Fuel Price Increase [Merged]

**chris_d** · March 5th, 2005 05:13 PM

This wont affect so much people driving high end vehicles bec. they can afford the gasoline anyway. If you can afford Iced tea at some restaurants for 40pesos, you can afford gas at those prices. Most of us here can probably afford this. This would more greatly affect jeeps, buses and the like, also the delivering of goods.

Opinion ko lang po ito.

**falken** · March 6th, 2005 12:56 AM

Next week LPG naman ang tataas.

**yan_168** · March 6th, 2005 01:42 AM

naku, magcocommute na lang ako....

**BeetOls** · March 6th, 2005 06:56 AM

mahal na nga ng diesel...dagdag pa ang parking!

wala nang natira!

**gearspeed** · March 6th, 2005 11:36 AM

malupit ang chismis na by march's end, 30++/liter ang diesel, 34++/liter ang unleaded....

nakow huwag naman sana umabot dyan sa 34 ang unleaded..hindi na ako makakasetup ng tsikot niyan..

**falken** · March 13th, 2005 03:25 AM

Small oil players raise prices

Small oil players on Saturday announced their plan to raise the pump prices of petroleum products.

DZMM reported that Unioil Philippines Inc. is set to increase pump prices of petroleum products by 50 centavos per liter on Monday.

Seaoil Philippines Inc. raised its prices Saturday morning.

The price adjustment was meant to partially recover from the steep increase in world oil prices, which had reached a four-month high this month.

abs-cbnNEWS.com

**alnr** · March 13th, 2005 09:08 AM

nagtaas na shell kaninang madaling araw daw, nagpa gas ako sa shell shaw. 28.30/liter na ang price nila. yesterday ata mga nasa 27.90/liter lang ata.

**BlueGirl** · March 13th, 2005 09:12 AM

lahat nalang tumataas..ang wala ng pag-asa na tumaas ay ang mga pandak...hay...wala naman tayo choice...ang mahirap nyan mas apektado ang mga below middle class lalo na mga public utility vehicles...malamang pati pamasahe tataas narin...

**nugundam93** · March 13th, 2005 10:05 AM

kaya pala andaming nakapila kahapon sa petron congressional ave near cherry...kakainis, increase uli.

**Monseratto** · March 17th, 2005 08:42 AM

WAAAH! Baka aabutin pa ng 32 yung gasolina! Tapos may balak dadagan ng 3 pesos yung pamasahe sa jeepney. Paano na 'to? Summer daw mag-peak yung demand. Pati yung kano kumakamot na ng ulo.

Oil hits record above $56

Sharper-than-expected drop in gasoline and heating oil inventories sends energy prices soaring.
March 16, 2005: 4:28 PM EST

NEW YORK (CNN/Money) - Oil prices hit a record high Wednesday after a report showed sharper-than-expected declines in gasoline and heating oil inventories.

Crude oil for April delivery jumped $1.41, or 2.6 percent, to close at $56.46 a barrel in New York, after reaching as high as $56.60 -- well above the previous record close of $55.17 set on Oct. 22 and the record trading high of $55.67 set on Oct. 25.

The EIA also raised its forecast for 2005 global oil demand to 84.3 million barrels a day and said the growth in demand, especially in China and the U.S., is responsible for the current high prices.

"I think this price move has been justified," Phil Flynn, senior market analyst at Alaron Trading told CNN/Money. "Demand in the world will probably hit the highest level in 30 years this summer."

In a news conference Wednesday, President Bush said he was "concerned about the price of energy" and its dampening effect on the economy.

"Demand is outracing supply and supplies are getting tight," Bush said.