kaya pa kaya natin ito?

**mazdamazda** · June 22nd, 2005 09:41 AM

Originally Posted by yebo

it is not opec that is causing the rise in oil prices. if you read the news, they had increased oil production to lower the oil price. they are again planning to increase their quotas to counter the recent rise in oil prices. they after all know that very high oil prices is bad for them - governments begin to plan long term on eliminating or at least reducing dependence on petroleum. they have learned their lessons well during the world oil embargoes of the 1970s. they know it does not help to kill the very market they sell to.

you should blame instead those energy futures traders in new york. it is only june and they are already trading for the oil deliveries in december. last year when they started bidding the oil price to high heavens "fearing" an oil shortage in the winter months, their predictions did not happen since opec opened up its wells to prevent high prices. and this time they are are it again, peddling the same old lies to maximize their gains!

you know how those traders think? commission in every trade! they will buy and sell that oil several times before it even gets pumped out of the oil well. to hell with the rest of the world as long as they get their commissions. and they will make any excuse, like "fear of oil shortage in winter" to justify increasing the price. the higher the price goes up the more times they trade that barrel of oil. only when they have milked it to their content will they have it delivered.

so where does their commissions come from. you bet, it's your pocket indio!

really good point!

heck... even the OPEC wants to stabilize the world oil price market. if they push it too high - then they will be eventually be killed off prematurely by making alternative sources of fuel MORE viable.

by the way... the Philippines has one of the lowest tax rates for petroleum products in the world. hence we also have the one of the lowest pump price for a non-oil exporting country.

Originally Posted by happy_gilmore

what will happen to people who are earning minimum wage? kakain pa ba sila? can they still afford to send their kids to school? can they still buy medicines if they are sick?

they can quit smoking, drinking & stop using their cellular phones (for crying out loud... the annual net income of petron can be earned by pldt/smart/piltel in less than a month).

**nugundam93** · June 22nd, 2005 09:50 AM

with the people earning min wage, it is quite funny actually.

they complain that they don't have enough money for food, and other vital needs...and yet they keep on texting, they have mid-range to near high-end cellphones. i can even bet their cellphone is better than mine. they can also regularly spend time at the mall, inevitably spending their hard-earned cash there for something which might only be a want and not a need. :lol:

**shadowfax** · June 23rd, 2005 11:01 PM

48 pesos wow ang mahal...

**quiksie** · June 23rd, 2005 11:39 PM

sana dati pa naimbento ang mga railway systems around metro para tipid talaga. Parang sa ibang countries, no need to use cars as a mean of transpo.
Ang mahal na ng gas! biodiesel na tayo mga dieselers!

**pixelparadigm** · June 23rd, 2005 11:59 PM

Sa European countries nga, they are willing to tax petroleum prices para mabawasan ang demand and consumption. What we need is a long term solution to this soon-to-be unviable source of energy. Kung matino tino lang kasi ang urban planning dito sa 'Pinas at maayos ang pagkakalatag ng mass transit...

Dami kasing mga Jeep sa metro, eh kung nag-bubus na lang ang mga tao. Tayo lang naman dito sa Pinas ang may transpo na stop anywhere you like. And public utility vehicles should use much cleaner CNG combusting engines instead of keeping their badly maintained diesels.

**ILuvDetailing** · June 24th, 2005 12:05 AM

Pag humarurot yung mga bus at jeep na yan kala mo mura pa ang diesel.

**Karding** · June 24th, 2005 12:16 AM

$2.49/gallon na ang premium gas

A week ago, it was just $2.31

Ang pinagtataka ko, laging tumataas ang gas price during the long weekend (July 1- July 4) dito sa US :swear: at energy traders

**silverbx986** · June 24th, 2005 12:30 AM

Originally Posted by Karding

$2.49/gallon na ang premium gas. A week ago, it was just $2.31

Ang pinagtataka ko, laging tumataas ang gas price during the long weekend (July 1- July 4) dito sa US... at energy traders

gamit ka ng khaos para makatipid :bwahaha:

sa lugar ko mas mahal ng 10cents

**Karding** · June 24th, 2005 12:42 AM

Originally Posted by silverbx986

gamit ka ng khaos para makatipid :bwahaha:

sa lugar ko mas mahal ng 10cents

umorder na ko, si ghosthunter and exclusive distributor sa US :bwahaha:

**speedy** · June 24th, 2005 01:03 AM

Originally Posted by mazdamazda

really good point!

heck... even the OPEC wants to stabilize the world oil price market. if they push it too high - then they will be eventually be killed off prematurely by making alternative sources of fuel MORE viable.

by the way... the Philippines has one of the lowest tax rates for petroleum products in the world. hence we also have the one of the lowest pump price for a non-oil exporting country.

they can quit smoking, drinking & stop using their cellular phones (for crying out loud... the annual net income of petron can be earned by pldt/smart/piltel in less than a month).

LOL! Mazda2 has nailed it on the nose! Pinoys really need to look at the whole picture. Gas prices are going up everywhere so it really is not isolated in the philippines. I think I saw a kid on some "money for school" tv ad that had a cell phone in his hand! Its really hard to feel sorry for that kid!

Now, I am not saying that the whole "money for school" thing is a farce, a lot of kids do need help but how could one put money in the hands of people who waste their hard earned money on smokes, booze and high end cell phones?