Price hike

[speedy]

Is the price increase in public transportation due to increased oil cost, govt regs or greed?

[silverbx986]

Is the price increase in public transportation due to increased oil cost, govt regs or greed?

all of the above?

[nugundam93]

i think we can merge oil cost with greed as a sub-effect.

greed -> more money -> try to raise cost that the market would still "tolerate"

[speedy]

I dunno what occurs back home, but in the US, prices go up and down. It does'nt stay fixed at a higher rate. I am sure, there are a lot of cost added for processing, delivery, etc. but bottom line is that profits are built in to the equation. I seriously think that the philippine gas issues are primarily a local problem and not global. Since oil prices do drop. You know, supply and demand thing. Thats why OPEC has a tight control on production and extraction of crude oil.

[roninblade]

up and down din naman ang oil prices dito. more up nga lang than down.

[odell]

lage naman tumataas, pag napansin ng public na hinde bumababa kahit sa world market bumababa bago nila ibababa din..

[speedy]

lage naman tumataas, pag napansin ng public na hinde bumababa kahit sa world market bumababa bago nila ibababa din..

So bumababa din ang presyo nang gasolina sa pinas?

[DGame]

Dahil yan kay Bush. :-D

[scarab]

as of today bumaba uli by 2 centavos. Php29.07/liter (basic unleaded)

[rayana]

up by P0.50/liter as of yesterday noon (08 june 2005)

http://news.inq7.net/top/index.php?i...story_id=39622

[bilog]

Expect the oil price to go higher this July. Oil Companies will be passing the Expanded VAT to its consumers.

[theveed]

Kaya nga nagcocommute nalang ako lagi hehe... P40/day balikan vs. P150/day pag nagdala akong oto...