Constant Weekend Rise at the Gas Pump

[uls]

basta hindi lalampas ng $140 ang oil price, titigil yung weekly price increase dito sa atin in a few weeks. Kahit papano, nakakahabol na ang mga local oil companies.

Pansin ko lately hindi na kasing grabe ang price swing ng oil unlike a few weeks ago.

now it only moves up or down $3 in a trading day (instead of $6-$8)... sa lagay na yan meron news that Israel is planning to attack Iran, and the Nigeria supply disruption.

Things are relatively more stable now.

[Xt7]

51 pesos na diesel.. grabe. kung every month 3 pesos increase, aabot ng 70 pesos ang diesel pa lang???

[qman]

Basta alam ko hanggang P65/L na yan for unleaded and around P59/L for diesel. Hope you guys are prepared for it

mag dilang anghel ka sana

[ghosthunter]

Fuel prices has reached ouch levels for some. Example today where power black outs resulted from the tropical typhoon Frank, some people who used to fire up their generators now prefer to sit in the dark because diesel fuel is so expensive.

I am kinda seeing a shift to LPG fuel power generators for some people who really need backup power.

[ghosthunter]

meron palang LPG generator, san nakabili?

OB, wala yan sa hollow earth.

[meledson]

May balita na ba kung kailan hihinto ang weekly na pagtaas ng gas?

[tidus1203]

My guess is until it reaches P65 then it should stop, of course fingers crossed oil does not go up even further to where it is...

[uls]

yes basta oil doesnt go past $140

pero mukhang malabo titigil sa $140... kagabi nag $137 na

[Monseratto]

IT'S FRIDAY AGAIN!!! ANOTHER VISIT TO THE PUMPS! Diesel will be P53 and Unleaded will tip at P60 tomorrow...No end at sight pa dahil lumampas na sa US$ 140/barrel ang crudo.

[Monseratto]

Also another double post...

[Jan2X]

OB, wala yan sa hollow earth.

OT:
sir GH, you mean.. Old Blue, ringostarr, and now motorpsychic are one and the same???

eto para hnde OT:
For me, sana lng hnde na nagi-speculate ang mga so-called experts, kse lalong nakaka-demoralize eh. Tipo bang bearers of bad news.
Ex: pgpasok mo sa work, may mga mgsasabi na, aabot ng as much as P80/li within this year... haay, pg di ka naman nakunsumi!

[uls]

forget an end to weekly price hikes at the gas station... it will go on and on and on...

it's almost impossible for the oil companies to catch up.

oil just went above $141...

[Monseratto]

Shell fuel prices up by P1.50/liter Saturday
6/27/2008 12:36 PM

Prices of fuel products will increase again this weekend, the 17th in the weekly adjustment implemented by oil companies for the past few months.

Pilipinas Shell spokesman Bobby Kanapi said the weekend increase is part of the incremental hikes being imposed by the oil company to catch up on its underrecovery.

“It’s safe to say we will adjust prices by P1.50 tomorrow (Saturday),” Kanapi told radio dzMM.

He said he would have to advise the Department of Energy before making an official announcement about the latest price adjustment.

Last week, Energy Secretary Angelo Reyes summoned again oil company executives after the price adjustments over the weekend.

Reyes said the department wants to determine how much is the oil companies’ underrecoveries.

The Big 3 -- Shell, Petron and Caltex – and small players Total and UniOil on June 21 increased prices of gasoline, diesel and kerosene products by P1.50 per liter.

More increases till August

Kanapi, meanwhile, said the weekly price adjustment of oil products may continue until August.

Oil nearly breached the $140 per barrel mark at the world market on Thursday.

He said oil companies have been hoping a decline of oil prices for the last two weeks. However, he said the prices of oil products may not go down with the current movement at the world market.

Kanapi said vehicle owners should start saving fuel and look for ways on how to avail of oil product discounts.

He advised private car owners to use ethanol-mixed gasoline or diesel to save at least P2 per liter of fuel.

He, however, said the ultimate way to save fuel money is to reduce travel time.

http://www.abs-cbnnews.com/storypage...StoryId=123231

[Monseratto]

double post na naman...

[tidus1203]

http://www.gmanews.tv/story/103750/G...igh-gas-prices

Anyone want to follow the guy, feel free! Post narin yung pictures dito sa Tsikot

[qman]

kupo

kupo nag breach na sa 60 ang gasolina malamang pag uwi ko next month asa 65 na yan

[CoDer]

Grrrr.... 60/L na, aray ko po!

[stryke1]

dito masarap gumamit ng car, lalo na 3.0 sarap humatak, bawat apak suawabe sa gas, parang chevas bawat lagok ang sarap...um...kasi mahal

[Monseratto]

I wonder how many more local big American SUV owners are starting to regret buying their rides?

[meledson]

Kaninang mga past 3:00 AM nakapag gas ako sa 58.09 per liter sa caltex SLEX south bound. Shell pa lang ang nagtaas ng gas kaninang madaling araw. I am assuming na nagtaas na ang petron at caltex kaninang umaga.