Wednesday, June 04, 2008

Petrol Price Hike!


When the crude oil price almost hit 130USD per barrel, the government finally cannot stand it but to declare the increase of petrol price from 1.92/litre to 2.70 litre. When the news releases at 4pm, people are storming to the petrol station. The queue is getting longer and longer and it caused serious traffic jam on highways. It takes me 1 and half hour to reach home today which usually it takes only 30 minutes to reach home with light traffic.
Today, people don't care what brand of Petrol they are going to get, no matter it is Shell, BHP, Esso, Mobil, Caltex, Petronas, etc... they just try to pump whatever they can get in the petrol station, I guess quite a large numbers of petrol station will deplete all their petrol tonight, it really creates a very interesting scene, when you see people queue up for a long line to fill up their petrol tank no matter you are driving a tiny Kancil or a luxury Mercedes, they just want to rush for their final savings on petrol.
The worse is not over yet, I can imagine how the living cost will rise in few months time, I can imagine what kind of chain reaction it will happen after the petrol price hike, I hope the money saved from subsidy will be put in good use. Regular executives and white collars like me also can forsee and feel the pain, you can imagine how's tough is the life of normal workers who need to feed their families.

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