VIENNA, March 20 (Xinhua) -- The average crude oil price dipped to 57.21 U.S. dollars per barrel last week, down only 0.18 dollars compared to the previous week, the Organization of Petroleum Exporting Countries (OPEC), headquartered in Vienna, said on Monday.
- taken from http://news.xinhuanet.com/english/2006-03/21/content_4325760.htm
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something from Australian news :
Why are fuel prices so high?
Petrol prices have increased in response to the rising price of crude oil. From mid February, crude oil prices have risen steadily and on Thursday 17 March, oil prices rose to an all time high, reaching US $56.46 a barrel. Previously the highest recorded price for crude per barrel was US$55.50 in October 2004.
Although oil prices have reached an all time high, according to BBC News, crude oil prices would need to reach US$90 to rise above the 1980 price in inflation-adjusted terms. (http://news.bbc.co.uk/1/hi/business/4357245.stm).
How does the price of crude oil affect Australian petrol prices?
Typically a rise of $1.00 US per barrel impacts Australian pump prices by about 1 cent per litre for petrol. For those interested, the calculation is listed below:
1. Take the price quoted as US $56.00 per barrel for WTI
2. Translate price that into Australian dollars: 56 times current exchange rate (1 USD = 1.2633 AUD / 1 AUD = 0.7916 USD) = $70.74 AUS per barrel
3. Then calculate the number of litres in a barrel: 1 barrel = 158.987146 litres
4. Then divide the cost per barrel in Australian dollars by the number of litres in barrel to determine the cost per litre for crude oil: $70.74 divided by 158.987146 = 0.4449 or about 44.49 cents AUS per litre for the crude oil. If US$57 = $72.00 AUS per barrel = 45.28 cents AUS per litre for the crude oil.
taken from : http://motormouth.com.au/newsletters/0503.htm
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Someone from myspace did posted up a bulletin showing how our government lie to us about the oil price. i dont want to just read and swallow it, i've done my reseach above.
he said something like this :
average price per barrel for oil is USD$60, and to process a barrel would cost USD$10.
so, USD$70 to process a barrel.
1 barrel = 158.987146 litres ± 159 Litres/barrel
USD$70 divided to 159 litres = USD$0.44025
today's currency
1 USD = 3.69634 MYR 1 MYR = 0.270538 USD
the answer is : RM1.62
ya kawan2. kita bayar skarang RM1.92 setiap liter. dan kita bayar lebih 3 kupang kalau kl cakap 30 sen. ada kerajaan bayar subsidi minyak ka? siap kita bayar lebih ada la.
if im wrong , correct me at the comments, and i'll admit if it is true. and i'll delete this entry (for government supporters and related)
aha. ini lah penipuan buta buta kerajaan Malaysia pimpinan Barisan Nasional, dan leading party UMNO. UMNO ni bukan patutnya tolong kita rakyat ni ka? oh siap cekik darah kita, isk takpa.
punya la pandai,siap print banyak2 harga petrol sebelum dan selepas subsidi, tampal merata2 kat stesyen minyak, billboard. bodoh la bodoh.
rakyat sekarang dah pandai baca, dah pergi sekolah, siap masuk university, ada yg ada PhD.jgn la dok buat penipuan besar besaran sangat.
lagi mau pangkah BN? think again
oh wait,
nanti ada orang cakap "eh mamat, lu ni tak bersyukur la apa kerajaan bagi" ada lagi ckp, "gila nak tukar kerajaan, habis la Malaysia" ada jugak akan ckp "kalau jatuh kat tangan orang lain, habis la kita"
errr sorry la kan, aku bukan tak bersyukur, tapi kalau kerajaan dok kaya adik bradik depa, pastu kita dok bayaq 3 kupang tu, nak berdiam diri? aku tak sebodoh itu. err habis la Malaysia kalau tukar kerajaan??? OMG, apa yg habis? duit? minyak? tengok la what happened to Indonesia, India, when corruption tak dapat dibendung, rakyat memberontak, tapi negara dah miskin, it'll happened to us if this continue in 10 or 15 years. lagi satu, bukan orang dalam party BN sahaja yg pandai ok, orang lain pun pandai jugak nak tadbir negara, orang lain p sekolah jugak.
aku akan post lagi jadah2 lain nanti, damn politikal plak skarang.
dak dak, ni bukan politikal, this is just a thought.
lastly,
aku bukan pembangkang, aku bukan pas, mahupun DAP atau keADILan. aku hanya suara kecil yg mahukan the truth!
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