Petrol to cost RM 2.70 by midnight !!!

OMGGGG !!!

Received a call from Calvin at about 4pm plus asking me whether I heard anything abt the petrol increased to RM3.00 and I told him no. While I was driving home at about 5pm plus, received a call from Chiam. Her sis works in Ban Huo Leong (supplier for our diesel) and she said that petrol will increase by RM 0.78 tomorrow!!! When I reached the station, there was already a queue and Frank said he's stuck in a very bad jam now in KL. I guess everyone is going to the nearest station to fill up their tanks hence the jam.

Can you imagine the effect of this increase ??? Everything else under the sun will follow suit except for our salaries. How to survive lah like that ???

Aman sms me and said that he is thinking of balik kampung tanam padi ...

HELPPPPPPPPPPP .....................................

The Star Wednesday June 4, 2008 MYT 7:33:41 PM

Petrol to cost RM2.70 from midnight (updated)

KUALA LUMPUR: Prime Minister Datuk Seri Abdullah Ahmad Badawi on Wednesday announced price hikes for petrol, diesel and electricity.

He said the new price for petrol is RM2.70 a litre, effective midnight tonight. The price goes up by 78sen from the current RM1.92, a hike of 40%.

Abdullah also announced that the price of diesel would be increased by RM1 from RM1.58 to RM2.58.

He also said that Tenaga Nasional Bhd would be raising electricity rates by 18% for homes and 26% for business users.

The announcements are part of the new fuel subsidy plan.

Abdullah also announced a RM625 annual cash rebate per vehicle, for owners of private vehicles with engine capacities of up to 2,000cc, as well as pickup trucks and jeeps with engine capacities of up to 2,500cc.

Owners of private motorcycles with engine capacities of up to 250cc will receive RM150.

Payment will be made via Money Order upon renewal of road tax, from July 1.

For owners of private vehicles with engine capacities exceeding 2000cc, road tax will be reduced by RM200.

Owners of private motorcycles with engine capacities above 250 cc will get RM50 reduction in road tax.