Due to Lehman Brothers Holdings declare bankruptcy causing the upheaval on Wall Street and less damage from the hurrican lke to the oil and gas infrastructure. The oil price pullback accelerated and went down to less than $100 per barrel.
The global oil price drop significantly from records high $147 per barrel drop until less than $100 per barrel? But why are we still paying RM2.55 per litre?
Malaysia government has promised their people's they will reduce the price when the global oil price dropped and maintain around $120 - $130 per barrel. Now, the price has dropped even more than expected, so we definitely should enjoy cheaper oil price.
Hope they will keep their promise and revise the price soon.
Source: http://www.forbes.com/topstories/feeds/ap/2008/09/15/ap5427103.html
on September 23, 2008 at 1:52 AM
Cause I want to write post with quality over quantity.
:P
Let me sleep for 1 or 2 days then I will update some new post.
Cheer~
on September 28, 2008 at 5:28 PM
kok kok kok...
please wake up, u have been sleeping for 1 week already~
on September 29, 2008 at 8:19 PM
ok i'm back to work. Check out my new post :-)
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