RON 95 should be RM1,91, diesel RM1.94 tonight, says lawmaker

Ahead of the goverment's announcement of the new price for petrol and diesel, MP Rafizi Ramli has calculated that RON 95 petrol should be priced at RM1.91 a litre, and diesel at RM1.94 a litre. – The Malaysian Insider pic, December 31, 2014.Ahead of the government’s announcement of the new price of petrol and diesel starting at midnight, a Pakatan Rakyat lawmaker has come up with his own calculations on what they should be.

Pandan MP Rafizi Ramli claimed that RON 95 petrol should be priced at RM1.91 per litre. while diesel whould be set at RM1.94 a litre.

These prices he said were calculated according to standard market rates used in this region, together with the standard profit and cost guarantee given by the government to oil companies.

If Putrajaya’s new prices were higher than these figures, Rafizi said, the administration has to explain whether they are collecting a secret “petrol tax” from the public.

Rafizi has previously claimed that Putrajaya has been quietly profitting from higher pump prices that Malaysians had to pay as the world market prices for petrol and diesel have steadily fallen in December.

- TMI