Posts Tagged ‘Fuel’
Mukhriz : Phased Subsidy Removal
Subsidy distorts the value of a diminishing commodity like oil. But at the same time, in the context of a developing country like Malaysia, there will be negative consequences if fuel subsidy is removed, said Deputy International Trade and Industry Minister Datuk Mukhriz Mahatir. “There has to be balance between the short term and the [...]
A brewing CAFE debate
First enacted by the American Congress in 1975, the purpose of Café (Corporate Average Fuel Economy is to reduce energy consumption by increasing the fuel economy of cars and light trucks. The Café standards are set by the National Highway Traffic Safety Administration, using fuel economy data provided by the Environmental Protection Agency. Passenger vehicles [...]
Diesel hanky panky
For the past few weeks, the line of trucks parked by the side of the road, leading up to the fuel stations in Kalimantan, has been growing longer. They are waiting for subsidised diesel at the Pertamina stations. While going through small towns in west, central and south Kalimantan, we could know where the Pertamina [...]
Subsidies: A Dangerous Addiction
There are a lot of things in life that are easier to get into than to get out of. Traffic accidents, marriages, debt and subsidies are just a few of them. It takes just a second of inattention to smash up a car which might take days of hard work to repair. Similarly it is [...]
Oil Prices Could Spike Again This Year
30-January is a crucial date that will determine crude oil prices in the near term, and of course, prices that we pay for petrol and diesel at the pumps. Tension between Iran and the United States and the European Union over Iran’s nuclear program is dangerously close to tipping point, with Iran responding with military [...]
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