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  1. Join Date
    Sep 2003
    Head for the pumps!!! The other oil players will surely follow!

    Independent oil player Eastern Petroleum Corp. Monday said it will increase the price of its diesel and kerosene products by P2 per liter starting 6 a.m. Tuesday.

    The oil firm also said it will raise prices of its unleaded gasoline by P1.50 per liter and regular gasoline by P0.75 per liter.

    Other oil firms have not followed suit as of this posting.

    The more than P1 per liter increase this week is inevitable, Eastern Petroleum president Fer Martinez said.

    An Energy Department official said that based on computations, oil prices would increase by more than P1 per liter this week.

    According to the Organization of the Petroleum Exporting Countries’ basket price, oil rose to $83.67 per barrel as of Nov. 15, 2010 from $76.48 a barrel as of Nov. 16, 2009.

    Philippine oil firms also raised prices by P0.25 per liter for premium gasoline, diesel, and kerosene on Nov. 8 to reflect higher world crude prices. — JE/VS, GMANews.TV

  2. Join Date
    Jul 2010
    kung anu-ano pa alibis nila, hindi nalang nila sabihin X'mas na po time to get a lion's share of the public's money. kaya taas presyo

    and sana nga itaas nila ng P5.00 pa, sobrang traffic ngaun

  3. Join Date
    Aug 2005
    nasa news late last week na tataas ang gas this week.

    eto na nga.

  4. Join Date
    Feb 2010
    bumaba na ulit sya, compared to the rapid increase of crude oil prices in the world market for the past weeks...

    sana magbaba na ulit ng petroleum prices :D

Eastern Petroleum to raise prices Nov. 16