Wednesday, December 17, 2008

Petrol Calculations

Observation:
When crude oil was USD $140+, our petrol price was at RM 2.70 (30 cents subsidy by gomen)
Now crude oil around USD $40+, our petrol price is at RM 1.80 (gomen making "some" profit)

Some Calculations:
USD$140 to USD$40 is a discount of around 70%
RM 2.70 to RM 1.80 is a discount of around 33%

Explanations:
Crude oil can go down by 70%, but our petrol prices go down by 33% only. If we follow the crude oil 70% discount, we should be paying RM 0.90 for petrol.

Context:
To be fair, as revealed by the government, when the price was at RM 2.70, there was a RM 0.30 subsidy. Therefore, if we follow the 70% discount, we should be paying RM 1.20 per liter.

Conclusion:
Maybe it takes alot of money to convert crude oil into petrol
Maybe gomen is losing alot of money coz Malaysia is a net exporter of oil, therefore the "profits" of petrol price is to offset the "loss"
Maybe someone is siphoning the additional money made
Maybe gomen think m'sians dunno how to count
There isn't a conclusion on this one...

Tuesday, December 16, 2008

"Used" car dealers part II

I blogged on "New DBKL Clamping down on "Used" car dealers?" on 5th August 2008, where they demolished a few 'tents' at KL.

Yesterday, DBKL came around and demolished the office building too.

Before:


After:

Thursday, December 11, 2008

Another X20 Owner Blogs

Welcome Mr. Kumar to the blogging world. Now we have another Silver X20 fella blogging! The more the merrier!

VISIT NOW @ http://elantra-x20.blogspot.com/

2 X20 Sightings

I spent the weekend at Bukit Tinggi. On the way, in a Toyota Altis, I saw a silver X20.



This morning, on the way to work, I saw another silver X20 coming out of the RM 2 toll from TTDI to Mont Kiara. When you see the alphabets "WSB", what is the first thing that comes to mind?


I thought of WASABI! Btw, my wife loves Jap food.

Tuesday, December 2, 2008

Sightings... poor guy

This silver X20 was spotted today filling up at an Esso station beside my office. Poor guy, probably had NO IDEA that the prices were going down this midnight. Anyway, if he filled up a FULL TANK of 55 liters, he would only save RM 5.50.

Thats enough for a... a... 2 hour car park in KL?

Petrol Prices Down Down Down

Petrol prices going down by 10 cents. An all time low of RM 1.90. I still remember the days when petrol was RM 1.92. Happy thoughts and feelings for my 2-liter engine car.

=D

Paul Tan link

MalaysiaKini link