Sunday, December 7, 2008

Oil prices


About the oil price hike in the middle of the year, everyone seemed agitated. And now, since the world's economy has gone into recession, the world's oil price has even got to the lowest. Currently, A barrel of oil is about less than 50 US Dollars, and when it was about 100 USD per barrel, the Malaysian government sold petrol to the citizens at RM1.90. Soon, it increased suddenly to RM 2.70. People were wondering, how does the PM runs the country? Currently, at the 50 USD per barrel price, the malaysian oil price it still on the high site, and the government is making 16 million out of the sale of petrol per day from the oil windfall. What are they going to do with that big sum of profit? Pocketing it into their own pockets?

Terribly concocted by Lyndon at 12/07/2008 08:24:00 PM  

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