Comments on: Petrol price hike protest

By: cardevect

cardevect — Mon, 16 Jun 2008 09:02:39 +0000

Penang City Stadium 15.6.08

shot video clip & picture

http://www.youtube.com/watch?v=z9GNNZbm5-E

By: Twister

Twister — Mon, 16 Jun 2008 06:33:44 +0000

As far as i’m concern is that everything are on the high side because of the fuel hike except for my salary!!! We need a government that can provide us stability in terms of economic and overall the “rakyat” can live harmony in next generation to come.

BUT I DON’T SEE ANY NOW..

By: Kasim Amat

Kasim Amat — Mon, 16 Jun 2008 05:28:26 +0000

To allow bloggers to post thoughts freely is already a big breakthrough in Malaysia and this shows the open minded policies practised by the BN government. I urge everybody to give constructive advice and not insulting remarks especially words that are sensitive to other races! KualaPenyu, your posts will continued to be monitored.

By: Kasim Amat

Kasim Amat — Mon, 16 Jun 2008 05:24:40 +0000

People should stop harping on the issue of fuel increase and instead should be focusing on the right things ie nation building and how to get everyone to unite behind the BN led government at this difficult time. What the government need is the understanding and support from people so that other plans can be put in place. We should feel lucky as Petronas is able to make profit every year in the midst of stiff competition. What if Petronas doesn’t? If this is the case, then there is no question about subsidy or no subsidy. Again, we should feel proud about Petronas as it is being managed by 99% of bumiputra and is a Fortune 500 company. Who says Malay cannot run a big corporation? Without Petronas, we will not be able to achieve a lot of things in order to be world class ie bring F1 to Malaysia, having the world’s tallest twin buildings, having one of the best airport in the world and the high quality living environment in KL etc etc. We should fee lucky that Malaysia does not have any natural disasters. We must be grateful for what Allah has given us.

By cutting the Minister entertainment allowance, the government has already led by example. Which country’s Minister work for free?

By: blablowbla

blablowbla — Mon, 16 Jun 2008 01:32:38 +0000

Anak Malaysia:

the present gomen is robbing our wealth and we still need to say thank you!
like the police torture us:”cepat-2 kasi,banyak orang tunggu kat sana!”,and you hv to say:”terima kasih tuan kerana beri peluang saya jadi kambing biri-2!”

By: KualaPenyu

KualaPenyu — Sun, 15 Jun 2008 17:30:34 +0000

At the moment, our country proven oil reserves stance at 3.0 billion barrels. If we keep sucking it up at the current rate, we will run out of it in 11 years time. But fortunately for us, we have a few new tank in Sabah offshore: Gumusut, Kakap, Malikai, and Semporna offshore. Hopefully we will discover a few more in the future. Also our country oil company already operating in 32 foreign countries.

By: KualaPenyu

KualaPenyu — Sun, 15 Jun 2008 16:53:11 +0000

In 2006, our country produces an average 798,000 barrel/day. But we domestically consume 515,000 barrel/day, means with net export 283,000 barrel/day.
798,000 X 365 = 291,270,000 barrel/year.
So, with current price of oil at USD130/barrel:
291,270,000 X 130 = USD27.8651 billion @ RM124.95483 billion.
1 barrel = 159 litres
Depending on crude oil quality, a barrel crude oil can produce total fuel ranging from 19 litres to 75 litres (12% to 47%). High quality crude oil can produce up to 47% fuel (petrol, diesel). Fortunately, our country crude oil tends to be of high quality. Malaysia’s benchmark crude stream, Tapis Blend, is very light and sweet with an API gravity of 44° and sulfur content of 0.08 percent by weight (http://www.eia.doe.gov/cabs/Malaysia/Oil.html)
OK, let’s say we use “Anak Malaysia” percentage of 46% fuel production per barrel:
- Domestic consumption 515,000 barrel/day @ 187975000 barrel/year.
- 187.975 million barrel X 73.14 litres (i.e 46%) = 13.748491500 billion litres of fuel/year.
- 13.748491500 billion litres X RM2.70/L (current price) = RM 37.38884331 billion.
*Before price increase, petrol at RM1.92/L.
- 13.748491500 million litres X RM1.92/L (before increase) = RM 26.3971037 billion.
With the increase of 0.78 cents petrol price, BABI NASIONAL get an extra profit roughly RM 10.7 billion from the sale of petrol to the rakyat. I said extra because our country was a net exporter of oil.
It’s true that we use 515000 barrel/day, but we all paid every drop of it. NOT FREE, and this is only 46%/barrel with another 54% valued RM43.57674045 billion in our domestic market.
Hence, for Kasim Amat who is defending Khinzir J from BABI NASIONAL whom he refers as a smart advisor for AAB, WHERE IS THE DAMN OIL SUBSIDY? As far as i’m concern, only the sleeping Kasim Amat saw that our fuel being subsidised.We are paying our fuel according to the international market price at the moment you moron Kasim Amat!!!!!!
Our total petrol usage per annum= RM37.38884331 billion
Our cabinet ministers entertainment allowance=RM20.00 billion
Wake up Kasim Amat!!!!!!

By: Damocles

Damocles — Sun, 15 Jun 2008 09:38:07 +0000

Well folks, don’t take Kasim Amat and company too seriously.
By all means chew him up or treat him as a bit of diversion.
Once the PR (Pakatan Rakyat) takes over the reigns of the government, he and his ilk will be history!

By: citizenwatch

citizenwatch — Sun, 15 Jun 2008 06:16:28 +0000

When the BN government hiked up the fuel price it was hoping that through ‘info’ of BN media and the impact of the move would be diluted by the global hike and protests and it went for broke. But seems like the the rakyat, again through the alternative media are not buying it and they are fighting back.

An intersting piece of news, - one of the organizers for GERAMM made a statement before the demonstration at Kpg Baru mosque that the police would not disturb the demo but in fact would help because they themselves feel the pinch from the fuel price hike!