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Archive for September 29th, 2008
Sep
29
How funny it is to see that the petrol stations are running out of petrol on critical moment like this on a Hari Raya festive season!
Well, it is believed that the dealers want to reduce profit loss due to the petrol price decrease by 10 cents. A small reduction of 10 cents per litre of petrol prices could caused up to RM20K of loss for one single day.
That is why they refused to stock up to prevent facing more losses. However it could also due to the exceptional surge of demand due to people driving back to the hometown for the long holiday.
I wonder if they stock up their petrol supplies when they heard that the petrol prices is increasing.