THE KUALA TERRENGANU BY-ELECTION

This by-election may not be as hot as the previous one in Permatang Pauh but it is creating as much noise as it was then because of the reputation of BN and PR which is at stake here. The date is set on 17th January 2009.

The current crude oil price is around US$40 per barrel but the price of petrol has stuck at RM1.80 per litre (the cheaper grade I use) for ages. Many are speculating that there will be an incredible announcement the day before (16th January 2009) of a fuel price reduction, at least 20 cents. Anybody want to bet? The buy-election, I mean by-election will affect fuel prices positively to consumers so consumers should be happy whenever there are more buy-elections, I mean by-elections to come.