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  1. XTO's Avatar
    XTO
    XTO is offline Mutawa'een
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    October 30th, 2008 09:10 AM #1
    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
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  2. ghosthunter's Avatar
    ghosthunter
    ghosthunter is offline Tsikoteer
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    October 30th, 2008 09:18 AM #2
    Is there a more clear sign of an oil cartel by the major petroleum companies in the Philippines?
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  3. boybi's Avatar
    boybi
    boybi is offline Tsikot Member Rank 8
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    October 30th, 2008 09:20 AM #3
    Nakisabay na rin si Caltex, same price adjustments.
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  4. tedd
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    October 30th, 2008 09:22 AM #4
    A long awaited roll back!!!
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  5. wakin's Avatar
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    wakin is offline Tsikot Member Rank 3
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    October 30th, 2008 09:38 AM #5
    finally! pano namam kaya yung jeepney/bus fare?
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  6. ghosthunter's Avatar
    ghosthunter
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    October 30th, 2008 09:52 AM #6
    I wonder if Auto-LPG will also follow with a major price adjustment?
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    shadow
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    October 30th, 2008 09:55 AM #7
    ayos!!!!
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  8. coiter
    coiter is offline Tsikot Member Rank 3
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    October 30th, 2008 10:56 AM #8
    lumalaki na uli gap ng diesel at gas. i think dito sa atin the price of gas subsidizes the price of diesel since mas socially sensitive ang diesel. pero ok na rin to. more to come sana!
    Last edited by coiter; October 30th, 2008 at 11:00 AM.
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    teeyoh
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    October 30th, 2008 10:53 AM #9
    Quote Originally Posted by wakin View Post
    finally! pano namam kaya yung jeepney/bus fare?
    Transport groups promised a fare rollback if the price of diesel is brought down to 37 pesos/liter... well let's see.
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OCT. 30, 2008 Shell, Petron cut diesel prices by P5 per liter starting 7 a.m.