my thoughts on Najwan’s critical essay

salam….

i somehow agree with u my fren….anyway the world oil crisis will inevitably affects every single country in the world….its anywhere….plus Petronas keeps on loosing money as they need it to compete internationally even more vigorously than ever….the scarcity of oil has embarked a new kind of desperation for oil companies…every major oil player of the world now is doing a "machiavellian" way of surviving in the market especially in deep sea exploration…if we keep on holdong the hike…it will in the end make Petronas even  "ketinggalan" in the competition in technology and in the end will force the government to increase the oil price even more due to Petronas failure. Remember petronas is one of Gov major financial booster.

Plus, Malaysia’s gov is still controlling the oil price to make it standrad while in other places it is up to the oil companies whatever they wanna charge….so the Gov has to pay those international companies a certain amount of money to compensate their loss….so like it or not the situation does not allow the gov to side the public by avoiding price hike….

talking about Mahathir….there was no major oil crisis during his time…one was way back in 1979 and it recovered along the way until 2004 if im not mistaken…u can check the oil price graph on the internet…..then suddenly 2005 it jumped up to the highest price after the 1979 crisis…..so in my opinion it is not right to blame pak lah’s cabinet in this particular issue….yes he seems vulnerable but the gov decision for hiking oil pricis in definitely inevitable….

I guess it is about time to change to hydrogen power supply for cars….I dont think that it will cost that much….just that the gov and the people in malaysia need to consider alternatives for eenergy esp for vehicles……a renewable energy like i said above…hydrogen…..check it out in the internet…

anyway i gtg….correct me if im wrong…..nice essay najwan….ade benarnya ur essay….we will discuss again ok….

salam

Najwan wrote:
> Why hike 30cent to RM1.92per liter when the
> government can make it easy by hiking it up to
> RM2.00 ?
>
> That would at least make it easier for the low
> income consumers to buy petrol.
>
> I know a lot of people do not like Tun Dr. Mahathir
> during his premiership as Prime Minister of
> Malaysia.But looking back at how he do things
> and protect the oil prices from hiking up every year
> like now, regardless what people say about him,i
> still wish he’s the Prime Minister now instead of
> Abdullah Badawi.
>
> A sudden hike to 30cent and no other hiking up for
> this year.Yea right!! And i’m sure it will be hiked up
> again next year,maybe it’s gonna be 50cent.The
> government can make it easier to the Malaysian
> people by hiking it up on stages,10 cent every 4
> month.
>
> I just don’t understand it.I do not see a Government
> that’s fighting for it’s peoples welfare and future,but
> a government that is making things worse each
> and every year.With the new but old cabinet line
> up,what does these corrupted people can do,hike
> more prices to make Malaysians suffer?!

3 Responses to “my thoughts on Najwan’s critical essay”

  1. AzMaNN Says:

    “plus Petronas keeps on loosing money as they need it to compete internationally even more vigorously than ever”

    What do u mean they’re losing money? I thot when oil price increase Petronas’ revenue should increase as well…besides they keep topping their own revenues every year or so…

  2. jazlan Says:

    they are losing money relatively…meaning marginal money produced is decreasing or shud i say economic profit is increasing at decreasing rate..sbb petronas kene compete…so byk duit kene spend on research and improving the technology that they use…if not they will ketinggalan jugak in the end…plus petronas kene jugak kuar duit untuk compensate other oil companies yang labur kat malaysia….sbb kite kene hold the price std….so basically to make it stable money out and money in….and since that keadaan skang memang harga minyak dunia naik due to scarcity….supply curve will shift to the left..so harga equilibrium akan naik jugak….

    tapi aku percaya ade care untuk selesaikan masalah ni dgn strategi yang betul…

    Thnx man!!!

  3. 'imran Says:

    guys, the now retired a. kadir jasin wrote a very insightful piece in defense of the gov’s decision. check it out:
    http://kadirjasin.blogspot.com/2006/02/mengatasi-beban-kenaikan-harga-minyak.html

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