Fuel Price Hike
posted by Francis Xavier at 11:54 PM
This is the biggest increase in the history of the country and is a shame because Malaysia is a net exporter of petroleum.
Petrol price up by 78 sen, which is about 40%. That’s a very hefty hike indeed! And it wasn’t surprise to see so many drivers rushing into petrol stations to refuel their tanks. Since Abdullah Badawi became Prime Minister in 2004, petrol has gone up by 97.1%, while diesel increased by a whopping 231%.