At what price do you think gasoline will stabilize at?

[aoryaj]

Rising oil price is a global crisis. Bakit pa kasi ininvade ang iraq, tuloy na monopolize nila ang oil industry (saudi and US) . Nonetheless, I think the price would reach around 70 by year end to a maximum of 100 depending on the strength of the peso against the dollar.

[A121]

You might see a shift... you might see more students riding on motorcycles.

I'm actually thinking of getting a Honda Eve Pax.

[uls]

i have a feeling that demand will subside just after the olympics.

matinde ang pressure sa Beijing, a 3rd wing of Beijing super dragon airport (the world's largest) that is supposed to be opened in 2010, operational na ngaun. the 1st two wings just aint enough.

syempre, hindi lang naman sa airport pupunta ang mga olympic visitors. the entire capital is under pressure, mga buildings/hotels/shops/facilities even their stadium are also on tight schedule on finishing just before the olympics. kaya kahit mataas ang presyo ng energy costs, sige pa din ang order ng China.

Yes, China is stockpiling oil for the Olympics. It would be embarassing if they run out of oil during the Olympics.

http://www.insidefutures.com/article...20July%20.html

China is likely stockpiling commodities ahead of the Olympics, including construction materials to build infrastructure, and food and fuel for athletes and visitors. I think China had to buy at any price, but that should ebb somewhat once the Olympics end. China is like the girl going to the prom and wants to look good to the world in her pretty dress, and is spending for the big event. Of course, there will continue to be demand from China and other emerging countries after the Olympics, but there won’t be a deadline associated with it, and the need not likely so urgent.