RON97 gonna sell how much tomorrow?....lucky both cars got 3/4 tanks
Petrol Price increase, by 5 sen
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 Jul 15 2010, 09:16 PM
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Jul 16 2010, 03:54 PM
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QUOTE(sleepwalker @ Jul 16 2010, 09:59 AM) Now it is officially free float without subsidy. Previously the framework has not been set when they launch the RON95. That means the petrol company can start using promotions on the RON97 to attract their customers. Price war is good, in the sense that when all subsidies are removed, the market determines the price of the product. We have a right to choose which station gives more goodies to their customers. Think of the improved services like toilets, amenities and etc. Heck we might even get fuel rebates from supermarkets like ASDA or TESCO in UK.I believe they did that once and every week, the SHell and Petronas opposite each other in USJ were selling petrol at 1 cent cheaper then each other until the gov stepped in and stopped them since they are giving offers on subsidised petrol. Now I think they can start the price war again.  I'm quite positive that when subsidies are removed, petrol companies would be pushed to introduce better quality fuels maybe even Euro4 diesel. These are all likely to happen in a free market. |
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