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  1. falken's Avatar
    falken
    falken is offline Cheap Mechanic
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    June 13th, 2014 10:00 AM #2121
    Time to gas up.

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  2. Yuki13
    Yuki13 is offline Tsikoteer
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    June 13th, 2014 12:52 PM #2122
    magkano kaya expected increase?
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  3. Monseratto's Avatar
    Monseratto
    Monseratto is offline Social Dementia
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    June 17th, 2014 11:15 AM #2123
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  4. jut703's Avatar
    jut703
    jut703 is offline Dalek
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    June 17th, 2014 02:57 PM #2124
    Pakarga na kayo this week. Tataas ulit next week for sure


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  5. Ry_Tower's Avatar
    Ry_Tower
    Ry_Tower is offline Moderator
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    June 17th, 2014 06:01 PM #2125
    .30 Taas nang diesel afaik.
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  6. CVT's Avatar
    CVT
    CVT is offline Hoosier'ed Hotspur
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    June 18th, 2014 08:50 PM #2126
    Pahabaan na naman ng pisi at pasensiya ito.....
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  7. vvti2.0
    vvti2.0 is offline Tsikoteer
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    June 18th, 2014 09:01 PM #2127
    Antay pa tayo ng kaunti at ipon ng pambili ng second hand na mga gasoline fueled cars...
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  8. badkuk
    badkuk is offline Tsikoteer
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    June 19th, 2014 10:38 AM #2128
    Somebody really should invent a car that runs on farts
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  9. jut703's Avatar
    jut703
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    June 19th, 2014 11:57 PM #2129
    At least piso ang itataas next week, both gas and diesel.

    Better fill up ⛽️


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  10. uls's Avatar
    uls
    uls is offline Tsikot Member Rank 4
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    June 20th, 2014 12:13 AM #2130
    brent flirting with $115
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  11. Stigg ma
    Stigg ma is offline Tsikoteer
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    June 20th, 2014 08:35 AM #2131
    before weekend daw

    Another round of fuel price hike expected before weekend | Economy | GMA News Online
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  12. Ry_Tower's Avatar
    Ry_Tower
    Ry_Tower is offline Moderator
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    June 20th, 2014 09:18 AM #2132
    Quote Originally Posted by uls View Post
    brent flirting with $115
    Inabot na talaga. Sana hindi na tumaas pa.
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  13. falken's Avatar
    falken
    falken is offline Cheap Mechanic
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    June 20th, 2014 10:30 AM #2133
    Quote Originally Posted by Ry_Tower View Post
    Inabot na talaga. Sana hindi na tumaas pa.
    With ISIS threatening to overrun Iraq, malamang tataas pa iyan.

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  14. uls's Avatar
    uls
    uls is offline Tsikot Member Rank 4
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    June 20th, 2014 02:45 PM #2134
    i think dollar weakness is also a factor

    the Fed will allow inflation to rise

    gold and silver are rallying

    stocks are rallying

    stocks and commodities are inflation hedges

    we're seeing inflation hedging
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  15. jut703's Avatar
    jut703
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    June 20th, 2014 06:39 PM #2135
    Quote Originally Posted by Stigg ma View Post
    before weekend daw

    Another round of fuel price hike expected before weekend | Economy | GMA News Online
    Nakakainis talaga media, causing unnecessary panic.

    All price increases for the past year have always been on a Tuesday.

    Price drop naman, anytime from Sunday-Tuesday.

    Haven't heard of a price increase on a Friday.


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  16. uls's Avatar
    uls
    uls is offline Tsikot Member Rank 4
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    June 25th, 2014 02:04 PM #2136
    from page 200

    Quote Originally Posted by uls View Post

    so one may ask why doesnt the US export that excess crude oil?

    it can't

    coz the US Congress in the 1970s made it illegal to export domestically produced crude oil

    so there
    U.S. Ruling Loosens Four-Decade Ban On Oil Exports - WSJ
    The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban on selling U.S. oil abroad.

    In separate rulings that haven't been announced, the Commerce Department gave Pioneer Natural Resources Co. and Enterprise Products Partners LP permission to ship a type of ultralight oil known as condensate to foreign buyers. The buyers could turn the oil into gasoline, jet fuel and diesel.
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  17. macsd's Avatar
    macsd
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    June 27th, 2014 10:26 AM #2137
    Quote Originally Posted by falken View Post
    With ISIS threatening to overrun Iraq, malamang tataas pa iyan.

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    The cartel is using this excuse but for heavens sake, was it not there was decades of oil embargo on Iraq during Saddam's time yet the price is not even at this level. So what the fack is Iraq eh pwede naman walang Iraq oil sa market. Itong OPEC ang dahilan as they manipulate the market and they can come-up with any reason just to increase prices.
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  18. jut703's Avatar
    jut703
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    June 27th, 2014 10:56 AM #2138
    Quote Originally Posted by macsd View Post
    The cartel is using this excuse but for heavens sake, was it not there was decades of oil embargo on Iraq during Saddam's time yet the price is not even at this level. So what the fack is Iraq eh pwede naman walang Iraq oil sa market. Itong OPEC ang dahilan as they manipulate the market and they can come-up with any reason just to increase prices.
    Perceived potential supply problems = buyers willing to buy at higher prices to hoard available supply = increased demand = higher prices

    It doesn't matter if the problem just persists in Iraq, obviously if I'm a seller from Saudi, and I find out oil from Iraq is selling 20% higher, I'd try to sell higher too.

    Imagine if you're a Spam lover and heard news that Spam will no longer be produced in a few months. Won't you buy lots more Spam today, even if they increased the prices? You'd stockpile Spam to ensure you have enough stock for yourself. Then you'd buy even more so you can sell them at an even higher profit when current supply runs dry and you're the only seller. All these based on just news, not yet actual events. The market is driven by perception.

    Now replace Spam with sweet crude.


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  19. tidus1203's Avatar
    tidus1203
    tidus1203 is offline Wheelin and Dealin'
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    June 29th, 2014 10:01 PM #2139
    Industry sources on Sunday warned the public of a possible oil price increase this week as tension in Iraq continues.

    Quoting industry sources, GMA News "24 Oras" reported that gasoline and diesel prices this week would hike by at least P0.60 per liter and P0.25 per liter, respectively.
    Pump prices expected to go up again this week | Economy | GMA News Online

    More pending price increase...
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  20. dr. d
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    June 29th, 2014 10:07 PM #2140
    it's called panic buying..
    the haves are panicking and buying everything in site, at spot market prices, driving prices up..
    the havenots are forced to buy also, and at the same inflated prices..

    it's an old rule in the economics book.. supply and demand.

    the solution is not to buy at inflated price. but no country in the world will gamble their economy on that.
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