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"...plagiarised from a presentation by a utility company, which skewed its survey specifically on electricity consumption and its impact on consumers' cost of living."

Plagiarised or whatever, the part which struck me most was "SKEWED".

Which implies not exactly the truth, as in "figures massaged to fit the message which one wants to project/support".

Is that why we see increases in various rates and charges when the companies involved report massive profits? If so, is the ministry[ies] involved in approving the increases doing its watchdog job properly?

If it had, and had cought some request for higher rates/charges supported by SKEWED figures, what action, if any, did it take to penalise the culprits? And why has the public never heard of any such manipulation of statistics and figures?

It was interesting to note that the papers did not mention that there was alot of oil being refined combined with a lower than expect demand for heating oil. High prices are mostly due to the problems in OPEC and market reacting to their problems.

1) Nigeria civil war that is targeting the oil industry.

2) IRAN and the nuclear stand off with IAEA. IRAN have made it clear that it will use Oil as a weapon and push the price of oil up (by turn off the taps and to get the other OPEC members to do the same) if IAEA refers it nuclear stand to the UN. Russia has offered to enrich their uranium for peaceful purpose but have refused and prefer to do it themselves with their OWN uranium-enriching centrifuges. This move has China and Russia worried.

Price of oil have been trading between USD 60-64 per barrel most of last week.

If you check the news on these 2 events and the price of oil, you will notice that there is an interesting reaction. Whenever there is something bad reported by the media in regard to these 2 events, oil will spike.

Anyway, if there is a better reason, please share it with us. I would love to be proven wrong as I hate to think what would happen if IRAN or Nigeria decides to turn off the oil taps.

PS. I never put any thing inot statistic and figures from the Govt. Any moron can use those figure to paint a great picture or a bad picture. We should have a review board with both govt and opposition party looking into the impact of petrol is having on Malaysia.

Just my view point.

As the old adage says:

There are lies, damned lies, and then there are statistics

When has any statistical fact not been skewed to project a point of view? There may have been a time when any official statement would have been swallowed lock, stock and barrel.

Not anymore

Paklah - you and your cabinet - don't give us the sh*t demogoguery political talk over the weekend. Tell us your action plan on your transparency, accountability, integrity and fight against corruption. Where the tax payers money are spend. Don't use to divert the main core issues. Get your cabinet on these and we'll see you are worth your credibility.

Concern-lah,

Don't tell me you want to see more SH*T? Becase that it is what you will see if they show us where all OUR money has really gone! Also, don't expect them to show you where all OUR PetroDollars are either!

beefstew,

Actually, I don't see the preferential treatment given to bumis as non-bumis totally subsidizing bumis (i'm non-bumi). Actually the bumis are not the only subsidy recipients whenever a form of racial discrimination takes place. Take places in the public universities for example - in the strictest sense, we have been subsidizing Singapore, Australia, New Zealand and the UK for decades because of our preferential treatment policies. Do you see my point? It's like telling the foreign countries, "Hey, take our rejected 12-year publicly-funded students, plus RM500,000 for the tuition fees and other costs. No, it's free of charge. You are welcome".

We, in a sense, discriminated against our own small businesses when we concentrated in getting foreign investments into the country. Singapore, too blundered in this respect and they have been making a lot of effort to lower the cost of doing business by getting rid of archaic laws, introducing new business vehicles and encouraging small entrepreneurs to set up shop there.

Our small private companies have been subsidizing their foreign counterparts because of our non-action to get rid of archaic compliance requirements such as audits, minimum 2 directors rule, minimum 2 shareholders rule, professionally-qualified secretary, annual returns and high incorporation fees.

Take conveyancing for example. Many countries have abolished scale fees and subject them to free competition or have eliminated the rules completely. When others do that, but we don't means we are subsidizing them in this era of globalization.

So, the bumis aren't the only extra-subsidy recipients in this country.

Disbanding the entire machinery for collecting "toll" is the way to go but this is wishful thinking when "toll" collection is the ticket towards political funding.

