Thursday, June 05, 2008

Fuel prices stink

Fuel prices in Malaysia is set to rise from RM 1.92 ringgit to RM 2.70 (£0.425) a litre while in India it has increased to Rs 47.49 (£0.57) a litre (an increase of almost 5 rupees). Read the report in the International Herald Tribune here. Petrol prices are heavily subsidised in both countries.

Over here in the UK the prices are determined by the market. Got the shock of my life when I saw the prices at the nearby Texaco station near my house this morning - 116.99p. It is the highest since we arrived here in the UK.

As a student here, I am definitely feeling the pinch. As much as I would like to, I simply can't reduce my dependence on the car. I use it to send and pick up my kids from the nursery. We also have use it to go to the University. Of course public transport is always an option but we have to change two buses to get there, taking almost 40 minutes of our precious time and a day saver ticket costs £2.60. In the end, it is cheaper to take the car.

However we are resigned to it as it doesn't look like the fuel prices are not going to come down anytime soon. It might not even come down at all.

8 comments:

ainee said...

uncle adam, prolly you should think of car pooling and pick up some others and start to share the pay. gosh. at least public transport over there isn't as bad as in here. and the announcement take action in 8 hours. the whole country is queuing up for petrol and in my place, there was a long queue even before midnite (2330 like dat). it creates national panic and masive traffic jam in my kampung. huhuh. *sigh*

Neo said...

What to do... haiz...

lillian said...

I find it bad that the government invest more in public transport ! Thats what I loved about Bern, its possible to live without a car !!! Here in CM, there is no way I can live without a car. I drive around less, try to car pool more but.. i still have my car !

Adam Dilip Mutum said...

Ainee: Uncle??? ;-) I don't think car pool is an option because we don't go to the University everyday plus we have to pick up the kids.

Neo: I gess we have no choice.

Lillian: the public transport is quite good here but as I mentioned it's not that cheap.

ummi said...

Public transport is good here. To say it's not that cheap, may be wrong. Because when we used a car it's not only the petrol that count but also the maintenance. That's what you pay public transport for. Not just the cost of the petrol. Especially here in UK to maintain a car is not cheap if you don't know how to do it your self although it's cheap to but a car.

It is scary to see how the fuel price in UK go up almost every week. Also the cost of living. Every time I went to tesco for shopping, every time it's different price! I had to really browse every item I need to make sure I really need them

My husband say, may be it's the time we need to change our lifestyle. Before we think that staying in UK, to shop for the food is such a heaven. Well, not anymore now. We do need to really plan our travel now.

Ryan said...

Well, I agree with you totally about the rediculous gas prices that have been continuously going up over the last couple of months. I mean what are people supposed to do that live month to month like myself? I mean me and my wife have a hard enough time already trying to survive with just the bills and rent each month let alone the outrageous gas prices that the economy is making people pay for gas in their tanks. So really society is making it more and more difficult to just go anywhere and I wish that everyone would just go on a gas strike and stop putting gas into their tanks for a while and then maybe the government would change their tune about upping the gas prices and maybe they may lower them if we all went on a strike. So anyways keep up the great posts and great articles and I will keep reading them...
Thanks,
Ryan

neomesuff said...

yeah it is a major global issue..
Scary thing is,,it wont go down no more!

Sassy said...

The price oil gas is getting higher each week in my country as well... and it is a headache.

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