Langis sasampa sa P50 per litro

[BoEinG_747]

Mismong mga oil companies ang nagbigay ng prediksyon na papalo sa P50 kada litro ang presyo ng langis sa lokal na pamilihan bago matapos ang taong kasalukuyan. Ito’y dahil pumalo na sa $64 per barrel ang presyo ng langis sa pandaigdigang pamilihan na siyang pinakamataas umano sa kasaysayan ng mundo.

Sinabi ni Flying V President Vic Villavicencio na ang P50 na kanilang estimate ay kasama na ang P3 hanggang P4 na dagdag sanhi ng Expanded Value Added Tax (EVAT) gayundin ang under recoveries noong nakalipas na mga buwan na aabot ng P2 sa diesel at P3 sa gasolina.

Sa panig ng Consumer and Oil Price Watch, una nang sinabi ni Raul Concepcion na sa mga susunod na linggo ay hindi na 50 sentimos ang adjustment sa presyo ng langis bagkus P3 na kada litro.

Kaugnay nito, nanawagan naman sina Nueva Ecija Rep. Aurelio Umali at Bukidnon Rep. Juan Miguel Zubiri na bigyang pansin ang problema ng patuloy na pagtaas na presyo ng langis sa pamamagitan ng paghahanap ng alternatibong pagkukunan nito. Ayon sa dalawang mambabatas, panahon na para bawasan ang pagdepende ng Pilipinas sa Organization of Petroleum Exporting Countries (OPEC) sa larangan ng enerhiya.

"Kaya nating maging independent sa OPEC kung gugustuhin natin kaya sana pagtulungan na nating lahat ito dahil wala ng pag-asang ibaba pa ng OPEC ang kanilang presyo," ayon naman kay Zubiri.

[Tacoma_34]

so f up your V8s guys

[Monseratto]

World oil price hits unprecedented $65 a barrel


Oil prices hit 65 dollars a barrel for the first time here Wednesday on the back of sky-high demand for crude and refinery problems in the United States, brokers said.

New York's main contract, light sweet crude for delivery in September, went on to close at 64.90 dollars a barrel, up a startling 1.83 dollars on Tuesday's close, shortly after reaching 65.00 dollars.



In London, Brent North Sea crude for delivery in September went up by even more to break through 64 dollars a barrel for the first time. The contract rose 2.12 dollars to end at 64.10 dollars a barrel.

The record-breaking rallies came after the Department of Energy (DoE) reported that US stockpiles of gasoline inventories fell last week.

While crude inventories went up in the weekly DoE report, the market took its cue from signs that given record-breaking sales of new autos in the United States, demand will remain robust in the world's top oil consumer nation.

"Fundamentals and speculative effects are influencing the market. But the fundamental factors are the greater," Wachovia economist Jason Schenker said.

"We have very strong US growth, very strong energy demand, high US auto sales and high SUV sales," he said.

Gas-guzzling sports utility vehicles have been doing particularly well in a summer sales price war launched by General Motors and now joined by the other big US carmakers.

New problems at overstretched refineries also pushed oil prices to the new highs.

British energy giant BP said it had closed a gas-oil hydro-treating unit at its huge petrochemical complex in Texas City, in the southern United States, because of a leak.

It was the latest in a series of mishaps to hit the Texas City facility, BP's biggest in the world. An explosion at the refinery in March killed 15 people.

When fully operational, the Texas City plant processes 460,000 barrels of oil daily.

French energy group Total said that its onshore Obagi oil field in Nigeria remains shut due to unrest among local communities.

The plant, which produces 35,000 barrels of oil and six million cubic meters of natural gas a day, was shut down just over a week ago.

In addition, the market has been convulsed by developments in the oil-rich Middle East. Saudi Arabia is on alert for possible terrorist attacks and Iran risks a showdown with the US government by resuming nuclear fuel work.

Saudi Arabia, the lynchpin of the Organization of the Petroleum Exporting Countries (OPEC), has the world's largest oil reserves. Iran has the second largest among OPEC members.

"The market in general has an upward bias now, the sentiment is bullish overall," said Victor Shum, a Singapore-based analyst with US energy consultancy Purvin and Gertz.

After prices had surpassed 64 dollars a barrel for the first time this week, OPEC said it had boosted production in a bid to cool the market.

Saudi Arabia has intensified security around foreign compounds in Riyadh after the United States, Britain and Australia warned that terrorist attacks may be imminent in the desert kingdom.

"The geopolitical concerns are still worrying after a week full of incidents at refineries, the last one of which being today in a unit at the Texas City BP refinery," one European analyst told Agence France-Presse.

