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s'pore govt had all along been making their ppl pay for petrol / diesel at full market price & there's totally no subsidy for their car owners may be exception for taxi drivers in s'pore where individual taxi companies will give some hand out to help them ride over the high cost......

in their country its a free market eg: if international price of fuel went up they will adjust their pump price based on first in first out basis.......so if prices drop they will readjust prices again depending on movement of international prices.....

i doubt m'sian govt will bring down prices even if int'l prices were to go down......as we still enjoy some subsidy....they will give execuse like cost of production had gone up....blah blah blah as reasons for being unable to bring down prices even when int'l prices had down a little.....

Would you rather pay market price @ RM 5.33 or the subsidized price of RM 2.70?

So be grateful with what you have and stand on your own 2 feet.

Don't blame the world for rising oil prices or the government for not "feeding" you enough.

And don't expect Petronas and/or the government to rename itself to "Persatuan Kebajikan untuk menolong orang Malaysia yang tidak mampu beli petrol (dan tahu komplain sahaja)"

Face the facts, stop complaining & live with it!

Jeff,

what was the price of crude oil when Malaysia announced the hike from RM 1.92 to RM 2.70?

That price didn't increase when crude oil increased to USD141/barrel. To expect the petrol price to reduce when crude oil reduces RELATIVE to USD141 is simply misleading the public.

Don't do that.

I otherwise, please accept my apologies.

GreaterGood,

use your brain my friend. You will get Alzheimer if you keep it idle.

The keyword are STRONG BUYING power.

Once upon a time, the Ringgit are strong, then ringgit slowly slide against all regional currency to gain competitiveness. And the government subsidies lots of lots to make everything looks cheaper, but minus efficiency on output.

So called market price of RM5.33/S$2.00 show many people failed to grab the idea of buying power.

If Ringgit keep up 1980 strength , RM1 vs S$1, there will be no rubbish argument about subsidies or unsubsidies.

I believe that if Malaysian stop subsidising petrol, we might be able to see the up and down movement of petrol prices. After all that's what happens when demand and supply forces determine prices.

Will it be beneficial for Joe Rakyat? Sure, we will be more efficient in our consumption.

The poor? Maybe not, but governments in power will always have to make special provisions and allocation for them anyway...

sorry today off topic.....

Eg: 1 cup of coffee in jb coffee shop @ today's price is RM1.30

1 cup of coffee in s'pore coffeeshop @ today's price is 80 singapore cents.

exchange rate:(s$1=RM2.38)
RM1.30= s$0.55
[(0.80-0.55)/0.80]x100%=31.25% cheaper than s'pore

(RM1.30-s$0.80)=0.50 more expensive than s'pore

guys see the difference ? in eyes of foreigners our cost of living is cheaper but in local's eyes its expensive. coz of exchange rate diff......

ordinary office worker in s'pore could command a salary of s$1k-s$1.7k but whether one could get such salary depends on one's experience & expertise....

i still remember when i started working in sabah as a a/c assistant in year 2002 , i get a miserable pay of RM600 per month haven't deduct EPF & SOCSO.

our pay so low yet our cost of living so high.
in s'pore their pay is much higher yet they pay lower cost of living than us.

let me illustrate one more eg: in sabah in yr 2002 one plate of economy rice cost RM3.50 (3 dishes) , wherelese in singapore it costs only s$2.50 (3dishes)
diff: (RM3.50-s$2.50)=1.00
cheaper than sabah.