Showing posts with label fuel. Show all posts
Showing posts with label fuel. Show all posts

01 September, 2009

New Fuel Price


Another season of higher fuel cost. The newly introduced RON 95 fuel is now priced at RM1.80 - five sen higher than the previous RM1.75. Meanwhile, RON 97 is upgraded as a premium product and has gone up to RM2.05 from RM1.80. The RON 92 is being phased out from the market.

The new prices were decided based on the current method of Automatic Pricing Mechanism (APM).

With the price of 5 sen higher, the Government is still subsidising 33.81 sen per litre (of RON 95) which is equivalent to RM304mil monthly.

The newly introduced RON 95 also adheres to the EURO2M specification which can contribute to the reduction in pollution.

RON stands for Research Octane Number. A higher octane number means higher resistance to engine “knocking”. “Knocking” could possibly damage the engine over time.

More information can be found HERE.

23 August, 2008

Fuel Price Reduced Today

Petrol and diesel price drop by between eight sen and 22 sen a litre from today. The price of RON97 petrol will be reduced by 15 sen to RM2.55 a litre from RM2.70, while RON92 would be 22 sen less at RM2.40, from RM2.62 The retail price of diesel would drop by eight sen to RM2.50 a litre.

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Is the quantum of decrease big enough to affect your standard of living? One thing for sure is that the price of foods will never be lowered whenever the fuel price is being reduced. Thus, by gaining one or two liters of fuel for every fill will not affect much your savings.

So, it is better for you not to start changing your fuel saving driving behavior.

09 August, 2008

Another effect of Fuel Price Increase

An indirect effect of increases in fuel price is an increase in fatalities involving motorcyclists. In order to cushion the effect of the increases in fuel price, vehicle owners likely to switch their mode of transport to less fuel consuming transport i.e. motorcycles.

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According to a report by Berita harian, 9 August 2008, the number of road accident fatalities involving motorcyclists increases within the past six months. According to the Director general of Jabatan Keselamatan Jalan Raya (JKJR), the increases might be due to the increases in motorcyles registrations due to the increase in fuel price.

The following are some statistics from the report.

January until June 2008 : 3,305 fatal accidents
January until June 2007: 3,015 fatal accidents

Increases of about 9.6% or 290 fatalities within the time period (211 fatalities involved motorcyclists and pillion riders).

Motorcycles registration increases by 30% in the past 6 months according to the director General of Jabatan Keselamatan Jalan Raya (JKJR), Datuk Suret Singh.

17 June, 2008

You Can Convert Your Car Into a Hydrogen Fuel Car

Tired of skyroketing fuel price! What about using hydrogen fuel for your car. Read more about what you can do about that possibility.

If that technology is available I think there will be no more wars due to the shortage of fuel, food, etc. Also you will help saving the environment.

read more digg story

04 June, 2008

Fuel! Oh my Dearest Fuel!

It was just announced that the fuel price in Malaysia will increase starting tomorrow 5th June 2008. Petrol price will go up 78 sen per litre to RM2.70. Diesel price will go up RM1 to RM2.58 per litre.

With the increase in fuel price plus all of the increases in the food prices, our net take home salary is reducing further and put a lot of stress on regular commuters. So, take necessary actions to reduce your fuel consumption. There are several tips available to help us reduce the fuel consumption but be careful not to compromise on your own safety on the road.

I am really feel sorry to all my friends who have to travel everyday from afar to go to work burning the same amount of fuel but the difference is have to pay more month after month.

03 May, 2008

Several Ways of Saving Fuel

Due to the rising oil price, an increasing number of motorists resort to several ways of utilizing every last mile from a tank of fuel. The most current method is called ‘hypermiling,' which is reported to be able to double gas mileage.

Hypermiling consists of pumping up tires to the maximum rating on their sidewalls, using low viscosity engine oil, and drafting behind other vehicles on the highway to reduce aerodynamic drag. The last method is very controversial method because its involved safety issues and can lead to highway accidents. Other type of hypermiling techniques are keeping speed down, accelerating gently, and avoiding excessive idling.

Throughout the world, ever increasing fuel prices create uncertainties in people’s mind especially in term of economical concern. Their dollars are being stretched to cover the same mileage as before. Fuel prices topped the problems followed by jobs availability and healthcare.
Another method of saving fuel is to reduce the dependency on vehicles. One way of achieving it is by doing your business at home or to concentrate fully on your own home business. One type of profitable home business opportunity can be found HERE. Another way of relying less on vehicles is to do all of your shopping online. One of the biggest and best stores for online shopping site can be found HERE.

22 April, 2008

AirAsia is not Alone

Recently, AirAsia announced that starting from 21 April 2007, checked baggage handling fee will be imposed on each checked in baggage. The main reason for imposing the fee is due to rising fuel cost.

Starting 5 May 2008, five of the seven major US Airlines (Continental, Delta, Northwest, United, and US Air) plan to charge most customers $25 each way to check a second bag. The difference with AirAsia is that they will not impose any charge for the first checked in bag.

14 April, 2008

Fuel Price Pinch










Starting April 21, 2008, travellers using a low-cost AirAsia carrier will have to give away some more money if they have baggage to check in. For online check-in, RM3 will be imposed per bag and RM5 per bag for airport check-in. Keep in mind that you have to pre-book your baggage in order to be eligible for the RM3. In the sense that you have to pay in advance RM3 if you think that you will check one baggage at the time or travel. In case that you did not check-in the baggage than there is another question whether you will be refunded the RM3. Also, if you have more than one baggage to be check-in then you have to pay RM5 for the second baggage. The charges are to defray the rising fuel cost. On top of that excess baggage fee for baggage exceeding 15 kg still applies.

One reason for the fee being imposed is to discourage travellers bringing too many baggage and with lighter load, fuel can be reduced and airline ticket fees can still be reduced. To avoid from paying the additional charges, travellers will pack all of their things in the carry-on bag and as a result, the waiting time to board an aircraft will be longer due to everybody is taking their time to put their bags on the overhead compartment. With the additional time will add to the everlasting flight delay experiencing by AirAsia. Also, passengers will have to endure the hassle of carrying larger and heavier Carry-on bags if they use AirAsia.



For low-cost carrier, that is their way (which I bag to differ) of covering the rising fuel cost.

24 March, 2008

Skyrocketing Fuel Price


Thank goodness that we are living in Malaysia where the government subsidized some portion of the fuel price. In Malaysia, the petrol price is fixed at Rm1.91 per liter. In Malaysia we don't feel the pinch of rising fuel cost. Whereas in the US, the fuel price is more than USD3.50 per gallon. Just for conversion, 1 US gallon = 3.78541178 liters. Using this conversion, for 1 US gallons, in Malaysia, the pump fuel price is aroung RM7.00 as compared to about RM12.00 in the U.S. The lower cost for Malaysian is because the government spend billions of ringgit annually to subsidized the price difference.
In the U.S., the fuel price varies depending on the fluctuation of the market price of fuel. Users have to pay the fuel price without any subsidy and they have to bear the skyrocketing price due to the rising in fuel cost.
With the increase in fuel cost, users will cut down on the trips or they have to use other alternatives such as public transport which is much cheaper.

23 March, 2008

Saving Fuels


In a move to save fuels due to rising fuel costs, truckers are voluntarily or forced to slow down their big-riggers. By reducing their speed, they will help their company saves on record high diesel prices. As of now, the current diesel price in the U.S. is USD4.00 per gallon.

The move to reduce speed will also reduce the accident rate nationwide.