
Originally Posted by
ringostarr
speculating talaga yan mga oil companies na yan. nag-depreciate ang peso nagtaas sila pero nun nag-appreciate ang peso, di sila nagtaas
obvious naman kumbakit nagtataas mga oil companies locally, bec DEMAND IS LOW!
bakasyun eh, what can you expect? no student commuters therefore less PUVs on the road, less PUV on the roads, no Traffic!
and also no classes, therefore no baon, therefore no panggastos sa malls, therefore wala gano delivery and importation. alam naman natin it's the age bracket 15-28 ang nagpapagalaw ng Malls.
sa private motorists naman, halos 30% of private car owners are abroad or in vacation kaya hindi nagagamit tsikot nila.
sobrang magpang-isa mga executives ng mga oil players na yan. masyadong opportunista, product kasi ng rebel 60's and 70's kaya walang pakelam.
i wouldn't be surprised pagdating ng June baba ang presyo bec. volume is high na eh