Archive for January, 2009

Malaysians paying 38.45% petrol tax this week.

Published January 7th, 2009 in Uncategorized. 0 Comments

U.S. National average gasoline price (Jan 5) is at US$1.684/gallon
According to US Energy Information Administration web site, there’s a 19% tax on gas.
For the purpose of comparison later, we should remove the 19% tax from US gas price.
US gas price – tax = US$1.684 / 1.19 = US$1.415/gallon
Gas in RM/liter = (US$1.415/3.78)*3.48 = RM1.30/liter
* 1 [...]

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