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June 3rd, 2005 07:01 AM #1Is the price increase in public transportation due to increased oil cost, govt regs or greed?
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June 3rd, 2005 08:42 AM #3
i think we can merge oil cost with greed as a sub-effect.
greed -> more money -> try to raise cost that the market would still "tolerate"
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June 3rd, 2005 08:49 AM #4I dunno what occurs back home, but in the US, prices go up and down. It does'nt stay fixed at a higher rate. I am sure, there are a lot of cost added for processing, delivery, etc. but bottom line is that profits are built in to the equation. I seriously think that the philippine gas issues are primarily a local problem and not global. Since oil prices do drop. You know, supply and demand thing. Thats why OPEC has a tight control on production and extraction of crude oil.
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June 3rd, 2005 12:45 PM #6
lage naman tumataas, pag napansin ng public na hinde bumababa kahit sa world market bumababa bago nila ibababa din..
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June 4th, 2005 02:52 AM #7Originally Posted by odell
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June 9th, 2005 09:45 AM #10up by P0.50/liter as of yesterday noon (08 june 2005)
http://news.inq7.net/top/index.php?i...story_id=39622
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