Saturday, November 1, 2008

Fuel Price Once Again Reduce - The 4th reduction

Expectedly for my previous notes that fuel price might reduce again by early of November, it really become reality. Thanks to our government that revised the fuel price and thanks god that the global oil prices went down drastically.

So, the new price for RON97 is RM2.15 a litre (from RM2.30). Both RON92 and diesel are now RM2.05 a litre from RM2.20 previously which mean that all type of fuel were decreased 15 sen per litre.

During the announcement of the fuel price reduction, Prime Minister Datuk Seri Abdullah Ahmad Badawi said in a statement that the Government had decided to expedite the reduction to allow the public to enjoy the benefits and added by Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad that if the world crude oil price continued to drop at the present rate, local pump prices would likely revert to the pre-June price of RM1.92 per litre.

Therefore, we are still hoping for the reduction of fuel price by the middle of November...

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