Petrol Price - Up Up And Away

Malaysiakini

5-in-1 price hike: Fuel, sugar and gas up
Jul 15, 10 6:19PM
UPDATED 7.40PM In a move that is bound to create inflationary shocks, the government has raised the prices of fuel, sugar and natural gas.


The Star Online

Thursday July 15, 2010
Prices of sugar, petrol, LPG and diesel to go up Friday
From Friday, the subsidies for sugar, petrol, liquefied petroleum gas and diesel will be cut as part of the Government's gradual subsidy rationalisation programme. The price of sugar will go up 25sen to RM1.75 per kg; LPG will go up 10sen to RM1.85 per kg; RON95 petrol will be up 5sen to RM1.85 per litre and diesel will be up 5sen to RM1.75 per litre. RON 97 petrol will no longer be subsidised - its price will be determined by the automatic pricing mechanism.

Here we go again. After the drastic hike of petrol from RM1.92 to RM2.70 per litre by our past PM Abdullah Badawi, the traders plus ever our some of our Utility guys took the opportunity to raise their prices. After readjusting back to RM1.80 per litre, prices of things have not gone down. Now with this hike in price again, are we gonna see adjustment in prices of our daily necessities and food too? I don't dare to think. It's already getting difficult to make ends meet...now with this it can only get worst.

AUSTERITY DRIVE !!!