Hm are you saying this simply because you are holding O&G stocks ?

Jk
In a way, subsidy does help in keeping the price low, since not all rakyat can afford to purchase items that is not subsidized.
Petrol & diesel, flour, sugar, cooking oil and many other items are subsidized because of it.
There is an argument that the rich is also benefiting from it, but why should it not, aren't they rakyat as well ?
And without the subsidy, the poor won't even get to have it at all, which is unfortunate.
I am pro-subsidy (terbalik your term, because i also dunno the correct term, lol), but I guess the subsidy approach
have to be reassessed, so that the Government is not overburden by subsidizing, so that the wastage is not high due to the
low prices, and yet all rakyat can benefit.
This is my take on it.
Sometimes i lazy talk abt it, coz Govt won't reassessed it anytime soon.
I didn't make any, because Q didn't match. To think of it, the price didn't even reach the price i Q at, lol