Boycott On Gas Stations

[peter]

FastNFurious
Kaibigan ni Jack
Reply


DON'T BUY GAS ON MAY 30TH!!!
Posted: 05/20/2004 17:54:10
Edited: 05/20/2004 18:12:29
IT HAS BEEN CALCULATED THAT IF EVERYONE IN THE PHILIPPINES DID NOT PURCHASE A DROP OF GASOLINE FOR ONE DAY AND ALL AT THE SAME TIME, THE OIL COMPANIES WOULD CHOKE ON THEIR STOCKPILES. AT THE SAME TIME IT WOULD HIT THE ENTIRE INDUSTRY WITH A NET LOSS OF OVER 4.6 BILLION PESOS WHICH AFFECTS THE BOTTOM LINES OF THE OIL COMPANIES. THEREFORE MAY 30TH HAS BEEN FORMALLY DECLARED "STICK IT UP THEIR behind " DAY AND THE PEOPLE OF THIS NATION SHOULD NOT BUY A SINGLE DROP OF GASOLINE THAT DAY. THE ONLY WAY THIS CAN BE DONE IS IF YOU FORWARD THIS MESSAGE TO AS MANY PEOPLE AS YOU CAN AND AS QUICKLY AS YOU CAN TO GET THE WORD OUT. WAITING ON THIS ADMINISTRATION TO STEP IN AND CONTROL THE PRICES IS NOT GOING TO HAPPEN. WHAT HAPPENED TO THE REDUCTION AND CONTROL IN PRICES THAT THE ARAB NATIONS PROMISED TWO WEEKS AGO? REMEMBER ONE THING, NOT ONLY IS THE PRICE OF GASOLINE GOING UP BUT AT THE SAME TIME AIRLINES ARE FORCED TO RAISE THEIR PRICES, TRUCKING COMPANIES ARE FORCED TO RAISE THEIR PRICES WHICH EFFECTS PRICES ON EVERYTHING THAT IS SHIPPED. THINGS LIKE FOOD, CLOTHING, BUILDING MATERIALS, MEDICAL SUPPLIES ETC. WHO PAYS IN THE END? WE DO! WE CAN MAKE A DIFFERENCE. IF THEY DON'T GET THE MESSAGE AFTER ONE DAY, WE WILL DO IT AGAIN AND AGAIN. SO DO YOUR PART AND SPREAD THE WORD. FORWARD THIS EMAIL TO EVERYONE YOU KNOW. MARK YOUR CALENDARS AND MAKE MAY 30TH A DAY THAT THE CITIZENS OF THE PHILIPPINES SAY "ENOUGH IS ENOUGH."
:mad: :mad: :mad:

[mazdamazda]

FYI. The Philippines is one of the non-OPEC countries that has the lowest price of gasoline. For comparison HK sells theirs for around P80/L.

Venting it against the local oil companies will do you no good since they are just importing crude oil and refining it. OPEC dictates most of the output hence the price too. What we could hope now is for non-OPEC members to step up their production in order to curb the price increase.

Plus, if they wouldn't sell for one day I don't think that it would matter to them since people will still have to buy additional gasoline a day before or after the so-called event.

We should try to refrain from just jumping on the bandwagaon without actually looking at the bigger perspective.

[dx8976]

i'm not sure if china subsidizes their gas, but just this april it was around 21.89 pesos/l.

Nation City Price Notes
HONG KONG Hong Kong $5.45 a
UK London $5.23 a
NETHERLANDS Amsterdam $5.16 a
FRANCE Paris $4.95 a
SWEDEN Stockholm $4.58 a
GERMANY Hamburg $4.53 a
JAPAN Tokyo $4.25 a
IRELAND Cork $3.60 a
SPAIN Madrid $3.59 a
SLOVENIA Ljubljana $3.58 a
INDIA Bangalore $3.18 a
BRAZIL Brasilia $2.81 b
AUSTRALIA DARWIN $2.75 a
CUBA Havana $2.56 b
NICARAGUA Managua $2.36 b
VIETNAM Hanoi $1.29 a
UZBEKISTAN Tashkent $1.01 a
KUWAIT Kuwait City $0.69 b
EGYPT Cairo $0.55 b
VENEZUELA Caracas $0.14 b
Source: AIRINC
Notes:
a- Prices surveyed November, 2003. Price in U.S. dollars per gallon calculated using exchange rate in effect at that time.
b- Prices surveyed February, 2004. Price in U.S. dollars per gallon calculated using exchange rate in effect at that time.

[TJMaxx]

In California, it was about 3 dollars per
gallon when I was there last month.

That boycott call should be directed to the Americans and not to us. Sila malakas mag consume ng gas with all their monster SUVs and gas guzzler cars.

By now, maiyak-iyak na rin siguro yung mga may-ari ng Exped dito. I know someone who spends P 5,000 a week on gasoline alone just to feed his damn Exped!!

[ssaloon]

i saw sa CNN that OPEC is being pushed to increase their output limits by around 8%

[kiper]

sino na naman kaya ang gumawa at nag-forward ng ganitong message?

bakit di niya nilagay ang pangalan nya..?

huh? think about that guys..

