection, misjudged the economic situation, without taking into consideration of the impact from such historically huge hike.
Such a huge hike prompted traders to increase their goods and once prices are fixed it will never look back. Fullstop.
Anyway, still not satisfied with RM2.00/litre still hoping for RM1.90/litre soon.
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