What argument did the Hulu Terengganu MP make regarding petrol prices?

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The Hulu Terengganu MP Argued for Lower Petrol Prices Based on Malaysia's Oil Production

The Member of Parliament for Hulu Terengganu, Datuk Rosol Wahid, asserted that Malaysia's petrol prices ought to be lower, citing the nation's status as an oil producer. He specifically contended that comparisons of Malaysian petrol prices should not be made with those of countries that do not produce oil themselves.
Malaysia's Oil Production as a Basis for Lower Prices

Datuk Rosol Wahid's central argument was that Malaysia's domestic oil production should translate into more affordable fuel for its citizens. He suggested that the country's ability to extract its own petroleum resources creates a unique economic context that justifies a lower price point compared to nations reliant on imports. This perspective implies that the cost savings associated with local production should be passed on to consumers.
Questioning Past Promises on Petrol Prices

In addition to his argument about production, the Hulu Terengganu MP also raised a question directed at the Prime Minister, Datuk Seri Anwar Ibrahim. Rosol Wahid specifically recalled a time when the Prime Minister, while in opposition, had called for petrol prices to be reduced to RM1.50 per litre. This was presented as a point of comparison to the current pricing structure, questioning the discrepancy between past calls for lower prices and the present reality.
Rejection of Comparisons with Non-Oil-Producing Nations

A key component of Datuk Rosol Wahid's stance was his objection to comparing Malaysia's petrol prices with those of countries that do not produce oil. He implied that such comparisons were not relevant or fair, given Malaysia's self-sufficiency in oil production. This highlights a belief that Malaysia should be evaluated on its own terms, considering its natural resources rather than being benchmarked against nations with entirely different economic circumstances regarding fuel supply.

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What argument did the Hulu Terengganu MP make regarding petrol prices?

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