Fuel Price Increase [Merged]

[cyberdoc95]

hehehe wala sana magalit

US Big engined SUV ata may kasalanan bat lumalakas ang demand ng US for Petroleum, 20% or 40% ata ng new cars for 2002 to 2004 ay 2.2 liter and above gas engines.

and yung trend is rising, considering yung size ng US car/automobile market, significant eto to affect prices.

We know that price is always driven by supply and demand. It seems sa oil price increases, we point our fingers once again and blame the United States. Then again, we always blame the United States for everything. Even the tsunami or 9/11 attack was blamed on the United States..He he he... :bwahaha:

If we look at the table below from LTO.ORG, and see how many NEW vehicles are purchased and registered in a year in the Philippines. These even were figures when the economy was on harder times. I reckon that years before had higher numbers.

35% increase on numbers of NEW vehicles for private use, while 24% increase Vehicle-for-hire in a year and an Overall TOTAL of 34% increase on NEW vehicles(who says naghihirap talaga ang mga Pilipino??He he he he). I would say, the demand for fuel is definitely increasing even on a small country like the Philippines. It is without any doubt, a shortage and increased demand has occured prompting the prices to go up!

Having seen this figure, you'll ask and wonder: "just imagine how much more demand do other more developed countries have, when Philippines mismo has increased demands??"



LTO'S ANNUAL REPORT OF VEHICLE REGISTRATION[SOURCE:CLICK HERE(LTO.ORG)]
MV
Classification--Mode of Reg.----2003--------2004------% INC. (DEC.)


PRIVATE --------NEW-----------503,472-----680,903-----35.24
>>>>>>>>>>>>>RENEWAL........ 2,885,550.....3,115,047.... 7.9
>>>>>>>>>>>>..Sub-Total...... 3,389,022.....3,795,950.... 12.01

GOVERNMENT ::::NEW----------7,325--------6,820------- (6.89)
::::::::::::::::::::RENEWAL-----61,112-------67,536-------10.51
::::::::::::::::::::Sub-Total----68,437-------74,356--------8.65

DIPLOMATIC::::::NEW------------ 422------ 360 ----------(14.69)
:::::::::::::::::::RENEWAL-------- 2,394-----3,837---------60.28
:::::::::::::::::::Sub-Total:::::::::2,816----- 4,197---------49.04

FOR HIRE:::::::: NEW----------28,440-------35,218---------23.83
:::::::::::::::::::RENEWAL-----802,402------849,789--------5.91
:::::::::::::::::::Sub-Total----830,842------885,007--------6.52

TAX-EXEMPT::::NEW----------186----------99-------------(46.77)
::::::::::::::::::RENEWAL------969---------984-------------1.55
::::::::::::::::::Sub-Total-----1,155-------1,083-----------(6.23)

T O T A L:::::::NEW----------539,845------723,400--------34.00
::::::::::::::::::RENEWAL-----3,752,427----4,037,193-------7.59

::::::::::::::::::GRAND TOTAL-4,292,272----4,760,593-------10.91


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