Posts Tagged ‘consumerism’

Increase oil price to market price by August

Tuesday, June 3rd, 2008

Malaysiakini reported Shahrir Samad was quoted by AFP as saying that government will increase oil price to market price by August. I think he must have been misquoted or what he said was misrepresented in the report. Just don’t make sense to me. Such decision to cut oil subsidy would definitely backfire.