[dx8976]

This article from businessworld is interesting

Who dictates oil prices?
By ARNOLD J. PADILLA, IBON Senior Researcher
The recent PhP1-per-liter increase in the pump prices of diesel, gasoline, and kerosene is the single largest hike in petroleum prices since October 2001 when the average retail prices went up by PhP1.20 per liter. For the record, it is the seventh round of oil price hike for the year and the 61st since the downstream oil industry was deregulated in April 1996.

Oil companies cite the rising world oil prices for the increase in local pump prices, as Dubai crude hit $35.8 per barrel in the second week of May. In March, Dubai crude averaged $30.8 per barrel then climbed to $31.7 per barrel in April.

The Department of Energy (DoE) says the latest adjustment is "reasonable" based on their "secret" pricing formula. Like the oil firms, government wants the public to believe that it is helpless in the face of increasing world prices. Oil companies supposedly only reflect global price movement in the domestic market.

If we were to believe the oil firms, oil prices are high and continue to increase because of the cartel-like operation of the Organization of Petroleum Exporting Countries (OPEC). Starting April 1, the 11-member organization reduced its production by one million barrels per day, which drove oil prices up. Energy Secretary Vincent Perez says the June 3 meeting of OPEC is critical in determining whether the uptrend in global oil prices would continue.

THE MYTH OF AN OPEC CARTEL

According to the US-based Energy Information Agency (EIA), OPEC controls 40% of world crude oil production and 67% of estimated world crude oil reserves. In addition, OPEC exports also account for 55% of internationally traded crude oil. Thus, by imposing production adjustments, OPEC effectively influences the movement of global crude oil prices and consequently, the pump prices at refilling stations.

Such argument conveniently ignores the role of giant oil companies, which exert monopoly control over the global oil industry. These "super-companies" include ExxonMobil (US), Royal Dutch Shell (Britain-Netherlands), British Petroleum (Britain), Total (France), ChevronTexaco (US), and ConocoPhillips (US).

Based on the estimates of the Washington-based nongovernment organization (NGO) Public Citizen, the major oil firms in the world (with the exception of Total) account for more than 14% of global crude oil production (pegged at 79.1 million barrels per day in 2003). This is nearly as much as the production of all Middle East members of the OPEC.

A significant portion of this production comes from OPEC as these oil companies maintain equity shares in different crude oil production and exploration ventures in OPEC member-countries. ChevronTexaco, for instance, obtains more than 40% of its crude oil from OPEC, while ExxonMobil, more than 25%.

Thus, while Oil and Energy Ministers decide production adjustments during the meetings of the OPEC Conference, these officials still act closely with the oil majors for the mutual benefit of OPEC member-countries and the oil companies.

Oil companies' strategic control of OPEC crude oil production is further strengthened by their domination in the downstream level of the global oil industry. The six oil majors own 186 of the 744 refineries in the world. As of 2003, they also account for 19% of global refining capacity of 112.4 million barrels per day and 16% of global sales of petroleum products of 79 million barrels per day.

MANIPULATING PRICES

The intense domination and control of the oil majors in the upstream to the downstream levels of the oil industry make them invulnerable to the effects of supply and demand. Such position allows them to dictate the price with which they want to sell their products independent of OPEC's decision to increase or reduce crude oil production.

The competitive forces of supply and demand have never determined ever since the pricing of oil in world trade. According to Dr. Ibrahim Oweiss, writing in the 1970s, world oil prices have been actually "administered, controlled, and manipulated" by international oil companies, mainly by the so-called Seven Sisters: Standard Oil of New Jersey (which became Exxon), Standard Oil of California (which became Chevron), Standard Oil of New York (which became Mobil), Texaco, Anglo-Persian Oil (which became British Petroleum), Royal Dutch Shell, and Gulf Oil (bought by Chevron).

Oweiss wrote: "In my view, those companies having owned most of the oil in the world through oil concessions pursued an oligopolistic policy to maximize their profits. By keeping the price of oil low, they paid fewer royalties as they were usually a percentage of the posted price. Furthermore, they marketed their cheap oil to their parent companies, to their own refineries, and/or to their own downstream operations, thus widening the gap between the cost of the main input, namely crude oil, and the revenues from the sale of the final products."

Not much has changed since then. In fact, through mergers and acquisitions, giant oil companies have become even more powerful and influential in determining oil prices. In the US for instance, the multiple large, vertically integrated oil companies made the oil market uncompetitive. The five largest oil companies in the US (ExxonMobil, ChevronTexaco, ConocoPhillips, and Royal Dutch Shell) control 48% of domestic oil production, 50% of domestic refinery capacity, and 62% of the retail gasoline market.

Such concentration allows these companies to easily control gasoline prices in the US to rake more profits. According to Public Citizen: "In March 2001, the US Federal Trade Commission (FTC) concluded that oil companies had intentionally withheld supplies of gasoline from the market as a tactic to drive up prices all as a profit maximizing strategy."

