Tiga pilihanraya kecil melibatkan dua bukit iaitu Bukit Gantang dan Bukit Selambau serta Batang Ai telah terus memanaskan suasana politik Malaysia selepas peristiwa kejatuhan Kerajaan PR di Perak melalui suatu tindakan yang masih samar-samar perhujung kesudahannya. Ia ditambah lagi dengan proses pemilihan untuk jawatankuasa Umno yang dipenuhi oleh aktiviti sogokan dan imbuhan wang yang telah mencemari maruah politik parti tertua negara ini.
Namun semua pilihanraya telah berlalu dan jelas rakyat di utara masih teguh menyokong Pakatan Rakyat dan dalam hal Bukit Gantang ia mengambarkan bahawa tidakan Umno merampas Perak daripada PR tidak disukai oleh majoriti rakyat melalui referendum Bukit Gantang.
Walaupun Umno mendakwa bahawa majoriti orang Melayu masih menyokong mereka tetapi adalah tidak pelik kerana budaya sogokan telah dibawa masuk ke Bukit Gantang apabila pelbagai bentuk bantuan atau imbuhan segera telah diberikan seperti pemberian anak ayam, seguni makanan ayam, basikal dan wang tunai. Melalui budi yang ditabur, maka ramai Melayu yang maruahnay tersungkur. Ugutan kalau tak dijelmakan dalam bentuk undi sokongan, maka bantuan akan ditarik balik, maka tidak ada pilihan selain daripada memberikan undi kepada BN.
Walaupun isu derhaka dan boneka DAP dimainkan disamping isu perkauman lagi, namun kesan kepada perubahan undi Melayu agak kecil, bahkan ia menambah kemarahan orang bukan Islam khususnya Cina dengan memberikan undi yang lebih besar kepada PR (PAS).
Maka Umno hendaklah melihat dari puncak Bukit Gantang bahawa mereka tidak popular di Perak khasnya dan Malaysia amnya. Dalam hal ini, adalah lebih elok diserahkan kepada rakyat Perak untuk menentukan kerajaan mana pilihan mereka. Tapi soalnya apakah ada keberanian dalam melakukan tidakan ini pada tubuh badan Umno.
Segala sudah terang ...
Friday, April 10, 2009
Friday, October 10, 2008
Oil prices drop on credit crisis turmoil
Oil prices sank Thursday, with worries about a global financial crisis overshadowing news of an emergency OPEC meeting next month to discuss its impact on oil demand, the AFP was quoted.
With prices far below record highs around 147 dollars in July, analysts said the Organization of the Petroleum Exporting Countries could cut output to defend prices.
New York's main contract, light sweet crude for delivery in November, fell 2.36 dollars to close at 86.59 dollars a barrel.
In London, Brent North Sea crude for November settled 1.70 dollars lower at 82.66 dollars.
The price of crude oil slid as nervous traders watched fresh falls on global equity markets amid the worst financial crisis in seven decades.
And on Friday, the price was continued to drop with Brent North Sea was trading below 80 dollar at the opening market.
OPEC said it would hold an emergency meeting in Vienna on November 18 to discuss "the global financial crisis, the world economic situation and the impacts on the oil market."
"The organization is concerned about the deteriorating economic conditions," said a statement from OPEC, whose 12 member nations pump around 40 percent of world oil supplies.
The cartel said the deepening financial turmoil that erupted in August 2007, stemming from a US subprime mortgage crisis, had spread to many regions across the globe and "created even more uncertainties for the world economy."
"The organization reiterates its determination to ensure that oil market fundamentals are kept in balance and market stability is maintained," it said.
"Falling prices have caught OPEC's attention," said Mike Fitzpatrick at MF Global.
"If prices continue to fall until then, pressure for an output cut will doubtless be very high. If prices begin to stabilize, a call for stricter compliance regime will probably be the outcome," he said.
Traders remained concerned that OPEC could slash output in November to battle slowing oil demand.
"Market participants are still very much concerned that demand will continue to dwindle as global economies continue to slow sharply," said Sucden analyst Nimit Khamar in London.
"However, increased expectations that OPEC may ... cut output is underpinning the market."
Oil prices briefly fell to one-year lows on Wednesday as slumping stock markets generated demand concerns in a cooling global economy.
