Exactly.

OSA .

I’m sure everyone here is aware why the correct prices are not adjusted. I sort of expected this to happen.

Well expected, but not this soon and this way...
I am more like expecting they later agree on some floor price like 1.50 or 1.60, in between will be market driven
But looks like they will have their own rules to set with now
Not sure how they gonna game it now, and for sure no transparency there for now

F this new gomen

Will the gov block this thread? i dont think they want the peasants to know the "true fuel prices"....

deleted due to double post

This post has been edited by Ultra+: Mar 13 2020, 07:30 PM

In a rigged game, you can never predict your outcome. The only certainty is that the "casino" wins.

Appreciate all you've done so far. Do try to keep doing it.

They are fast to react on the price adjustment.
Just when we think that everything are good, the unexpected arrive 🤣

They got so many backdoor ministers to Feed, if not from the Rakyat's coffer you think they will pay with their "hard earned" corrupted money?

BN dah tiada lor...

Do you guys belief this?

"As a measure to stabilise the drop in fuel prices for users and instability in oil produce for the government, the retail prices for both RON95 and diesel have been both reduced to RM1.82 per litre and RM1.87 per litre respectively," the ministry said in a statement Friday (March 13).

https://www.thestar.com.my/news/nation/2020...-again#cxrecs_s

Yup. That quote right there says it all. It's a nice way of saying what we all know to be true. PDAM made noise, they listened.

When petrol price go too high, gov listen, ceiling set to 2.08
when petrol price go too low, gov listen, falling price slow down...

fair enough...lol

Yes, they capped Ron95 but not others.

Looks like we got ripped off by the new backdoor gomen

Anyway, a big appreciation to TS for all the effort here! A big TQ

I think they can't afford a drastic drop in petrol price, station owners will lost big money, maybe the new gov want to make a gradual drop on fuel price to soften the impact to stations. let wait for another week and see if my assumption is correct.

This post has been edited by viruz: Mar 14 2020, 12:27 AM

nah...if they not cap others, RON97 should drop more...
we are now into a new moment with new "PN" formula...which no one knows yet...
my biggest fear now is...
the moment the war over....and price recovering...
the biz start to make excuse to rise again...its the last bullet to kill everything

Calculation and table of estimated prices can be found at this link: https://goo.gl/cpYiBN

Sharing with everyone the petrol price as of 15/3 - RON95 should be RM1.40 and RON97 traditionally should be RM1.70.

If we follow the previous Automatic Pricing Mechanism and Sales Tax Act, the government is allowed to "tax" us higher by 58.62sen per litre for petrol products sold.

As of now, the government is taxing us roughly 42 sen for RON95 and 40 sen for RON97.

Pay back time for rakyat to the government : P