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  1. Join Date
    Nov 2005
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    #421
    haha

    na-condition kasi tayo fuel prices will not stop rising.

    yung iba sa atin nag-e-expect ng P70/liter, P80/liter, even P100/liter unleaded...

    Pero tumigil ang weekly price hike..

    Not only that, nagka-rollback pa...

    Yehey!!

    hehehe


  2. Join Date
    Feb 2008
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    14,181
    #422
    Ah yes the good old days where every Friday people line up to go full even though the tank near full...

    Anyway, oil is rising again past $80 better pump up tomorrow I can smell another price rise sooner from the oil companies...

  3. Join Date
    Nov 2005
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    #423
    haha

    tagal na ng thread na ito dude hehe

    BTW, full tank na ako kanina

    oil passed $80 this morning in Asia trading
    Last edited by uls; January 4th, 2010 at 11:45 PM.

  4. Join Date
    Oct 2002
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    21,433
    #424
    P1.00/liter price increase at midnight.

  5. Join Date
    Feb 2008
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    14,181
    #425
    Yikes naunahan ako ng oil companies balak ko sana tomorrow morning ang bilis nila mag react!

  6. Join Date
    Oct 2002
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    #426
    Oil at $81.75 as I post this.

  7. Join Date
    Aug 2004
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    #427
    Like a thief in the night: Oil companies have increased pump prices as of 6AM this morning, 1-05-2010. There was no word on the evening news about this.

  8. Join Date
    Nov 2005
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    #428
    last night po, midnight nagtaas

    i was out that time, saw a Shell station with new price at 12:05 AM

    don't rely on the news

    watch oil prices

    look at the trend

    a continuous 3 to 5 day uptrend of no less than $3-$5 is a sure signal of a price hike

    kung opposite direction, huwag muna magpa-full tank, wait for a rollback
    Last edited by uls; January 5th, 2010 at 01:11 PM.

  9. Join Date
    Feb 2008
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    14,181
    #429
    Quote Originally Posted by Benji_DCP View Post
    Like a thief in the night: Oil companies have increased pump prices as of 6AM this morning, 1-05-2010. There was no word on the evening news about this.
    Makes sense. Why would they announce price increases and decreases early eh di lahat either nag pa gas up na or if decrease naman hihintayin na lang... That's just pure consumer psychology...

  10. Join Date
    Oct 2002
    Posts
    29,354
    #430
    Anyone doubts that this might become a normal sight in Metro Manila soon?


  11. Join Date
    Aug 2004
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    1,559
    #431
    most likely scenario for MM:


    and more pedicabs and padyaks.

  12. Join Date
    Mar 2009
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    21,667
    #432
    Most likely this.


  13. Join Date
    Nov 2005
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    45,927
    #433
    ngayon ko lang naisip...

    diba nag full effect na ang AFTA Jan. 1, 2010?

    hindi ba dapat wala na tax (or may malaking tax reduction) sa imported fuel?

    i mean if the Philippines buys fuel thru Singapore (well, that's where the Philippines buys the contracts right?)... Singapore is part if AFTA, so dapat may malaking tax reduction ang imported fuel

    which would translate to lower pump prices

    i'm not sure about that but we'll see

  14. Join Date
    Nov 2005
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    45,927
    #434
    +++++++++++++++++
    Last edited by uls; January 7th, 2010 at 02:07 PM.

  15. Join Date
    Nov 2005
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    #435
    here's the answer to my question above

    (kaya lang, the anticipated decline in pump prices wouldnt matter much if oil price keeps rising)

    DOE sees 70-centavo drop in gas pump prices next week
    http://business.inquirer.net/money/b...ices-next-week
    MANILA, Philippines -- Fuel prices are expected to drop by roughly 70 centavos a liter next week, due to an executive order which reduced tariff of petroleum products to zero from the current 3 percent.

    Energy Secretary Angelo T. Reyes said EO No. 850 was signed by President Gloria Macapagal Arroyo last Dec. 23 and it took effect beginning Jan. 1 this year.

    "The 3-percent tariff being collected by the Bureau of Customs will be reduced to zero and the effect of this (reduction) in pump prices is 70 centavos a liter. So we should see the effect next week -- whatever the prices will be next week, these should decrease by 70 centavos to conform with the EO," Reyes explained.

    Reyes also told reporters that the EO applied to liquid petroleum products
    and to all importations among the members of the Association of Southeast Asian Nations (Asean)
    .

    EO 850 had scrapped collections on 7,881 tariff lines starting Jan. 1. This would be applicable for all imports sourced from Asean member states.

    The order also ensures that the Philippines is on track in implementing the ASEAN Free Trade in Goods Agreement (ATIGA).
    Last edited by uls; January 7th, 2010 at 02:08 PM.

  16. Join Date
    Feb 2008
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    14,181
    #436
    I dunno how it all translates to the pump prices because of those recent tariff reductions, but oil is now doing $83.50... Better gas up!

  17. Join Date
    Oct 2002
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    4,456
    #437
    Hehehe. Nagkitakita ulit tayo dito ah. Hehehe. Mahaba habang kwentuhan nanaman to.

  18. Join Date
    Nov 2005
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    45,927
    #438
    hehe

    present

    full tank na ako as usual

  19. Join Date
    Feb 2008
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    14,181
    #439
    Naunahan kita ako kahapon pa maskin Linggo alam kong aakyat yan pag bukas ng markets today! Di ko lang talaga alam kailan magtataas ang mga oil companies...

  20. Join Date
    Nov 2005
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    #440
    Quote Originally Posted by tidus1203 View Post
    Naunahan kita ako kahapon pa maskin Linggo alam kong aakyat yan pag bukas ng markets today! Di ko lang talaga alam kailan magtataas ang mga oil companies...
    good

    haha

    expected kasi ang dollar drop, oil price up today

    ngayon lang kasi mag rereact ang Asia sa NFP report noong Friday sa US

Constant Weekend Rise at the Gas Pump