It is a reality now. But the announcement came too sudden causing more fuel burnt and time wasted in the evening of June 4, 2008.
- It takes an extra 30 minutes to bring my baby back from the babysitter’s house. The distance is only 5km per trip.
- Many vehicles are jammed and trapped on the road, especially where it is approaching a petrol station, regardless of whether they’re queuing up for the last minute cheaper petrol or not.
- Hours are spent talking about the fuel hike, which is obviously unproductive and won’t contribute to the country’s GDP, nor the household income.
- the unexpected high amount of warning SMS being sent, causing temporary communication breakdown at certain areas.
Fuel and Electricity Hike News
What the people said:
What TNB announced:
The most entertaining of all, is what the bloggers said!
Fuel Hike – Char Kuey Teow RM7.50?
Inflation will hit Malaysia. Order your Char Kuey Teow now before the price increase.
Fuel and Electricity Hike, Money needed for Final Battle
There is something going on according to Stocktube. Someone is hungry for last minute funding.
Could the country pushed to the brink of Recession?
Just like Robert T.Kiyosaki said in his book, the middle class will vanish. There will be wider gaps between the rich and the poor.
Fusion Investor: Petrol Up 78 More Sen!
There is a big unallocated portion of the saving from the subsidy cut, not addressed. The amount is about RM30 billion, according to Seng’s estimation.
Malaysia-Finance Blogspot: Frayed Nerves All Around
Dali gave his opinion about Seng’s calculation.
Back to the question at the beginning of this post: What Can You Do About Fuel Hike?
What Can You Do About Fuel Hike?
- driving less,
- spending less,
- eating less,
- voting smart (next time)
the only long term solution is to increase your financial intelligence – make more money!