Peringatan untuk aku yang selalu lupa


سُوۡرَةُ آل عِمرَان

رَبَّنَا لَا تُزِغۡ قُلُوبَنَا بَعۡدَ إِذۡ هَدَيۡتَنَا وَهَبۡ لَنَا مِن لَّدُنكَ رَحۡمَةً‌ۚ إِنَّكَ أَنتَ ٱلۡوَهَّابُ


[3:8] (Mereka berdo'a): "Ya Tuhan kami, janganlah Engkau jadikan hati kami condong kepada kesesatan sesudah Engkau beri petunjuk kepada kami, dan karuniakanlah kepada kami rahmat dari sisi Engkau; karena sesungguhnya Engkau-lah Maha Pemberi (karunia)".

Wednesday, October 22, 2008

Price of Crude Oil Dipping Below USD70......

The price of oil continue its downturn momentum registering a 16-month low with a more than 50% reduction from the high of around USD147 in July.

you can read more at

Oil falls below $67 on demand worries

Bloomberg Oil Prices

I believe this is more due to a corrective mechanism in the market, since the last time oil is shooting up is more due to a speculative and manupulative effort of the market and supported with the peak oil theory.... Well, I am not a very strong supporter of the Peak oil Theory.. Although I believe there is a real arguments in justifying the theories, but it is all in a debatable issues and there is always factors that can affected the progress towards a peak oil crisis...

Althogh the oil prices has decreased at a very drastic reduction, I hope this will not hamper the on-going effort to replace the dependency on oil to alternative energy... I hope all those people who are currently pursuing technological advances in alternative energy will not get frustrated or being darg down with the development in oil prices... I believe these continuing effort in finding replacement for oil is very important and very relevant.... we just cannot have the attitude like the malay proverbs "mendengar guruh dilangit air ditempayan habis dicurahkan" meaning you just throw away all your water supply because you just heard the thunder...

Anyway, hopefully the government can really look into this matter and perhaps we can have a lower diesel and petrol prices.. I believe there will be a lot more positive outcome from the lowering of the oil prices as opposed to the negative impacts. Maybe the most impacted industry is the oil industry, but hey, these companies are all very rich oil companies... The government need to take a positive initiative on this and maybe it will give some windows to re-engineer and re-structure the nations economy...
Anyway.. time to take a break...

GUITAR CONCERTO#3 IN AMINOR

4 comments:

mat labu... said...

Hmm... patutnya kerajaan turunkan harga minyak sehingga RM1.80 seliter.. Kekadang bila kita kata pemimpin kurang kompeten, mereka tuduh kita macam-macam... tapi tengokla keadaan sekarang nie... amacam? harga minyak dah turun, tapi harga dalam negara tak turun-turun apehal?

Mat Ekonomi said...

Saudara letting,

memang kita nie jadi mangsa keadaan aje... Kerajaan pun nampaknya bukan hendak memulihkan ekonomi dan mendengar keluhan rakyat, hanya syok sendiir dan menaikkan gaji-gaji kakitangan awan sahaja, sedangkan ekonomi negara semakin meruncing...

BTW.. Guitar concerto tu sempoi gak... layan-layan kepala yang poning nie..

cmk said...

Harga minyak memang kian turun. Tapi adakah pemimpin kita sedar yang darah rakyat jelata kian naik setiap hari...?

Muka Pak Lah dah memang jemu kita tengok. Kini, semenjak dicanangkan sebagai 'future PM', muka Najib pulak berlambak-lambak di kaca TV.

Letting the time pass me by said...

mat labu & mat ekonomi
Tak tahula.. patutnya harga dah turun, tapi macam liat aje nak turun...

cmk
Pak Lah sangat bergantung kpd think tanknya dan Dato Najib masih belum tahu arah tujunya.. memang susah rakyat jadinya...