Wednesday, June 4, 2008

Petrol price - Up RM 0.78 sen (as of today)

AIYO!!!

Petrol price went up already ah? From now, thing are going to be complicated. We'll be very tight with our money, not to mention the effect consumers will have on other industries. So, everyone loses. Fair enough.

Disadvantages of petrol price hike

1. public transports (bus taxi) might consider increasing fares
2. airlines might do likewise (but trying very hard not to)
3. worldwide tourism will be hit
4. F & B industry may do miserably too
5. constructions will move slow
6. crime rate may increase to fund their petrol costs
7. etc. etc.

Advantages of petrol price hike

1. Folks may decide to car pool
2. As a result of 1, pollution may dip about 2 - 3% (an assumption only)
3. Folks may decide to cycle instead of using motorbikes
4. As a result of 3, bicycles will be sellng like hot cakes, and bicycle
shops and repairs will be doing brisk business
5. Folks may decide to walk to nearby shops, offices, etc. But who
would wanna walk in hot sun or heavy rain? No choice, man! Gotta do
it whether you like it or not.
6. As a result of 5, umbrellas and raincoats will be glad to provide its
services to us humans. And their manufacturers will be laughing all the
way to the bank!! (at least they won't cry)
7. And hopefully car manufacturers may cut down on production to save costs and overheads.
8. And hopefully too, green car manufacturers and their partners hydrogen fuel-cell and electric fuel-cell companies will increase production and do a lot of marketing to promote their cars.

So, there you are.
Some advantages and disadvantages of petrol price hike.

But a serious question here.

When are we going to see new energy alternatives such as bio-fuel, hydrogen fuel or electric cells, making a serious attempt in replacing our current source? I understand that there are already some, but 'some' is just a wee wee wee bit too small.

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