Can/Should we disband:
a) taxi permits
b) bus licences
c) permits for operating hawker/food stalls
d) toll-road systems
e) petrol kiosk operating licence
f) telco licences
g) ISP licences
h) MAS/SIA KUL-SIN route
i) sugar, rice, flour etc. APs
j) APs and National car subsidy/ permits/ taxes

and the strings of licence and permits which were set up to collect funds to grease our political machineries..

FREE our money via a FREE MARKET FOR ALL

JacknJill,

That's the point. Let all who support BN know all those sh*t.
Don't take us as fools.

Did I hear Shafie Apdal said traders should not raise prices of good immediately because what they are having right now are old stocks which are bought before the price hike? Can anyone confirm, please.

Ah what the heck! If it’s true he said, he’ll have to answer to this. But if he didn’t, well he still needs to respond to this.

Ok, let’s play around with some figures.

A petrol station within an urban area normally has at least 4 tanks underground with a capacity of 25,000 liters each. 3 tanks for petrol, 1 for diesel. That’s 100,000 liters per station.

Note :

1. These scenarios are based on the day the fuel price was HIKED and effected midnight same day

2. The petrol and diesel still in the tanks underground are bought at a price of RM 1.62 and RM 1.58 per liter respectively.

3. It would be impossible that all tanks are empty or being emptied prior to the price increased.

4. The calculation is based on 1 station basis.

Scenario 1

Assuming all four tanks is at 50% capacity. Therefore, from midnight 28/2/2006 or eve of 1/3/2006 until the next fill up, the station would make

Volume : 45,000 liters (considering 5,000 liters were sold at last hour)

Net increase : RM 0.30 per liter

Net income : RM 13,500.00

Scenario 2

Assuming all four tanks is at 80% capacity. Therefore, from midnight 28/2/2006 or eve of 1/3/2006 until the next fill up, the station would make

Volume : 75,000 liters (considering 5,000 liters were sold at last hour)

Net increase : RM 0.30 per liter

Net income : RM 22,500.00

Scenario 3

This is the ‘Best Case Scenario’

Assuming all four tanks is at 100% capacity. They may be incidentally just filled up during the day or for those who got ‘cable’ and knew beforehand about the price increased and fill their tanks to the max. Therefore, from midnight 28/2/2006 or eve of 1/3/2006 until the next fill up, the station would make

Volume : 95,000 liters (considering 5,000 liters were sold at last hour)

Net increase : RM 0.30 per liter

Net income : RM 28,500.00

Now, let’s try figure out how much that per station basis net income turns out for the whole country.

Let’s say there are 2700 (based on report quoting Petroleum Dealers Assoc. of Malaysia) stations irrespective of brands throughout Malaysia and divide that into 3 groups to fit the 3 scenarios. 40% falls to Scenario 1, 40% to Scenario 2 and 20% Scenario 3.

Here’s the figure :

Group 1 : 1080 stations x RM 13,500.00 = RM14,580,000.00

Group 2 : 1080 stations x RM 22,500.00 = RM24,300,000.00

Group 3 : 540 stations x RM 28,500.00 = RM15,390,000.00

Total windfall for all dealers nationwide is a STAGGERING RM54,270,000.00

Oh yeah, I know, I know… my figures are not backed up with any valid data but my points are,

1. The figures may be gross estimation but the scenarios are real. They happen on the ground.

2. Why petrol stations are allowed to sell balance of their petrol and diesel still available undergrounds (bought at old price, mind you) at the new price? Wasn’t that a daylight robbery?

3. If even that basic control the Government is incapable of undertaking would there hope for it to control the prices throughout the nook and corners of the nation?

4. As for the minister in charge, if he really said what I heard he said, he should be doing self-assessment as to his worthiness in holding the ministership.

Well, folks that’s it. If any of you have more accurate figures please share with us the statistics.

I’m getting sick. This is worst than H5N1. We are dealing with a new extremely deadly virus called BN1.

The NST frontpage highlighted all the Gomen's (via CEO PakLah's usual prepared by Plagiarised secondliners' notes) -- the Main Points are like from an Old Record, yes vynyl one at 95rpm? ------My one short comment: Tell it to the marines!:(

just keep remembering all this till next GE...jangan jangan semua dah lupa when next GE arrives...let's not vote the same clowns and make the same mistake again...

