I’m sure most of us can recall the fuel subsidy comparison figures placed on fuel stations long long time ago. Some of them have been scrapped already because they have become irrelevant these days. Anyway, cheers to Malaysians again for a further 10 cents deduction in fuel price effectively today.
Here’s a simple way on how to calculate fuel price so that you know how much you are paying against the actual fuel price in US.
First of all, get the latest fuel price per gallon in USA. So, if it says… 150.0 cents (1.50 dollar) per gallon…
1 US gallon = 3.78541178 liters
1 U.S. Dollar = RM 3.56
Price per liter = 1.50 x 3.56 / 3.78541178 = RM 1.41
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