for those about to rock, we salute you:

AKA : erimin
Email : erimin@yahoo.com
Location : Malaysia
Age : Who wants to know?


Want-To-Meet List:


Eddie Vedder ( Pearl Jam )
Steven Gerrard ( Liverpool FC )
Linus Torvalds ( Linux Creator )
Angelina Jolie ( she r0x ! )

Want-To-Go List:

Lollapalooza
Seattle USA
Woodstock Festival

Chat :





Links:


Ah Ros
Bennar
Donz da Man
Wing Loon
Simon & Jun
Efun




ads on blogs

PPP Direct

Archives

  • July 2005
  • August 2005
  • September 2005
  • December 2005
  • January 2006
  • February 2006
  • March 2006
  • April 2006
  • May 2006
  • June 2006
  • September 2006
  • October 2006
  • November 2006
  • December 2006
  • March 2007
  • April 2007
  • May 2007
  • June 2007
  • July 2007
  • August 2007
  • September 2007
  • October 2007
  • November 2007
  • December 2007
  • January 2008
  • February 2008
  • March 2008
  • April 2008
  • May 2008
  • June 2008
  • July 2008
  •  

    Thursday, March 30, 2006

    Fuel Prices

    Got this mail from a friend this morning, very interesting .....read on
    *warning , this is a motherfucking long entry, dont fall asleep*


    READ OOI's LETTER, THEN READ THE REBUTTAL
    Oil prices in Malaysia still cheaper
    Paul Ooi, Colorado
    Mar 6, 06 2:19pm

    It seems that many quarters of the Malaysian public are getting very agitated with the fuel price hike. As a Malaysian living overseas, I can only say that even with the price hike, Malaysians are still paying less for petrol than most Western countries, including the US.

    After conversion, the price per gallon of petrol in Malaysia will be US$2.00 compared to the US$2.35 average in the US.

    The last time I was in Japan and Hong Kong, those countries were paying US$3.50 and US$4.50 per gallon respectively! Furthermore, in the US, the price of petrol is adjusted at an almost daily basis to reflect daily market price fluctuations. In Malaysia, the prices are fixed at the national level below international prices because the government is already subsidising the commodity.

    There is no political or social agenda on the part of the Malaysian
    government as these prices are actually beyond the control of any
    single national government. The real problem is that we are facing
    growing demand for petrol as Asian giants India and China continue to industrialise and compete for the same finite fossil fuel resources as the rest of the industrialised world. The problem of political instability in producer nations like Iraq and Iran has exacerbated the rising cost of petrol as anxiety levels in the world market increase.

    My advice to my fellow Malaysians is to review our petrol consumption patterns and where possible cut down on unnecessary travel with the family car. Malaysians are used to the idea of taking the Proton even to ferry people from one place to another within a distance of one kilometre.

    The shopping mall parking lots are filled to the brim during weekends with many single occupancy vehicles. City and municipal governments need to re-emphasise the development of public transportation to cut down on private car usage. Malaysian driving and commuter habits are actually very similar to those in America, resulting in a highly petrol-dependent population.
    ---------------

    'Understanding' won't put food on table
    C Nimitz
    Letter to Editor
    www.malaysiakini.com
    Mar 7, 06 3:51pm

    I refer to the letter by Paul Ooi of Colorado entitled Oil prices in Malaysia still cheaper. I must say Ooi's comparison of petrol prices in Malaysia and the US is not logical, to say the least. He implies that we Malaysians should not be so agitated over the recent hike in petrol prices because we are paying US$2 per gallon while the Americans, Japanese and Hong Kongites are paying US$2.35, US$3.50 and US$4.50 respectively.

    I am totally surprised that it did not occur to a well-travelled person like Ooi that Malaysians make much less than the people in the three places he named. Malaysia has a GDP per capita of US$10,400 while the United States, Japan and Hong Kong have a GDP per capita of US$41,800, US$30,400 and US$36,800 respectively. Now, is Ooi actually saying that someone who makes US$10,000 a year and pays US$2 for each gallon of petrol is better off than a person who makes US$40,000 a year but pays US$2.35 (a mere US$0.35 more) for each gallon of petrol? Doesn't make that much sense, does it?

