If you would like to take advantage of the gas subsidy, consider changing your gas-guzzler to a smaller-engined car before May 1.
The frontpage of The Star carries this article, Fuel Prize by Car Size and it says the bigger your car, the more you will have to pay for petrol from May 1. This is because the Government is going to change the way fuel is subsidised.
The plan is for a fuel pricing mechanism that will ensure only targeted groups, particularly those from the lower-income, will receive fuel subsidy. If you have a bigger-engined car, you will have to pay more for fuel.
Also, foreigners who drive into the country to fill up their tanks will not be eligible for subsidy and will have to pay more for fuel.
The move was based on the assumption that those in the lower income group would normally drive a car with a lower engine capacity and thus be eligible for the subsidy. Is this a fair assumption, do you think? Also, MyKad may need to be produced when buying petrol.
For RON95 petrol, the subsidy is 30 sen per litre. The current price of RON95 petrol is RM1.80 compared with the actual price of RM2.10. Higher engine capacity cars and non-Malaysians may have to pay RM2.10 or more for RON95 after May 1.