Somebody better explain this to me quick. I see the price of crude oil rising to almost USD50 per barrel but our federal government just announced a 10 sen reduction per litre at the pump. Why? I must be missing something but what?
I'm not complaining but if I were you, I'll go out to the petrol stations and fill up my car's tank to the fullest before the government wises up and raises the petrol prices. Seems that they are trying to tell us that (1) our pump prices need not follow the natural laws of economics or (2) there's a by-election coming up soon or (3) they do not follow the world news.
I think its the third reason. Our federal garmint fellas read only the weekly digest of the world news. Or maybe it's the second reason. Our federal garmint fellas think the quickest way to win voters' hearts is to through their pockets, so they reduce the petrol prices. But then, it could be the first reason too. Our federal garmint fellas still think it is Malaysia Boleh today and forever!
So I really think somebody had better explain Malaysianomics to me real quick before I flunk my Economics 101.