Archive for June 8th, 2008

Calculations on fuel usage, before and after..


I was wondering how much is the difference on our fuel usage after the fuel price hike…I made some calculations and think it should be shared with you as well..

Basically, before the price hike, i normally pumped full tank fuel at around RM50.00, after price hike, from my calculations, I have to pump in RM70.00, that is RM20.00 additional cost. Luckily, my car is very fuel economical. Below is a rough calculations on the extra cost that I have to bear…

My previous annual usage is RM3,360 and the expected new annual usage is RM4,100.00 after deducting RM625.00 subsidy from government which makes the annual extra expenses is RM740.00. Divide it by 12 and I shall spend extra RM61.67 every month compare to my previous usage.

RM61.67 may seems like a small amount, but if you don’t change your lifestyle, you know you’re in financial trouble..

So what do you do to reduce expense?

What i do is i reduce my outing with my car…This week i only went out once on the weekend…

I think twice before going out, is it really necessary?

If i spend a lot on shopping before, now I am reducing it…

The main idea is reducing other things expense and you can reduce the impact of fuel price hike..

At my office, my division is in charge of encouraging renewable energy to replace fossil fuels…

and believe me, the main barrier for renewable energy to prosper is the subsidized petrol price, and now the price has gone up, suddenly people starts looking for alternative energy..

I’m hoping for much more awareness for renewable energy.. This is what we are doing anyway…

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