Shahrir Samad, Malaysians are not idiots.. Stop lying!

The government does not only consider the crude oil price but also other costs, such as for refinery and the processing, to determine the pump prices of fuel.

“It also has to calculate the margin for the industry of 19.54 sen per litre for petrol companies and 12.19 sen per litre for petrol stations, Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad said in the Dewan Rakyat today.

Shahrir, (No more calling him Datuk for me. If you notice I seldom refer any politician as Datuk, except Datuk Jessica Alba) it seems like you have completely gone over to the Dark Side. I used to respect you, as one of few UMNO members who has some intergrity and balls. Now you are spouting twisted, retarded bullshits for Malaysians to digest?

Let me remind you again, on June 5th, 2008, the government adjusted the fuel price to RM2.70 per litre. At that time, the world crude oil price was US$125 a barrel when the government restructured its oil subsidy scheme with petrol getting 30 sen a litre in subsidy. On June 8, the price shot up to US$139 a barrel and the average crude oil price for that month was US$132 a barrel and the government subsidised petrol by 64 sen a litre.

Based on that, our oil price (inclusive of tax and other costs) without subsidy was RM3.00 when the world crude oil price was US$125.

A quick calculation:

Petrol without subsidy = RM3.00 at US$125 per barrel

at USD 50, oil prices have dropped 60%.

Therefore, our petrol price (without subsidy) should be around RM1.20

So, we are paying RM0.80 per litre in “fuel tax” – a whopping 40% of the fuel price!!

Do you think we are idiots? The commissions have not changed at all. So how does it affect cost of fuel? Also, he cost of producing fuel is not borne by the govt, but by the oil companies and paid for by their fixed commissions. So it has absolutely ZERO impact on fuel prices!

Just like what this guy mentioned in his letter to Malaysiakini – Have we forgotten world crude oil prices have dropped?

In June, the government, in all its brilliance and intelligence, increased the price of fuel by 78 sen to RM2.70, justifying this increase to the increase of world crude oil prices to US$147 a barrel. However now, crude oil has fallen to US$62 a barrel.

Using my Standard 4 mathematics, if crude was at US$147 and the price of petrol went up to RM2.70 a litre, would it not mean that if crude oil price has dropped by half, petrol prices should be also half of RM2.70?

At the time of his writing, the world crude oil price was at US$62. Worst, if we use the world crude oil record price at US$147 a barrel and RM3 per litre petrol price (without subsidy) in Malaysia at that time as comparison, we should be getting RM1.02 per litre now WITHOUT SUBSIDY based on the current world crude oil price at US$50! But yet we are paying RM2.00? All because there are ‘other costs’ to be considered?

Are you telling us, the cost of oil production, exploration, and ‘other costs’ have increased a whopping 40-60% from June to November!!?

Fuck you! I am not that dumb, yet and I refused to be threaten as one. Do you?

ps: This is the best time to persuade Malaysians to abandon the subsidy mentality.

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21 Responses to “Shahrir Samad, Malaysians are not idiots.. Stop lying!”

  1. sootspirit wrote on Nov 21, 2008 at 2:17 pm

    minyak naik harga, orang bising
    minyak turun harga, orang bising jugak

    kdg2 dia reduce price sikit jek compare dgn reduction of price secara globally
    sometimes i wish those idiots will just shut up
    konon2 bile cakap turun org suke lah tu
    bangga seh turunkan minyak 20sen jek
    padehal lagi nampak byk flaws dlm calculations kan
    hehehe ➡


  2. sootspirit wrote on Nov 21, 2008 at 2:19 pm

    i mean turun harga msti la kena announced
    tp alasan dia turunkan harga kdg2 mcm tak kena
    konon cut down this and that
    subsidi this and that lah
    apa i merepek ni
    heee m not verbally intelligent today~


  3. bongkersz wrote on Nov 21, 2008 at 2:27 pm

    relax babe. today is friday.. kena sejuk sikit 😛


  4. bongkersz wrote on Nov 21, 2008 at 2:28 pm

    orang bising kalau tak betul.

    if they do things right, we have less to complain. but treating us like idiots.. given half baked, twisted facts.. that’s yang meluat..


