Tuesday, January 12, 2010

Why Should We Have Two petrol Price For Locals?

Our government begin to sell petrol with 2 different prices when the mechanism and system ready in May 2010. It implementation is to curb the foreigners especially from neighbouring country such as Thailand and Singapore from benefiting the subsidized petrol price which is meant only for the locals. It's good move and it should implemented long long time ago.
However, what is not good to hear, there is also 2 prices system will be introduced to the local which will be based on what vehicle you 're driving on (the bigger car get less subsidized or not at all petrol). It could be simple assumption that the rich drive big car and the poor drive small car but it's not the best way to differentiate whether you are poor enough to get cheaper petrol.
As for me, as long as we are Malaysian, we should only have 1 price for all. The rich and the don't complement each others in this country. They have their own roles and responsibilities in building this country.
What can we do to reduce the subsidy is to sell the petrol for foreigners at higher price. It could be RM3.00/litre or higher. The profit gain can be used to set off the subsidy for the locals. Then the local can enjoy petrol at 1 price.
There is also no matter on how government will off set gains from selling petrol to foreigners but the keyword here is MAKE PROFIT OF IT. For the record, Petrol RON 95 selling in Thailand and Singapore at RM4.01 and RM4.31 per litre respectively at current time.

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