“People Will Adapt” – Says O&G Industry Expert On Weekly Ceiling Price For Fuel


Changing colours like a chameleon, much?

Dateline 2017-03-17, MalaysianDigest:

Malaysians are still in the dark about how the new fuel ceiling price will be implemented as the ministry has yet to announce the mechanism for the new system until April comes.

While reactions of several stakeholders towards the announcement has been covered in Malaysian Digest’s feature story, someone within the oil and gas industry shared with us a picture of how it will play out once the system is in place.

Nora, a financial analyst in the oil and gas industry, said that nothing would be particularly different for consumers as they will adapt regardless of what system is implemented.

“I don’t think anyone has that much energy to really monitor the ups and downs every week and how it would translate to cash flow or money availability.

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