Oh, please God, let the oil price comes down to below 40 per barrel soon........
Monday February 16, 2009
Government won’t cut fuel prices for now
"There will be no further cut in fuel prices for now".
Domestic Trade and Consumer Affairs Ministry secretary-general Datuk Mohd Zain Mohd Dom said the ministry would only consider lowering the price if world prices drops to below US$40 (RM144) per barrel.
Mohd Zain said fuel was currently priced between US$43 and US$44 (RM155 and RM158) per barrel.
“We are monitoring the situation but, so far, I can say there will be no reduction in petrol prices,” he said.
Read more....
http://www.thestar.com.my/news/story.asp?file=/2009/2/16/nation/3276361&sec=nation
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