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Khairy in his Facebook post today said based on the world market prices, RON95 should have been between RM1.95 and RM2.18 per litre for the last five weeks, while this week it should have been RM1.94 per litre. NSTP /AMIR IRSYAD OMAR

KUALA LUMPUR: Malaysians have been paying more than the market price for RON95 for the past six weeks, said Rembau MP Khairy Jamaluddin.

Khairy in his Facebook post today said based on the world market prices, RON95 should have been between RM1.95 and RM2.18 per litre for the last five weeks, while this week it should have been RM1.94 per litre.

“People have been paying more than the market price and it seems that Pakatan Harapan (PH) government has also imposed tax on the sale of petrol for the past six weeks.

“Not only the people are not getting fuel subsidies, but they also have to pay ‘taxes’ to the government for every refueling.

“But I suppose people cannot complain because the promise made during election was not to reduce the price, but to stabilise it.

“Hence, even if the global prices are dropping, it does not necessarily mean the government will reduce the price too, as it has promised to just stabilise. Serves you right (kan dah kena),” he said.

In the posting, Khairy has also congratulated PH for successfully fulfilling one of its promises - to stabilise fuel price.

“As we all know, RON95 has remained at RM2.20 per litre from May till end of the year.

“Thankfully, we have a government that always puts its people first. Of course, because PH government has prepared huge subsidy to ensure the fuel price will not increase, not like during Barisan Nasional (BN) administration,” he said.

He said according to the automatic pricing mechanism (APM) the current price of fuel, for every litre, was lower than the selling price set by the government, which is at RM2.20.

“The fuel prices have been lower since Nov 8, yet the government decided for the price to remain as it is (RM2.20).”

Khairy, who holds the opposition’s shadow finance ministry portfolio, said while waiting for the announcement on the retail price of petrol on Jan 1, the Finance Ministry and the Domestic Trade and Consumer Affairs Ministry must explain to the people on profit made by the government for the past six weeks.

Meanwhile, on the government’s decision to bring back APM system, Khairy said it was a proof that BN made the right decision during its administration.

During 2019 Budget, the government announced to reintroduce APM to determine retail price for RON95, starting Jan 1.

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