Ever wondered why petrol prices fluctuate? And how is it that when we have more oil reserve than we need, prices are still on the rise? Could it be that individuals heavily invested in the oil industry are pumping more money into the industry to further increase the price of oil? It is believed that the price of oil will soon hit US$200/barrel, it’s floating around US$130 now, should we panic?
I came across this interesting article while browsing Carscoop earlier and found it to be enlightening. What really concerns me now is, how long are we pampered Malaysians going to live on subsidies? From what I gather, our comfort is about to be history. Read the article here.
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