Monday, June 23, 2008

I was going to blog on how birthdays are for suckers then after much self contemplation I realized that being a cold and heartless bastard and an introverted antisocial won't do me any good. Besides, I've come to the conclusion that birthdays aren't that bad after all and now move on to the neutral side of the for and against campaign for birthdays.

Having said that, what am I going to blog about?

Hmmmm.....*thinking cap on*.........

So if you've been following the news of late the most recent headlines highlights the severe increase in fuel prices. Now I don't pretend I know what happens in Malaysia regarding the sudden fuel hike and Badawi's intention of subsidising fuel. But I can tell you this. Its about damn time. I think we have been living in the illusion of ever lasting fuel for far too long now. But more importantly is cartels take in this sudden increase in prices. Its no secret that they've been sucking us dry like leeches for the past 100 years. Look only at their annual turnover.
ExxonMobil: Turnover of $40 bil.
Shell: $31 bil.

But more importantly, its their inability to innovate thats really causing these price hikes. I was having a chat with one of the environments guy in Uni the other day. He pointed out that had the lobby for Hybrid cars or electric cars been passed in favour of the production of these cars instead of to GM or to ExxonMobil in the States some years ago, we'd prolly be well on our way to these alternative means. But alas, power corrupts power. I think it's just sad that they fail to see the greater implications of their actions I suppose. I guess the top executives aren't really paid to think unless its in terms of dollars and cents. It really is a testament to how much power these companies have. The worst is yet to come I say. Currently we're still doing alright for petrol but if the supply of petroleum ceases all together more derivative products will become too expensive. Think only plastics. Or the various ceramics or semi-conductors. Unless someone like Haber comes out with a cheaper way of making plastics we're in for it.

On another note, there seems to suddenly be a sudden influx of Malaysians in Melbourne. Its freaking me out. Now I live in the suburbs somewhere north of Melbourne. We don't get many Asians here, but lately, there's just so many of them. Lurking in Nando's or over at the meat section of Safeway or Coles. Also, shopping malls are becoming more and more congested with Asians. It's somewhat ironic I guess in a crude kinda way. Heh. The great land down under eh.

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