Are rising petrol prices good or bad?
If you are quick to say that it is bad, most likely, you are a consumer of fuel. Besides the pump, high cost of fuel does affect our daily living. It impacts prices of just about everything. This includes what we eat, what we buy, and even where we choose to live.
In Malaysia, locals are conscious of petrol prices. This is because we are a nation of drivers and car owners. Local travel is inconvenient as the public transportation system is relatively inefficient. Without a car, most of us are crippled in our own country. Regrettably, for most Malaysians, weekly visits to petrol stations are inevitable. Thus, rising petrol prices are bad if we look from the viewpoint of a consumer.
But what if we shift our focus to being a seller of petrol? Instead of complaining, I believe we might be ......