Oiling price.

Malaysia
March 25, 2010 9:58pm CST
Hye guys...did u driving every morning to go to office?How the oiling pricing effect your budget everyday.. As you all know, oil (petrol or diesel) pricing was increasing badly..how much money do you spend every week for the petrol?in my country, pricing for petrol ron95 will cost rm1.80/liter and rm2.05/liter for ron97 petrol.how about your country?
1 response
• Indonesia
26 Mar 10
No, it does not affect me that much, particulary because I don't bring car to my office and go by bus or taxi. The oil price hasn't changed since beginning of last year, around USD 0.5/liter which I think very cheap compare to other countries. The government cover the deficit of the world oil price and its retail price on the government budget. Alas, if oil price continue to go up, it will be very likely the government will increase the oil price anytime soon, but I think that would be okay since the government actually decrease the oil price when oil price sharply decline from above USD 100 to around USD 40 two years ago