After screwing up and tembaking the gov for subsidies cut,i think it is more practical to talk abt "Will people really make a drastical change on their lifestyle" as in like using public transport instead of driving.
My answer is "Doubt so"! I seriously don't see such a point that a 30 cents hike on fuel price will stop people from continue to drive. Roads will be more and more congested xpecially during peak hour and festival seasons.
Simply because our public transportation is s**k.
Trains(LRT,KTM & Monorail) are only limited to certain areas and is not that cheap. Buses? worst still as smelly,not punctual,bad conditions and etc.
Secondly, cars become more and more affordable as auto companies come out with schemes like low or no down payment, 10yrs instalment and etc,to boost car sales. Coupled with low credit criteria set by finance companies to maintain their market shares.
Security is the key,parents rather to buy their children xpecially girls a small little car,rather than they take bus.Why? The buses are filled up with illegal immigrants,problematic school boys. Their irritating long hair,bad odour,dark skin,wearing boots and black metal logo T shirt made you feel so uncomfortable,worst still if they disturb young girls.These are the people that usually take bus,i am not discriminating but if you were parent,would you want to take risks or rather to pay more?
Recently i was hosting my foreigner friends to Petaling Street,i found there was a lot of Indons,Bangla and locals that i describe above,seems like another Chow Kit.
Our people are so sceptical to changes and there is not much time left for the gov to revamp the whole public transport network.
Drivers,just pull out more from your wallet and the most,just swear a bit but don't be too loud. NO Cash? Use your Credit Card la. Not enough Limit,apply few more Cards lo but don't ever try to Pinjam ALONG.

All the comments above ring true. Except i don't think the govt was even aware they exist when it decided to just unload the crazy idea to make motorists pay for public transportation upgrading.

In addition, it's sheer cowardice not to admit that it didn't know how much the rakyat are suffering, given that only by them it got the vote.

Then it tries to hide its mistake, insensitivity and disconnect from the rakyat by muzzling the media, blaming the opposition, using befuddling cost models and calling for a meeting of 5,000. One fiasco immediately following another. What a joke!

The money spent on assembling 5,000 people from all over the country just to listen to after-thoughts could have been better spent finding out first exactly how much money is left in the average rakyat keluarga at the end of each month, in order to decide whether they can ever afford such a price hike. When people take to the streets, it means subterranean troubles have surfaced. That is sufficient indictment of governance gone kaput.

So what's next? Repeal the hike, and do that study. Also, seriously consider what thomas has written in another post - go gas.

We're a natural gas exporter and yet our taxis have to queue for hours to get NPG from the few Petronas stations in the city.

Why not abolish all taxes and duties and APs on hybrid cars and NPG vehicles and expand the use of natural gas?

If anything, that should incentise Proton to wake up its market analysts on technology trends based on increasing scarcity of resources.

Exactly what happened when General Motors USA blinked and Toyota hit it with the sellout Prius hybrid.

One groans. But only for the long-suffering rakyat at the mercy of an insufferable government.

Which can't seem to do anything right anymore.

Telco too.

The rakyat knows the rational of the 30 sen and the current world-wide petroleum issue. Regurgitation only makes them angrier. Explain your plan to help the rakyat. Explain how the country's khazanah is used for development and for future generations to come. Show the Master Plan for the country's transportation by year 2008, 2010 and 2015. Show your sincerity.

Thank v2k20; you posted it twice. :-)

Anyway, how many person in BN does it take to change a light bulb?

5000 person.

1 holding the lightbulb and 4999 turning the table.

teh-o,
//The buses are filled up with illegal immigrants,problematic school boys. Their irritating long hair,bad odour,dark skin,wearing boots and black metal logo T shirt made you feel so uncomfortable,worst still if they disturb young girls.//

I was agreeing with your points until you said this. Thank you for overgeneralising.

How many in BN to change a light bulb?

One to buy the bulb, one to prepare the report on how much it cost, one on the racial, social and economic implications of buying a 40 watt bulb, one to tell the people why they bought a 40 watt bulb, one to spin the 40 watt bulb to be some sort of everlasting magical lightgiving instrument, one to drive the bulb changer to the socket, four for outriders, one to hold the bulb and 4999 to turn the house.

Phew.