tag:blogger.com,1999:blog-935072059836759128.post5996768796103016976..comments2008-06-06T16:07:09.168+08:00Senghttp://www.blogger.com/profile/08265958046623158053noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-935072059836759128.post-49044668653440460342008-06-06T12:24:00.000+08:002008-06-06T12:24:00.000+08:00The consumption of gasoline is equivalent to about 600000 barrels of crude oil daily which is about 219million barrels a year and an equivalent 15.1billion litres of gasoline yearly. Hence the savings is about RM11.77b before deduction of rebates. The figure of RM5-6bil is a slightly under-guestimate.The Madviruzhttp://www.blogger.com/profile/16309198742130085062noreply@blogger.comtag:blogger.com,1999:blog-935072059836759128.post-78193720751879628502008-06-06T08:39:00.000+08:002008-06-06T08:39:00.000+08:00I suppose another 1.00 increase in 2 months time. Will further reduce the subsidy.KChttp://www.blogger.com/profile/07691493709389652505noreply@blogger.comtag:blogger.com,1999:blog-935072059836759128.post-48689321535277104842008-06-04T22:18:00.000+08:002008-06-04T22:18:00.000+08:00What about the additional super profit earn by Petronas when crude oil price move above US 120 per barrel ?<BR/><BR/>The fund available are as follows :<BR/><BR/>1) Additional fund reduce subsidy from petrol Rm 13.5 billion<BR/>2)Petronas Super Profits amt to Rm 50.0 billion<BR/>3) Total fund Rm 63.5 billion.<BR/><BR/>Where this money goes ?grahamsmunhttp://www.blogger.com/profile/02297314909202423784noreply@blogger.com