
Yes, i think most of the Malaysians knew about the hefty oil price increase, hiking 78sen more to RM2.70 per litre.
However, i bet most of you dont know some news/information about the oil price. Okay, here it goes.
1)Many said its still okay compared to other countries. But, what if we,Malaysia, pengeluar minyak yang berkualiti, compare with the countries which export oil??
Here's the list:

Venezuelan President Hugo Chavez, he rocks!! 16sen per litre in his country!!
Venezuela RM0.16
Turkmenistan RM0.25
Nigeria RM0.32
Iran RM0.35
Arab Saudi RM0.38
Kuwait RM0.67
Qatar RM0.68
Bahrain RM0.87
Mesir RM1.03
UAE RM1.19
Oh ya, and even our dear neighbour, Brunei, is retaining its RM1.22. Gosh, its like more or less the same oil price in Brunei for the past few years.
2) PETRONAS IS SUBSIDISING THE WHOLE WORLD??
(i read through some blogs and for the protection of my blog and i, you better check it out yourself)
The company has contributed more than RM330 billion to the government over the past 30 years, in the form of taxes, dividends, export duties and royalties.
Penang chief minister, Lim Guan Eng, once revealed in a statement as below:
''Petronas invested RM2.1 billion in KLCC Property and has a 51 per cent stake in it.''
''KLCC in turn is involved in the twin tower projects,Menara Exxonmobil and also the Mandarin Oriental Hotel.''
''Petronas was also the key funder of the Putrajaya township and has invested RM1.5 billion in Putrajaya Holdings''.
And, Petronas has earned the whopping billions in 2007!!!
Ya, we, Malaysia really have to increase the oil price!!
3) There's no global fuel shortage
I lazy to write already, come on read here.
All the sources were from the internet. Feel free to post your
comments.
