Fuel price down 10sen by midnight

The annoucement is out:

PETALING JAYA: The retail price of petrol and diesel will go down another 10sen effective Wednesday.The new price:

RON97 petrol would be RM1.90 per litre down from RM2.00
RON92 petrol and diesel would be down to RM1.80 from RM1.90 per litre,

Prime Minister Datuk Seri Abdullah Ahmad Badawi said in a statement released at about 5pm on Tuesday.“As the world fuel price has had a sharp decrease lately, the Government has decided to once again reduce the retail price for the public’s benefit,” he said.

This is the fifth time petrol and diesel prices had been reduced since Malaysian petrol retail prices hit a high of RM2.70 per litre in June.


So Shell V-power will be RM2.35 per litre...so my scooter will start using the new petrol price next week as I had just fill up today..hmmm.Balik kampung will be cheaper as well. I hope price of essential goods will also reduce.

Why the silence!

Pak Lah announced reducing the petrol price to RM2.55 per litre and diesel to RM2.50 per litre on 23/8/08, during that time the world crude oil price was usd121.00. Now the world crude oil price has drop further to usd109.00 per barrel as of today....why no new annoucement of further reduction of petrol price?