[empy]

how does rep. zubiri propose the philippines become independent from importing oil from opec? does the philippines have that big of an oil-producing industry? or is he proposing that everyone buy the cars that run on water? :lol:

[the_wildthing]

Baka Khaos user... hehe.

Let's go Nuclear! Year 2005 na. Siguro naman we have advanced so much that waste disposal techniques are better, wag lang puro kickback kundi cost-cutting ang mangyayari, lahat may cancer hehe.

[Bogeyman]

Siguro naman we have advanced so much that waste disposal techniques are better

I wouldn't be too sure. Conventional waste na nga lang, hindi pa natin ma-manage ng maayos (Boracay island is a perfect example), eh di lalo pa yung nuclear waste.

[chris_d]

A long time ago my dad was a consultant selling power plants. Those were the days that the Philippines had problems with electricity at laging may blackout. Naalala ko pa minsan nung may meeting sya with the people at meralco or napacor ba yun... Sayang nde sya nakabenta ng nuclear power plant, di siguro tumaas ng ganito kuryente sa atin...

[BoEinG_747]

A long time ago my dad was a consultant selling power plants. Those were the days that the Philippines had problems with electricity at laging may blackout. Naalala ko pa minsan nung may meeting sya with the people at meralco or napacor ba yun... Sayang nde sya nakabenta ng nuclear power plant, di siguro tumaas ng ganito kuryente sa atin...

ano na ba nag yari sa Bataan Nuclear Power Plant natin ang laki ng ginastos at corruption doon nauwi lang sa lahat ...madami naman sa ASIA gumagamit nito pero (Malaysia ,Indonesia ...yata)...dito sa pinas madami natakot...

[Mojo]

hehehe

si tita cory kasi, hindi ginamit yung bataan at kinasuhang ang westinghouse, during nun kaso, di pwede gamitin or else ma estop ang pilipinas sa kaso hehehehe

nun na bulok na after hindi ginamit, hindi na sinubukan gamitin or i upgrade ang safety features kasi ang mahal at walang pera pilipinas.

[silver_corolla]

what's new???

[mrpink]

kung ganon .. baka mas mura na yung bio-diesel relative to actual fuel ..

[BlueBimmer]

balik 1.6 n 1.3 sedans lahat!

[Juan Tamad]

balik 1.6 n 1.3 sedans lahat!

Labo balik 1.6, most of the new economy sedan like Ford Focus and Honda Civic will offer only 1.8L cars.

Parang contradicting yun automobile industry...While the prices of crude oil keep going up... Yun new model cars and SUV keeps getting bigger displacement.

[FrankDrebin]

Sige! Itaas lang ng itaas! :swear:

[Mojo]

hhehehee

naka handa na ang cariton ko na naka lowered, pag tumaas pa ang presyo, yun na lang gamitin ko araw araw.

[rsnald]

the only feasible alternatives right now are...

CNG for fueling buses and maybe... trucks.
Geothermal for power plants.

Nuclear power nga sana pero with our poor track record for safety and waste disposal... malabo.

biodiesel and alcogas are expensive...and we'll be dependent on methanol and ethanol producers.

you can contribute to the effort of saving our precious dollars by energy conservation and power saving practices... and using fuel efficient engines.

[mrpink]

.. and here comes china going to suck up all the oil that it can get .. kaya tumaas yung presyo ng bakal dahil daw sa laki ng demand ng china .. paano pa kaya langis .. of course this is all hearsay .. parang testimony ni mendoza ..

hindi pa ba magbebenta ang hybrid cars dito ?

[boybi]

.. and here comes china going to suck up all the oil that it can get .. kaya tumaas yung presyo ng bakal dahil daw sa laki ng demand ng china .. paano pa kaya langis .. of course this is all hearsay .. parang testimony ni mendoza ..

it's true, pinakyaw ng china most of the steel output ng Russia.

nagkukulang na rin ang oil sa china, a lot of the gas stations are now temporarily closed dahil walang maibentang oil.

[BlueBimmer]

and with the growing automotive industry in china its going to get worse..

[1D4LV]

the only feasible alternatives right now are...

CNG for fueling buses and maybe... trucks.
Geothermal for power plants.

Nuclear power nga sana pero with our poor track record for safety and waste disposal... malabo.

biodiesel and alcogas are expensive...and we'll be dependent on methanol and ethanol producers.

you can contribute to the effort of saving our precious dollars by energy conservation and power saving practices... and using fuel efficient engines.

yup. but what about for cars and private vehicles?
ako, its either i'll buy a 75cc scooter and use it everyday (kaya lang delikado), or commute na lang din.