Happy 2.70 to all Malaysia

Malaysia just raise their petrol price to reduce government subsidy as claim it already borden the whole economy. 

But comparing in fact with other country which consider as 'OIL' country. 

 

          MALAYSIA              RM2.70/ litre
 
 
 
World Ranking on Oil Production.
Compare Malaysia (27) with Egypt(29)
Source from:
http://www.photius.com/rankings/economy/oil_production_2008_0.html
 

1		World	78,900,000
2		Saudi Arabia	11,100,000
3		Russia	9,677,000
4		United States	8,322,000
5		Iran	4,150,000
6		Mexico	3,784,000
7		China	3,710,000
8		Canada	3,092,000
9		Norway	2,978,000
10		European Union	2,876,000
11		Venezuela	2,802,000
12		Kuwait	2,669,000
13		Nigeria	2,630,000
14		United Arab Emirates	2,540,000
15		Algeria	2,090,000
16		Iraq	2,000,000
17		United Kingdom	1,861,000
18		Libya	1,720,000
19		Brazil	1,590,000
20		Kazakhstan	1,338,000
21		Angola	1,260,000
22		Qatar	1,111,000
23		Indonesia	1,070,000
24		Azerbaijan	934,700
25		India	834,600
26		Argentina	801,700
27		Malaysia	751,800
28		Oman	740,000
29		Egypt	688,100
30		Australia	572,400
31		Colombia	539,000
32		Ecuador	532,700
33		Yemen	402,000
34		Sudan	397,000
35		Equatorial Guinea	396,100
36		Syria	390,000
37		Vietnam	375,000
38		Denmark	342,000
39		Thailand	310,900
40		Gabon	266,000
41		Congo, Democratic Republic of the	235,900
42		Brunei	219,300
43		South Africa	217,400
44		Turkmenistan	196,700
45		Trinidad and Tobago	191,300
46		Bahrain	184,000
47		Chad	176,700
48		Italy	164,800
49		Germany	141,700
50		Japan	125,000

 So what do you think ? Did we really short paid or overpaid ?