    I'm tired of the usual banner of 'oil prices in Malaysia are still cheaper when compared to others' every time price hikes take place.
    The government must think we Malaysians are a bunch of donkeys. The fact is, despite the mediocre education the government gives to most of us, we can actually do simple maths. If the government had really done its job all these decades, we would not be plagued by corruption and wastage and would be doing so much better in the income and purchasing power departments. The issue of oil subsidy would not even arise as we can then afford to pay for unsubsidised fuel.

    The government also launches into elaborate explanations as to why we need to reduce subsidies for fuel and inject the salvaged money into 'much needed' development. But since the past four or five price hikes, our development has remained at that - 'much needed'.
    Can anybody honestly say that the public transportation system in our country has improved ever so tremendously so as to finally allow us to depend on it to get to work, to school, to the market, the court, the hospital, for meetings, etc?

    Okay, so we understand the pressing economic need to put our money in development, money which will otherwise be wasted away in fuel subsidies. Understanding, however, does not put food on our tables. Despite our comprehension of the economics of fuel subsidies, we still cannot make ends meet. I'm not against the idea of development. It's just that for the past 18 months or so, petrol prices have increased about 40%, diesel prices about 100% and I have not had 1% of increase in my pay. How, pray tell, am I supposed to cope with this increase in the cost of living? The saying goes that by the time you can make ends meet, they move the ends. In my case, I was not even close to making the ends meet, and they have already moved the ends.

    For the benefit of Ooi, I present the typical monthly expenses of a middle-income earner in Kuala Lumpur:

    Salary: RM2,600.00 (after EPF and tax deductions)
    Minus:
    Housing: RM300
    Car loan: RM500
    Study loan: RM200
    Phone and Internet: RM150
    Insurance: RM180
    Petrol (lives a distance away from KL to take advantage of lower
    house rent) - new price: RM600
    Toll: RM180
    Salary left for food: RM490

    No savings, no entertainment budget, no new clothing, not much to give the family. And when the time is up for car insurance and road tax, credit card debt is incurred. Please don't tell this person to take public transport. First of all, public transport does not reach where he is living. Secondly, I really would not dare to ask him to rely on the public transport to get to work and meetings on time. If he is a lawyer, then he definitely does not want to take public transport unless he doesn't mind his cases being struck out by the court due to his late appearance.

    If that is the life of a middle-income earner, my heart really goes out to the low-income earner.
    I do not think Malaysians are being unreasonable about the hike in fuel prices. Trying to make ends meet and making sure the family has enough food is not unreasonable. Feeling desperate and angry when price hikes takes away the ability to buy enough food for the family is not unreasonable.
    Unreasonable is when one complains about having to buy less Gucci shoes.
    Unreasonable is when the politicians who are elected by the rakyat and are living on the hard earnings of the rakyat tell their countrymen to change their already marginalised lifestyles when they themselves are driven around in luxury cars while living in mansions and having their petrol paid for by the rakyat's tax money.

    Unreasonable is when one tells people earning less than RM1,000 a month to tighten their already tight belts when he himself dines on the finest food in the finest ambience. Unreasonable is when the VIPs and the politically well connected send their mediocre-brained children overseas for further education through full Government scholarships at the expense of the taxpayers' children not even having a chance to get half a scholarship.
    Unreasonable is when the income tax relief is still pegged at RM 5,000 for the head of household (averaging RM 400 per month), RM 3,000 for the spouse (RM 250 per month) and RM 800 per child under 18 years of age (averaging less than RM 100 per month).

    Coming back to Ooi, since he had so selflessly offered advice to spendthrift and inconsiderate petrol-gulping Malaysians to change their lifestyle, allow me to reciprocate his kindness. My advice to Ooi is to come back to Malaysia, make Malaysian ringgit and pay US$2 for a gallon of petrol. Ooi can also practise what he preaches about reviewing 'our petrol consumption patterns'. In saying this, Ooi joins Noor Yahaya Hamzah of New Zealand in admonishing Malaysians over their reluctance to walk or ride a bicycle instead of taking the car.

    Notice how these people are always those who live outside Malaysia?
    They give their patronising advice from their comfortable homes in First World countries with First World incomes and comfortable climate. It would not be so easy to mete out such generous advice if you were living in a Third World developing nation with your Third World income and sweltering heat.

    - END OF STORY -

    Interesting eh ?

    [11:36 AM]

       
       
    Google