PETROL PUMP PRICE MATHS

“The government has decided to speed up the reduction in retail prices to allow the public to enjoy the savings,” the prime minister of Malaysia said.

Wah! Such great speed! I cannot see it, it is so fast! A lot of wind, all my hair are moving to the back!

A good website to read about petrol pump price maths:
BLA, BLA, BLA

As for me, in layman terms, simple primary school maths:
US$120 = pump price RM2.70
US$48 = pump price RMX
RMX = RM2.70 X $48 / $120
X = RM1.08

What is the price now?
RM1.90

What is the difference between RM1.90 VS. RM1.08?
RM0.82

Add in all the excuses of the currency exchange value difference between Ringgit and US Dollar and the new fuel tax, does it really make such a huge difference? You be the judge of that.

My say? Float the petrol pump price already and let them compete like in Singapore!