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

If calculating 17/12 to 23/12 cycle (Thursday to Wednesday - weekends are using Friday prices), the actual retail price for RON95 & RON97 should be RM1.75 and RM2.05 respectively (±1 sen).

If we follow the Automatic Pricing Mechanism and Sales Tax Act, the government is allowed to "tax" us higher by 60sen per litre for petrol products sold.

For the past few weeks, the government applied a hidden tax of approximately 5 sen. Thus, I estimate that RON95 and RON97 would increase by 2 sen from last week to RM1.80 and RM2.10 respectively (±1 sen).

note: The Australian Institute of Petroleum where I get the MOPS95 graph below will usually take a 2 week break for Christmas and New Year holidays. I expect to not be able to update the fuel price for the next 2 weeks. Have a Merry Christmas to those that celebrate it & happy holidays to all!

When our oil is depleted in 10+ years time, we will be playing catchup in EV.
Norway is already very involved in EV even though they r big in oil.

This might help.

Data on available reserves & consumption trend.

Malaysia Energy Information Hub

Should be around 15+ years for oil and like 30+ years for natural gas, depending on the consumption trend and new discovery of reserves.

Targeted fuel subsidy will not work cuz difficult to properly target cuz got many loopholes to be exploited. Indonesia has been tinkering with this idea also for the longest of time and can never implement. Fuel subsidy is either just give to all equally or not at all, that's it.

Gov is creating a sort of like “fake” economic environment where inflation is capped with the heavy subsidies on ron95, cooking gas, cooking oil, electricity and etc whilst other countries are grappling with energy crisis now.

How long can we last without embracing inflation. 

Bulk of the ron95 subsidies still goes to people who drive big cars/motorbikes, not the common folks or poor people.