New and Used Car Talk Reviews Hot Cars Comparison Automotive Community

The Largest Car Forum in the Philippines

Page 1 of 2 12 LastLast
Results 1 to 10 of 12
  1. Join Date
    Feb 2005
    Posts
    236
    #1
    Is the price increase in public transportation due to increased oil cost, govt regs or greed?

  2. Join Date
    May 2004
    Posts
    1,058
    #2
    Quote Originally Posted by speedy
    Is the price increase in public transportation due to increased oil cost, govt regs or greed?
    all of the above?

  3. Join Date
    Jan 2005
    Posts
    4,866
    #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"

  4. Join Date
    Feb 2005
    Posts
    236
    #4
    I 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.

  5. Join Date
    Aug 2003
    Posts
    3,273
    #5
    up and down din naman ang oil prices dito. more up nga lang than down.

  6. Join Date
    Nov 2002
    Posts
    6,753
    #6
    lage naman tumataas, pag napansin ng public na hinde bumababa kahit sa world market bumababa bago nila ibababa din..

  7. Join Date
    Feb 2005
    Posts
    236
    #7
    Quote Originally Posted by odell
    lage naman tumataas, pag napansin ng public na hinde bumababa kahit sa world market bumababa bago nila ibababa din..
    So bumababa din ang presyo nang gasolina sa pinas?

  8. Join Date
    Jan 2003
    Posts
    41
    #8
    Dahil yan kay Bush. :-D

  9. Join Date
    Jan 2003
    Posts
    1,528
    #9
    as of today bumaba uli by 2 centavos. Php29.07/liter (basic unleaded)

  10. Join Date
    Oct 2004
    Posts
    139
    #10
    up by P0.50/liter as of yesterday noon (08 june 2005)

    http://news.inq7.net/top/index.php?i...story_id=39622

Page 1 of 2 12 LastLast
Price hike