Defying the law of gravity

It was widely reported in the mass media yesterday that the government was considering lowering the price of petrol should the world crude oil price dip below US$125 per barrel and stay there for at least three weeks.

Hah! What good would that do to us when the damage has already been done? Consider this: when the petrol price was increased from RM1.92 per litre to RM2.70, it sparked an all-round hike in the prices of goods. Inflation soared to 7.7 percent.

Now the government talk about considering to lower the fuel price IF ... (mind you, a lot of conditions attached here). Seriously, do they think that the price of raw materials, our comsumables, etc, will come down? Do they think that hawkers will lower their food prices when the petrol price goes down? They'd be very naive if they do that because food prices will always defy the laws of gravity.