This is a very good explanation to all Malaysian.
Worth reading through !!!
------------ --------- --------- ----
WHAT IS NEVER MENTIONED IN Mainstream Media like NST/TheStar/ Utusan/BH are
these facts....
Malaysian PerCapita Income USD 5000
VS
Singaporean PerCapita Income USD 25000
Further The Star made a comparison of prices in
For
life time for their driving license? No renewal fee after that? Also that
goes for road tax as well? And do TheStar also aware that you can drive
all the way from Hadtyai to
any Tolls ??!!
Whereas here in
driving license and TOLLS, TOLLS, TOLLS!!!
For
Dollars because they are earning in Sing Dollars. You might as well say
Europeans are paying RM10/liter. RM5.20/liter = Sing $ 2.20/liter, still
cheaper than
exporter. Are you saying that you fill up petrol in
In economy, dollar to dollar must be compared as apple to apple. Not
comparing like durian in M
course-lah,
with
For
compare that to their level of income!
Now, let us compare the price with OIL PRODUCING countries:
UAE – RM1.19/litre
Eygpt – RM103/litre
RM 2.70!!! Individual perspective:
As of last month a Toyota Vios would
89,000.
In the international market, a Toyota Vios is about USD 19,000
USD 19,000 = RM 62,700 (using the indicative rates of USD 1 = RM 3.30)
That makes Malaysian Vios owners pay an extra RM 26,300.
This RM 26,300 should be cost of operations, profit and tax because the
transportation costs have been factored in to the USD 19,000.
RM 26,300/ RM625 petrol rebate per year translates to a Vios being used
for 42.08 years.
I do understand that the RM 625 is a rebate given by the government, but
it also means that one has to use the Vios for 42.08 years just to make
back the amount paid in taxes for the usage of a foreign car. Would anyone
use any kind of car for that long?
Now with these numbers in front of us, does the subsidy sound like a
subsidy or does it sound like a penalty? This just seems to be a heavy
increment in our daily cost of living as we are not only charged with high
car taxes but also with a drastic increase in fuel price.
With all the numbers listed out, I urge all Malaysians to join me in
analyzing the situation further.
Car taxation is government profit, fuel sales is Petronas
profit which also translates into government profit. The government may
ridicule us Malaysians by saying look at the world market and fuel price
world wide. Please, we are Malaysians, we fought of the British, had a
international port in the early centuries (Malacca), home to a racially
mixed nation and WE ARE NOT STUPID!!!
We know the international rates are above the USD 130/barrel. We
understand the fact that the fuel prices are increasing worldwide and we
also know that major scientist are still contradicting on why this
phenomenon is happening. Some blame Bush and his plunders around the world
and some blame climate change and there are others which say petroleum
Again we go back to numbers to be more straight fwd
1 barrel = 159 liters x RM2.70/liter = RM 429 or USD 134
On 1 hand, we are paying the full cost of 1 barrel of crude oil with
RM2.70 per liter but on the other hand the crude oil only produces 46% of
fuel.
Msia sells crude oil per barrel at USD130 buys back Fuel per barrel at
USD134. And not forgetting, every barrel of fuel is produced with 2
barrels of crude oil.
1 barrel crude oil = produce 46% fuel (or half of crude oil), therefore
2 barrel crude oil = approximately 1 barrel fuel
In other words, each time we sell 2 barrels of crude oil, equivalently we
will buy back 1 barrel of fuel.
Financially,
then,
Thus,
sold/exported vs imported 1 barrel of fuel !!!
(USD 260-134 = USD 126 = RM416)
So where this extra USD 126/barrel income is channeled to by Malaysian
Govt???????? ?
Another analysis:
1 barrel crude oil = 159 liters.
46-47% of a barrel of crude oil = fuel that we use in our vehicles.
46% of 159 = 73.14 liters.
@ RM 2.70/liter x 73.14 liter = RM197.48 of fuel per barrel of crude oil.
This is only 46% of the barrel, mind you. Using RM 3.30 = USD 1, we get
that a barrel of crude oil produces USD 59.84 worth of petrol fuel (46% of
1barrel).
USD 59.84 of USD 130/barrel turns out to be 46% of a barrel as well.
Another 54% = bitumen, kerosene, and natural gases and so many more. And
this makes a balance of USD 70.16 that has not been accounted for.
So this is where I got curious. Where is the subsidy if we are paying 46%
of the price of a barrel of crude oil when the production of
petrol/barrel of crude oil is still only 46%?
In actual fact, we still pay for this as they are charged in the forms of
fuel surcharge by airlines and road taxes for the building of road
(because they use the tar/bitumen) and many more excuse charging us but
let us just leave all that out of our calculations.
As far as I know, only the politicians who live in Putrajaya and come for
their Parliament meetings in
ones to gain as they claim their fuel and toll charges from the money of
the RAKYAT
It is so disappointing to see this happen time and time again to the
Malaysian public, where they are deceived by the propaganda held by the
politicians and the controls they have over the press.
Which stupid idiot economist equates rebates for rich or poor with the cc
of the vehicles? An average office clerk may own a second hand
1300cc proton Iswara costing $7,000 (rebate = $625) while the Datuk's
children can own a fleet of 10 new cars of BMW, Audi, Volvo, and
(mazda sport rx8 (1300cc) <- apple to apple comparison) all less
than 2000cc costing $2 millions and get a total rebate of $625 x 10 =
$6,250! Wow what kind of economists we are keeping in
Misleading concept of Subsidy:
The word "subsidy" has been brandished by the BN government as if it
has
so generously helped the rakyat and in doing so incurred losses. This
simple example will help to explain the fallacy:
Example:
market value of $15. Let
abundance of the sea at little or no cost.
market value of the fish is $15 and he sold you the fish for $10, he had
subsidised you $5 and therefore made a loss of $5.
Question : Did
claimed is the subsidy?
Answer:
($10) minus the cost price ($0 since the fish was caught from the
abundance of the sea). There is no subsidy as claimed by
The BN government claims that it is a subsidy because the oil is kept and
treated as somebody else
belongs to all citizens of the country and the government is a trustee for
the citizens. So as in the above simple example, the BN government cannot
claim that it has subsidised the citizen!
Kalau kerajaan BN telus dan ikhlas....ada berani ka buka PETRONAS punya account? Sampai kesudah takut nak selak account PETRONAS tu.......
Account TNB dan TELEKOM boleh buka...kenapa PETRONAS punya tak leh?
.
__,_._,___
This e-mail and any attachment are confidential and may be privileged or otherwise protected from disclosure. It is solely intended for the person(s) named above. If you are not the intended recipient, any reading, use, disclosure, copying or distribution of all or parts of this e-mail or associated attachments is strictly prohibited. If you are not an intended recipient, please notify the sender immediately by replying to this message or by telephone and delete this e-mail and any attachments permanently from your system.
No comments:
Post a Comment