Petrol/Diesel Prices

Just when you thought the petrol/diesel prices may be reduced owing to the lower price for crude oil, you'll be surprised. The saying of whatever prices that went up will never come down again still holds till this day.

Malaysia's DPM has stated that the government will review the prices again as it monitors the oil price for the next one year before making any decisions. Goodness me! Such common item is used by the general public and it does affect lots of common citizens who are trying to make ends meet. Not all government staff are highly paid and those at the lower salary scale may not have the mood to work if their needs are not met. Going for second source of income will be the main thing in their mind then.

Singapore Airlines have reacted fast by reducing their fuel surcharges on passengers due to the drop in jet fuel prices so that air tickets could be sold at a much competitive price. As for Malaysia's local airlines, still long way to go if you are hoping for a similar drop as the Transport Ministry will have to submit a proposal to the cabinet before a reduction could be made. Meaning to say, yet to be submitted. But in an about turn, the Minister of Transport mentioned that it's up to the local airlines now to decide. If I'm in the airlines industry, I'll be so confused. Maybe since Malaysia Airlines is so bogged down with their massive losses, earning tiny weeny bit from such fuel surcharges will help a lot too.
Tags: Fuel Surcharge, Jet Fuel, Singapore Airlines, Malaysia Airlines, Minister of Transport, Petrol, Diesel, Second Income