I read in The Edge today that Petronas is the most Profitable company in Asia. In the recent debate over the Fuel price increase to RM2.70, the question posed to Anwar by one of the panelist was "Why he chose to critic the government through this avenue?". The answer, obviously, is because it is a big bucks industry and money talks. He's trying to make the Rakyat see that the Government has made too much money at the expense of the people.
I have officially postphoned my plan to install the NGV kit on my car on rumours that there will be an increase in Gas Price too. Who will benifit from this exercise? NGV kit installers who had so many customers lining up in the recent weeks? Maybe a 41.5% shareholder of Gas Malaysia is going to get a windfall by the millions. MMCCORP on bursamalaysia.
Hello world!
2 years ago
2 comments:
How much does it cost to convert to NGV?
Depends on what kind of type(fiber/steel), capacity(50-80 liters) & brand tank you want to get. From my knowledge, converting to NGV starts from RM3000++ onwards for a brand new kit. Some prices have risen slightly due to huge demand in the recent months.
Here are some helpful links:
1) www.ngvinstaller.com
2) www.ngv.net.my
3) www.ngvcommunity.com
4) www.ngv.com.my
On the other hand, there are alternatives to saving fuel cost:
PM recently announced that there is a company providing installation of water kit for car. Electrolysis process is used to extract the Hydrogen atoms to be used as a duel source of energy. Can save up to 50%, so they claim.
http://star-motoring.com/news/story.asp?file=/2006/8/16/motornews/20060816155043&sec=motornews
Company's website:
http://www.hydrofuel.com.my/index.html
My take is- One day, energy will come at a very low price. But this will take a long time.
Reason - A scientist named Stan Meyer has manage to create cars that run solely on water. A Brilliant guy who manage to make the electrolysis process more efficient to generate more output power vs input. Apparently he had some patents and was offered huge money from some big companys. Truly a great discovery and invention.
Post a Comment