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  1. Join Date
    May 2006
    Posts
    4,135
    #21
    Assuming 350k bpd ang daily consumption natin...then this oilfield discovery will not even create a small ripple at the gas pump pricing. Im going to revisit this thread again once they hit more significant oil reservoir deposits.

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  2. Join Date
    May 2010
    Posts
    499
    #22
    Ang alam ko pangit ang quality ng oil na meron tayo dito sa pinas.. Hindi sya suitable to be refined just like yung iniimport natin from kuwait... Plus the reserve is very scarce not worth to be explored...




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Oil Discovered in Cebu