The market also had ended lower as news of an unexpectedly sharp jump in US crude reserves signaled weaker demand in the United States, the world's largest energy consuming nation.
The Department of Energy said on Wednesday that US crude oil inventories had risen by 8.1 million barrels in the week that ended October 3, far more than market expectations of a 2.3-million-barrel gain.
With prices far below record highs around 147 dollars in July, analysts said the Organization of the Petroleum Exporting Countries could cut output to defend prices.
New York's main contract, light sweet crude for delivery in November, fell 2.36 dollars to close at 86.59 dollars a barrel.
In London, Brent North Sea crude for November settled 1.70 dollars lower at 82.66 dollars.
The price of crude oil slid as nervous traders watched fresh falls on global equity markets amid the worst financial crisis in seven decades.
And on Friday, the price was continued to drop with Brent North Sea was trading below 80 dollar at the opening market.
OPEC said it would hold an emergency meeting in Vienna on November 18 to discuss "the global financial crisis, the world economic situation and the impacts on the oil market."
"The organization is concerned about the deteriorating economic conditions," said a statement from OPEC, whose 12 member nations pump around 40 percent of world oil supplies.
The cartel said the deepening financial turmoil that erupted in August 2007, stemming from a US subprime mortgage crisis, had spread to many regions across the globe and "created even more uncertainties for the world economy."
"The organization reiterates its determination to ensure that oil market fundamentals are kept in balance and market stability is maintained," it said.
"Falling prices have caught OPEC's attention," said Mike Fitzpatrick at MF Global.
"If prices continue to fall until then, pressure for an output cut will doubtless be very high. If prices begin to stabilize, a call for stricter compliance regime will probably be the outcome," he said.
Traders remained concerned that OPEC could slash output in November to battle slowing oil demand.
"Market participants are still very much concerned that demand will continue to dwindle as global economies continue to slow sharply," said Sucden analyst Nimit Khamar in London.
"However, increased expectations that OPEC may ... cut output is underpinning the market."
Oil prices briefly fell to one-year lows on Wednesday as slumping stock markets generated demand concerns in a cooling global economy.
The market also had ended lower as news of an unexpectedly sharp jump in US crude reserves signaled weaker demand in the United States, the world's largest energy consuming nation.
The Department of Energy said on Wednesday that US crude oil inventories had risen by 8.1 million barrels in the week that ended October 3, far more than market expectations of a 2.3-million-barrel gain.
Tuesday, September 09, 2008
THE OIL PRICE CONTINUE TO DROP
There’s possibility that the oil price will dip below $100 per barrel over the next few weeks. Today (Sept. 9th), the oil price is $106.53.
The change is looks good that we're seeing the bottom right now. However, it wouldn't know how long it could stay.
While Oil has fallen over 28% from a July record of $147 a barrel, don't forget that prices are more than 44% higher than a year ago. Back then we were paying a mere $73.98 a barrel.
So why exactly are we expecting oil to stay above the $100/bbl mark?
But, the Hurricane Ike is making cutting its way through Cuba. If the storm remains on its current path toward the Gulf of Mexico, we can expect Ike to re-gain strength as it moves back over water.
Even if Ike turns out as lackluster as Gustav, the threat of a hurricane battering the Gulf of Mexico ensures that production will remain shut-in. Let's take a closer look at the impact of these two storms... then get into how oil-rich countries are even more aggressively protecting their oil wealth...
The change is looks good that we're seeing the bottom right now. However, it wouldn't know how long it could stay.
While Oil has fallen over 28% from a July record of $147 a barrel, don't forget that prices are more than 44% higher than a year ago. Back then we were paying a mere $73.98 a barrel.
So why exactly are we expecting oil to stay above the $100/bbl mark?
But, the Hurricane Ike is making cutting its way through Cuba. If the storm remains on its current path toward the Gulf of Mexico, we can expect Ike to re-gain strength as it moves back over water.
Even if Ike turns out as lackluster as Gustav, the threat of a hurricane battering the Gulf of Mexico ensures that production will remain shut-in. Let's take a closer look at the impact of these two storms... then get into how oil-rich countries are even more aggressively protecting their oil wealth...
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