I DO not think it is a good idea for the government to vary the price of petrol in a roller-coaster fashion to follow the ups and down of crude oil prices (”Retail petrol price to reflect world crude price” — NST, Aug 2).

People have become used to the higher price and, since the government is still subsidising some of the cost, it should use whatever extra cash is earned from favourable falls in the fuel price to plan and create an effective public transport system.

As it is, no town in Malaysia has such a system.

Giving people temporary help does not solve a long-term problem. In fact, it only makes the people less resilient and the problems larger.

Additionally, Malaysians must be weaned off the subsidy culture and persuaded to pay for the things they want.

Having a petrol price float system will increase speculation and, thus, economic instability.

Such a system will certainly require monitoring by experts and committees to study outcomes carefully. Besides being expensive, this kind of approach will also be stressful and contribute to making people even more impatient and demanding.

On the other hand, a good public transport system is the hallmark of progress. Efficient public transport saves petrol, time and money. It helps to bring people together, thereby fostering understanding and tolerance. It makes people’s lives less stressful and allows for more leisure time.

Naturally, a superb public transport system helps the tourism, hospitality and entertainment industries. Many jobs, both for young and old, are also created when a modern and reliable public transport system is in operation.

Thus, if true savings together with a higher and better standard of living for all citizens are the ultimate goal, we must be willing to forgo insignificant gains today in favour of true value for tomorrow.

M.B.A.Ipoh

Source: NST – August 5, 2008