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View Poll Results: how much gasoline price can you still afford?

Voters
51. You may not vote on this poll
  • P60+++

    14 27.45%
  • P70+++

    8 15.69%
  • P80+++

    4 7.84%
  • P90+++

    1 1.96%
  • P100+++

    10 19.61%
  • I will just stay under a rock for the rest of my life

    6 11.76%
  • I don't use gasoline anymore.

    8 15.69%
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Results 31 to 40 of 83
  1. Join Date
    Sep 2007
    Posts
    8,451
    #31
    ako, yung dati 1.5k ko, kalahating tank ko na yun way back 2 months ago. ngayon, kulang ng 3-4 guhit bago magkalahating tanke ang 1.5k ko. yun nga, supply and demand problem. mataas ang demand, konti supply, result high price. now, kung yung mga arabo magproproduce sila ng enough oil para magsupply sa buong mundo, i think hindi ganito ang problem. to think of demand, may 1 bansa ang tingin ko masyado ang demand niya sa oil. you guys know that country i think. tingin nyo ba, talaga bang mataas ang demand nila kasi malakas ang konsumo nila or mataas ang demand nila for other reasons? dapat eto ang masilip eh. everyone needs oil, we need gasoline and diesel para sa everyday life natin lahat. sana lang, maisip ng ibang tao ang importance nito ngayon. use fuel wisely and efficiently.

    kung ako tatanungin, better think kung talagang makatarungan kung aabot sa ganun kataas ang price and think if makatarungan din ang present price at weekly price hike ng fuel. naiinis na ko sa 1.50 hike per week, sobra pabigat sa tao

  2. Join Date
    Feb 2008
    Posts
    14,181
    #32
    The OPEC members always say that they have enough supply. But if you ask them were the new supply of oil is going to come from beyond what they have already drilled they won't answer back. I am not saying that we are near zero hour and the world will run out of oil, but nauubusan na nang oil that is based on land (aka easily accessible), the others are underwater and very hard to reach.

  3. Join Date
    Nov 2005
    Posts
    45,927
    #33
    Quote Originally Posted by testament11 View Post
    ako, yung dati 1.5k ko, kalahating tank ko na yun way back 2 months ago. ngayon, kulang ng 3-4 guhit bago magkalahating tanke ang 1.5k ko. yun nga, supply and demand problem. mataas ang demand, konti supply, result high price. now, kung yung mga arabo magproproduce sila ng enough oil para magsupply sa buong mundo, i think hindi ganito ang problem. to think of demand, may 1 bansa ang tingin ko masyado ang demand niya sa oil. you guys know that country i think. tingin nyo ba, talaga bang mataas ang demand nila kasi malakas ang konsumo nila or mataas ang demand nila for other reasons? dapat eto ang masilip eh. everyone needs oil, we need gasoline and diesel para sa everyday life natin lahat. sana lang, maisip ng ibang tao ang importance nito ngayon. use fuel wisely and efficiently.

    kung ako tatanungin, better think kung talagang makatarungan kung aabot sa ganun kataas ang price and think if makatarungan din ang present price at weekly price hike ng fuel. naiinis na ko sa 1.50 hike per week, sobra pabigat sa tao
    hindi lang supply and demand. Though supply and demand plays a large part in high oil price.

    Speculation on oil adds about $30 to oil price. That's the concensus among analysts. they call it speculative premium.

    The reason why oil price is so high is coz oil is being used by investors as a hedge against the weak dollar and inflation.

  4. Join Date
    Feb 2008
    Posts
    14,181
    #34
    I heard Peter Schiff say that if we still have a gold backed money oil will be $3/barrel maybe a bit more if there is demand/supply problem. But definitely less than $8/barrel...

  5. Join Date
    Jun 2005
    Posts
    1,455
    #35
    hangang magkano ba talaga ang gas? ako ay naguguluhan na. hay buhay...

  6. Join Date
    Feb 2008
    Posts
    14,181
    #36
    Gas will always go up (even if demand/supply is in equilibrium, paper money is always being inflated and thus it will take more paper to buy the same oil) ang tanong na lang is yung bilis ng akyat. Eventually gas will go up P100, P200, P300 its just a matter of timing. Will we get P100 next year or 5 years from now, yan ang tanong?

  7. Join Date
    Nov 2005
    Posts
    45,927
    #37
    But for the rest of the year, the price of unleaded gas probably won't reach P80 per liter.
    Last edited by uls; June 17th, 2008 at 01:08 PM.

  8. Join Date
    Sep 2007
    Posts
    8,451
    #38
    dapat may gawin ang government na tungkol dito. dapat ba i-regulate ang fuel, or gawa sila ng batas regarding dito. minsan kasi mapapaisip ka, tama ba ang pagtataas ng presyo. eh hindi na cents ang usapan ng hike, nasa peso level na tayo. lumalaki na ang impact nito sa everyday living natin mga papi at kawawa naman ang mga less fortunate natin mga kababayan

  9. Join Date
    Feb 2008
    Posts
    14,181
    #39
    The government CAN DO NOTHING beyond lowering taxes and tariffs or totally eliminating them. Gas prices are a result of worldwide crude oil pricing which NO GOVERNMENT HAS A CONTROL. Its all part of the market participants, the suppliers namely OPEC and other oil producers and the consumers which is ALL OF US plus speculators who buy it for value protection rather than to use it. Price controls has never work and WILL NEVER WORK. If the price is not right sellers will not sell and it just makes things worse...

  10. Join Date
    Nov 2005
    Posts
    45,927
    #40
    Quote Originally Posted by testament11 View Post
    dapat may gawin ang government na tungkol dito. dapat ba i-regulate ang fuel, or gawa sila ng batas regarding dito. minsan kasi mapapaisip ka, tama ba ang pagtataas ng presyo. eh hindi na cents ang usapan ng hike, nasa peso level na tayo. lumalaki na ang impact nito sa everyday living natin mga papi at kawawa naman ang mga less fortunate natin mga kababayan
    Wala magagawa ang gobyerno. Like what Tidus said, hanggang taxes lang ang pwede galawin ng gobyerno.

    the last thing u want is price controls (if that's what u are proposing)

    If the govt imposed price controls (like set the price of unleaded at P50, diesel at P45), hindi na mag iimport ang mga oil companies pag naubos na ang stock nila dito.

    So wala na mabibiling fuel sa mga gas stations. That's even worse than expensive fuel.

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Gas price: how much can you still afford?