A congressional inquiry also uncovered "internal memos" written by the major oil companies in the US discussing their successful strategies to increase prices and maximize profits by forcing independent refiners out of business, resulting in tighter refinery capacity. From 1995 to 2002, more than 892,000 barrels per day of capacity coming from small refiners have been shut down.

THE PHILIPPINE SETTING

Some of the oil giants are also the dominant players in the Philippine oil industry. Royal Dutch Shell, for example, controls Pilipinas Shell while ChevronTexaco owns Caltex Philippines. Petron Corporation, on the other hand, is jointly owned by the Philippine National Oil Company (PNOC), which has a 40% share, and the Saudi Arabian Oil Company (Saudi Aramco), which also has 40 percent. The remaining 20% are owned by more than 500,000 individual subscribers.

ChevronTexaco and ExxonMobil used to own Saudi Aramco until it was nationalized in 1980. However, Saudi Aramco still maintains strategic partnerships with the oil majors. It has joint ventures with Royal Dutch Shell and ExxonMobil in refining and marketing of petroleum products.

Pilipinas Shell, Caltex Philippines, and Petron Corporation are the so-called Big Three of the local oil industry. Together, they account for 83% of the total number of pump stations nationwide, 86% of petroleum products sold in the domestic market, and 100% of the country's refining capacity. They are also among the 10 biggest corporations in the Philippines.

Like in most countries where they operate, the oil majors control as well domestic crude oil production in the Philippines such as the US$4.5-billion Malampaya Deep Water Gas-to-Power Project in offshore Palawan. A joint venture of the PNOC-Exploration Corporation (PNOC-EC), Shell Philippines Exploration (SPEX), a unit of the Royal Dutch Shell, and ChevronTexaco develops and operates the upstream component of the Malampaya project. SPEX and ChevronTexaco each have a 45% stake in Malampaya.

Because of limited domestic crude oil production, oil firms in the Philippines import crude oil or refined petroleum products. The advantage of the oil majors over the new players, however, is that they do not only have their own refineries but they also source their imports from their own parent companies or affiliates.

Petron Corporation, for instance, sources 90% of its crude oil requirement from the upstream operation of Saudi Aramco. The company then refines its crude oil in its Limay, Bataan plant and retails the finished petroleum products in its 1,188 pump stations nationwide. Such vertical integration is also true for Pilipinas Shell while Caltex Philippines now imports refined oil from its own affiliates in the region.

This makes the pump prices of Petron Corporation, Pilipinas Shell, and Caltex Philippines invulnerable not only to OPEC production adjustments but also to the rudiments of free market competition.

This explains why deregulation has not substantially affected their domination of the local petroleum market. On the contrary, a deregulated regime has merely given the oil majors more room to manipulate prices since their transactions with their parent companies or affiliates abroad became even more nontransparent while price adjustments are no longer subject to public hearing.

[wrecker]

http://urbanlegends.about.com/library/blgasboycottb.htm

luma na yan e

[baiskee]

kahit ano gawin natin..bibili at bibili pa din tayo...

[van_wilder]

oo nga... sige magisa kayo na wag magpa-gas... kasi ganito mangyayari niyan... istop tayo for a day... pero lalalakas sila the day before or after kasi magpapa-gas tayo... kung gusto niyo pababain ang price... dapat bumaba ang demand... dapat production ng cars ang pigilan... pero tutol ako dito...

[pajerokid]

boycotting buying gas is kinda pointless IMO.

I mean its a frickin necessity.

[ryan_pogi]

even if magawa yan, babawian ka din nila.
consumers will still be affected.

[kuljaw]

gas in sydney known as petrol is Au$ .97890 a litre...minsan Au$ 1.07 ang bahala na kayo mag convert...pero mura pa rin yun dito kung tutuusin mo dahil sa power ng currency na lumalaro sa Au$1 to US$.68 to .70...sa tingin ko mataas talaga sa pinas in relativity to min. pay

[4xfoot]

masamang kailangan ang gas... what we can do is spend it wisely...

[zero]

wage increase ang kailangan natin para lumakas ang purchasing power nating mga consumers.

asan na ba yung niyayabang ng government na oil sa palawan? panahon pa ni marcos yun, nakaka-ilan presidente na? meron pa nga yata sa tarlac nung panahon ni cory?

[chokers]

yep i agree no point yang boycott... kung sino may gusto patamaan ung oil companies dahil sa pagtaas ng gasolina at crudo na hindi naman talga nila kasalanan.. no offense ha pero i suggest you start buying a bike at un ang gamitin mo....easy nalang sa pag mamaneho at minimize fuel consumption diba? Ü

[POPU]

Sabi nga ng Taxi driver na nasakyan ko. "Bakit di p gawing P100.00 pesos ang Gasolina pra wala ng magdala ng sasakyan. at mag Bike n lng tyo lhat! nakakayamot na sa pilipinas!" Bwesit...............

[zero]

kaya siguro marami na ang bumibili ng scooters nowadays? matipid sa gas at walang traffic sa scooter. kapag P100 na ang gas, lipat na ako siguro sa motorsiklo.com! hehehe!