  5. sootspirit wrote on Nov 21, 2008 at 2:28 pm

    sini tengkujuh
    raininggggg setiap hari
    i sejuk gile ni even tak bukak kipas
    so i need to be emo utk panas

    what la bong?
    did i sound that emo ke?
    hehe 😛


  6. bongkersz wrote on Nov 21, 2008 at 2:33 pm

    ahaks.. reading my posts.. most of it emo also. tapi my emo = angst. satu jer perasaan. bengkeng memanjang…


  7. NoktahHitam wrote on Nov 21, 2008 at 2:34 pm

    Bro, the ceiling rate for cost of exploration is USD35 per barrel. That is crude oil, which you can’t use at all unless processed. Since refinery needs maintenance etc, add at least USD5 per barrel. Now logistics,.. I have no idea how much.

    The point is, you have to minus cost of production before you can use the % rule.

    That being said, government is definitely making profit from us. Tipu lagi rakyat.. babi.


  8. JinG wrote on Nov 21, 2008 at 2:48 pm

    Naik banyak banyak.. turun sikit sikit sudah mau bangga kat sana.. change government larr…


  9. bongkersz wrote on Nov 21, 2008 at 2:49 pm

    I don’t have to kira all that bro. Just simple comparison before and after, since ‘before’ you also have same components in the calculation (cost of productions.. logistics.. maintenance), everything still the same.

    So, we can just look at the ‘final product’ price. As I said, is it justified, just by looking at the price we have 40-60% increase of ‘other costs?’


  10. aeropama dot com wrote on Nov 21, 2008 at 2:57 pm

    agreed with NH. the calculation is not that simple. i aware of that.

    masalah sebenar adalah kegagalan kerajaan urus kewangan dan sumber asli negara. kalau duit dah habis dengan membazir untuk benda yg mengarut, cara nak cekau duit adalah dengan cut subsidi minyak. kununnya nak kurangkan bebanan. tahi! padahal diorang buat duit melalui jualan minyak.


  11. bongkersz wrote on Nov 21, 2008 at 3:02 pm

    I also agree with NH, the actual calculation is not that simple. But, again, it’s not that complicated, really 🙂 I stand corrected if my assumptions are wrong 😛

    Sekarang, kerajaan hendak mengkaji semula kadar tol. Hoi, improve the public transportation so we don’t have to drive, lah!


  12. NoktahHitam wrote on Nov 21, 2008 at 3:45 pm

    Standard retail price = Price per barrel + production cost.

    Government selling price = Standard retail price + Other Cost..

    LoL! Come on la, make it RM1.50 per liter. I can drive 180kmh on jalan ampang!


  13. NoktahHitam wrote on Nov 21, 2008 at 3:50 pm

    I meant to write about toll rates. 10% for midnite? That’s like 17 sen to Bangi! Seriously what can I buy with 17 sen? Gule-gule hacks to keep me awake?

    How come autobahn is free? Germans are paying 50% tax to jews, yet can still be the best no lump&bump highway with chopper rescue force.

    Buat lah kau project Iskandar. Let’s hope it wont be something like Cyberjaya, a ghost town.


  14. bongkersz wrote on Nov 21, 2008 at 4:00 pm

    The focus is wrong! The government has been talking about public transportation since forever, get it done lah!

    10% for midnight, who drives at that time? People coming back from Zouk? Jalan P. Ramlee? Flame?

    Funny don’t you think? You pay less when it’s not jam (during midnight) but pay more when it’s farking jam (daytime). HA HA HA! I love this.


  15. bongkersz wrote on Nov 21, 2008 at 4:01 pm

    Ah, now that makes sense!

    I wonder what are the ‘other costs’


  16. johnny ong wrote on Nov 21, 2008 at 10:37 pm

    he gave those info at various months without referring back ….. typical of a minister who is not a pro in that line


  17. Bengbeng wrote on Nov 22, 2008 at 12:15 pm

    wuching.com told me they r enjoying petrol for less than one ozzie dollar per liter now but i have no way of confirming it. think of the exchange rate n the cost of living, they r really getting it cheap if one adjusts the various costs into the ceiling price


  18. zewt wrote on Nov 23, 2008 at 9:21 pm

    from subsidy to ‘tax’…. this country never ceases to surprise me.


  19. Woof-woof wrote on Nov 24, 2008 at 8:37 am

    Well, ofcos, they treat us like idiots and deservedly so, I guess…..for we are the ones who elected these morons! 😉

    What about increased food costs? When is that going to come down? Malaysians are being exploited by their own govt left, right n centre 😡


  20. Anonymous wrote on May 4, 2009 at 9:43 am

    TOO BAD… you DO NOT KNOW what you are talking about actually!!


  21. bongkersz wrote on May 4, 2009 at 10:15 am

    And you do? You piece of anonymous shit… Tell me what YOU KNOW then, or shut the fuck up.


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