Tuesday, September 18, 2007

Petronas Screaming about WHAT?

“Petronas is screaming for an increase,” says Lim Keng Yaik.

Screaming about what?

What the f**k stone are they screaming at?

Didn't Petronas "complained" that they had made exceptional and additional $30bil a year over the last few years because of the exceptionally high crude prices? They were the direct beneficiaries of the high crude oil prices, making tons of money from nothing and the resources are from mother earth.

Petronas should be screaming loud about how the billions paid to the government as dividends and taxes had been abused and misused, and much of it was spent on grand pageantry events.

In the article, "Tall Building, Narrow Mind", The Economist said: "The most notable result, as with South Africa's similar policy of "black economic empowerment", has been "encronyment"—the enrichment of those well connected to the United Malays National Organisation (UMNO)..."

That's what Petronas should be shouting at, not about the subsidising of the price of gas. Over the last 10 years, the subsidy was less than RM50bil, but the exceptional gain was more than ten times that figure. Each year, more than $20bil had been contributed to the government and most of that money was utilised via the pilfered system and also via "encronyment".

Please shut your "F***ing mouth up if you can shout at the pilfering system. The money was subsidise for the benefit of the rakyat and the money belongs to the rakyat; so what the F***???

READ THIS.....


GDP growth best in almost four years

By Maisara Ismail and Annie Freeda Cruez

26th. August 2004, NSTP


Pertaining to the impact of high oil prices, Zeti (Bank Negara Governor) foresaw no problems for the domestic economy and inflation stood at a low 1.2 per cent. "We are a net exporter of oil, and we don't expect higher oil prices to impact significantly on our economy.

Zeti said. "As a rough estimate, a US$1 increase in global oil prices will positively impact the Government by RM100 million to RM200 million," she added.

So, what the F**K are they shouting about???

Election time? Goodies for BN?

11 comments:

Anonymous said...

BODOH, BANGANG, CIBAI, LANCAO, PUKIMAK, SIAL, ITU BN PUNYA GOBEMEN. DIA ORG SAYA BANYAK BODOH KAH? BIKIN STATEMENT CAKAP KERAJAAN TIDAK AKAN NAIKKAN HARGA MINYAK WALAUPUN HARGA MENTAH NAIK USD80 SETONG.

MARI KITA KIRA SIKIT.

LAST YEAR MASA MINYAK NAIK SAMPAI USD70 SETONG, RINGGIT MASIH LAGI KENA IKAT USD1 @ RM3.80, JADI, SETONG MINYAK, USD75X RM3.80 = RM285ONG.

SEKARANG, USD80 X RM3.45 = RM276

AYOOOOOOOOOOOOOOO.....SAYA BODOHH ATAU KERAJAAN BUAT BODOHH?????

MAU REVERSE PSIKO SAMA RAKYAT KAH???

LU INGAT KITA ORG RAKYAT MALAYSIA TIDAK TAU MATEMATIK KAHH??

LAGI MAU TIPU SAMA RAKYATT!!

BODOHH PUNYA MENTERI......

Anonymous said...

SORI, MAU BIKIN CORRECTION SIKIT, ITU MINYAK USD 75/TONG, BUKAN USD70 SATU TONG.....

Anonymous said...

Malaysia is a net exporter of gas and petroleum, so the recent international petrol price hikes brings in a helluvalotta profit for Petronas. So why are they screaming for an increase in retail gas and petrol prices?

chong y l said...

mave:

I echo anonymous at 2.14pm.
Now I've sent thy flying kisses to aweOFhelen, can you favour me with an olde report about Petronas-signing-contract with Jap company for longterm supply of gas? I'll give thee no gas tehtarik endlessly uif you maketh to Seremban this Saturday 2.30pm -- send a special inite to Anak Merdeka-lah to make an APpearnce:(

Anonymous said...

my friend, they need to beef up the treasuries so that they can plunder more. wonder if the quntum is tied in to inflation rate.
remember the RM2.0 billion BMF fiasco and a royal commission was initiated to investigate. the PKA scandal is much larger at RM4.6 billion, yet no royal commission. instead the government said its ok and is now funded by a bailout (what soft) loan.
Just cant understand how this PM and his cronies can potray themselves to be good muslim when they engage in such corrupt acts. Just wondering if such acts are permitted in the religion. Can someone enlighten me?

Anonymous said...

What's the f**k this Keng Yaik screaming about... spewing sh*t & saliva every time he open his filthy gutter.

After leaving the garblement, not surprising if this sh*thead is made a Tun & given a job in petronas to boot.

Anonymous said...

just an opinion:

first of all, the price increase suggested by Petronas is not so much on gasoline, but more on natural gas.

selling gas at 1/7th of its market price for another 50 years is NOT a sustainable approach, and, if you think about it, it's better to raise the price (in reasonable increments) NOW to get the industries acclimated to the real market price, rather than allowing them to operate in a prolonged distorted environment.

the alternative scenario is this: gas is continuously sold to industries at severely low prices, then one day, when we import significantly more gas than we export, the price leaps back up to its original market price, since nobody is going to be able to subsidize such a huge amount by then, not even Petronas.

do you think the industries will be able to absorb that shock in the future?

worrying about the short term implications is understandable, but sometimes it's also important to see the long term effects of policies.

Anonymous said...

Wayang lah. Just a 'prayer' to prepare the people for the 'sacrificial ritual'...that is the soon-to-come price increase.

Anonymous said...

WHATEVER LAH KAWAN (REFERRING TO ANONYMOUS OPINION).

APA2HAL THIS IS THE GAME OF THE RICHEST. YG KAYA MAKIN KAYA, YG MISKIN TIDAK TERBELA.

APA YG JADI, ORG BAWAHAN NI TERUS-TERUSAN MENJADI MANGSA UTK MENANGGUNG "KOS" INI. ADAKAH KENAIKKAN INI BENAR2 PERLU DAH REFLEK KOS SEBENAR YG DITANGGUNG OLEH PETRONAS/KERAJAAN, ATAU HANYA SEKADAR UTK MENGIKUT TREND PASARAN SEMASA SAMBIK "MENANGGUK DI AIR YG KERUH".

ADAKAH SETIAP KALI HARI MINYAK NAIK, MAKA SETIAP KALI KOS UTK MEMBAYAR GAJI PEKERJA2 DI PELANTAR MINYAK JUGA MENINGKAT?

APA YG AKU PAHAM CUMA SATU, SETIAP KALI HARGA MINYAK, MAKA MAKIN UNTUNGLAH PETRONAS/KERAJAAN.

NTAHLAHH.....MUNGKIN AKU KURANG ILMU KOT.

Anonymous said...

bila petrol naik sampai US 78/ton, mereka naik 30 sen.
bila petrol turun sampai US 55/ton, mereka diam diam aje.
sekarang petrol naik sampai US 81/ton, mereka mahu naik lagi.
petrol negara ini bukan milik PETRONAS-nya,
tapi untuk kita, semua rakyat Malaysia.

Maverick SM said...

Pok Leh, thanks for the comment.

Thanks to Desi, Hasilox, Sanortep and all those Anonymous.