Saturday, January 16, 2010

HAS OUR OIL WELLS GONE DRY - REASON FOR REMOVING SUBSIDY


Malaysians are wandering why suddenly the Barisan Nasional federal government who had administered us for the past 52 over years seem to indicate that they are REMOVING SUBSIDY for almost every essential commodity item. Sugar subsidy was recently removed and the next is petrol, sometime in May 2010, with many more to come. Even after raising sugar prices, the commodity is still unavailable at most retail stores. Isn't it surprising!!!!!

Most Malaysians believe we are a RICH country since we have oil revenue to fall back to and with the Malaysian Petroleum Company, PETRONAS, claiming to pay royalty payments in Billions to the Federal government while protected by Law from disclosing its revenue and expenditure to the Malaysian public.

It may not be surprising that our OIL WELLS HAVE GONE DRY and our BN Federal government will not be getting its Billions anymore from Petronas.

Will we ever know the TRUTH !!!!!!!

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