OCT. 30, 2008 Shell, Petron cut diesel prices by P5 per liter starting 7 a.m.

**XTO** · October 30th, 2008 09:10 AM

yes

MANILA, Philippines - Two oil giants announced early Thursday that effective 7 a.m. they will roll back prices of their diesel product by P5/liter.

In an interview on dzBB radio's early morning news, Bobby Kanapi of Filipinas Shell said the firm cuts diesel price by P5 per liter and P2 for each liter of gasoline and kerosene.

Shortly after Shell's announcement, Petron followed suit "copying" rollback rates and schedule of Shell.

The announcements came after an independent player, Seaoil, decided to implement a P2-per-liter rollback in the prices of its oil products. - GMANews.TV

http://www.gmanews.tv/story/130292/S...-starting-7-am

**ghosthunter** · October 30th, 2008 09:18 AM

Is there a more clear sign of an oil cartel by the major petroleum companies in the Philippines?

**boybi** · October 30th, 2008 09:20 AM

Nakisabay na rin si Caltex, same price adjustments.

**tedd** · October 30th, 2008 09:22 AM

A long awaited roll back!!!

**wakin** · October 30th, 2008 09:38 AM

finally! pano namam kaya yung jeepney/bus fare?

**ghosthunter** · October 30th, 2008 09:52 AM

I wonder if Auto-LPG will also follow with a major price adjustment?

**shadow** · October 30th, 2008 09:55 AM

ayos!!!!

**actor21** · October 30th, 2008 10:03 AM

siempre domino effect yan..baba (dapat) pamasahe, pangunahing bilihin , kuryente, services etc....

sana ang Gas maging 40 per liter para masaya yahooooooo

*JPDM and TrueFaith ito na ina antay natin

**_Cathy_** · October 30th, 2008 10:04 AM

Why only P2 for Gasoline? Hay...

**XTO** · October 30th, 2008 10:07 AM

malaking tulong 'to sa lahat, magkaaway man o hindi. sana mag tuloy tuloy mga papi para naman gumanda pasko natin..... also a great privilege ito sa mga bi-biyahe this weekend.