Oil Price Watch

[jodski]

Hindi naman masyado... Yung tipo lang daw na 50 pesos full tank ka na :rofl:

[chua_riwap]

Noong araw madalas sabihin sa palengke, "Tumaas ho presyo ng gas at diesel, kaya mataas din presyo namin."

Ayan....sandamakmak na ibinaba ng presyo ng petrolyo. Hindi pa rin nababa presyo ng prime commodities?

[_Cathy_]

I wonder how low gas prices will go...

[CVT]

Hmmm... looking it up... they're trying to cope with local oversupply.

Imagine... just over a year ago, they were suffering from local supply problems due to internal transport and refining issues, and now they're literally swimming in oil.

Some of the guys on US forums are chattering about actually seeing $1 per gallon gasoline... Think about it... that's something like P12 pesos per liter!

-

If it eases local US glut, it takes some pressure off the mother-frackers and puts it back on OPEC. The question is still who has deeper pockets... the American drillers or the Sheiks?

Keep our engines purring,-

Frack Those Feisty Sheiks!!!


“The measure of a man is what he does with power – LJIOHF!”
Duterte for President of the Philippines in 2016!
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[lowslowbenz]

One funny thing I noticed with the Shell building here in my part of the CBD.

Way back when fuel prices are sky high, the front doors are closed, and even the roll up/down shutters are locked (whole day, whole week, whole month, etc.). I surmised that they're taking precautions against "flash mob" rallies by leftist transport groups.

Now that fuel prices are cheap ........ kahit alas 630 na ng hapon, bukas parin front door nila!

[jut703]

One funny thing I noticed with the Shell building here in my part of the CBD.

Way back when fuel prices are sky high, the front doors are closed, and even the roll up/down shutters are locked (whole day, whole week, whole month, etc.). I surmised that they're taking precautions against "flash mob" rallies by leftist transport groups.

Now that fuel prices are cheap ........ kahit alas 630 na ng hapon, bukas parin front door nila!

Bukas ang front lobby ng Shell House araw araw, until 7pm. The only times I've had to go through the back door was during Piston rallies, which only happened twice in 2014 IIRC. May mga humiga pa nga sa Valero st. mismo. The only other times that the front door is closed is when there's a first Friday mass, or if merong product launch/event in the lobby.

The barricades in front though are ready 24/7. Pinasabog na rin kasi yung building before, 4th floor staircase yung nasira, so laging nakaready lang in case of a rally.


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[_Cathy_]

Some of the guys on US forums are chattering about actually seeing $1 per gallon gasoline... Think about it... that's something like P12 pesos per liter!

That's 90s gas price! Those were the days. I could go home when I had a 2 hr break in between classes.

[BratPAQ]

Medyo natatakot ako sa laki ng ibinaba ng presyo. Masasanay ang tao ng ganito kababa ang presyo, pag bumalik sa dating mataas ang presyo siguradong maraming rally ulit na mangyayari.

May estimate ba kung gano katagal ito? Will this price steady to a low price? Temporary lang ba to?

[cast_no_shadow]

Medyo natatakot ako sa laki ng ibinaba ng presyo. Masasanay ang tao ng ganito kababa ang presyo, pag bumalik sa dating mataas ang presyo siguradong maraming rally ulit na mangyayari.

May estimate ba kung gano katagal ito? Will this price steady to a low price? Temporary lang ba to?

Same na grupo lang naman yang mga nagrarally na yan. Konting kibot ng gobyerno rally!

I assume majority of us here never joined any movement like that.

Masasanay na ganyan? I doubt, mas sanay ata tayo sa pabago bagong presyo.


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[ninjababez]

sakin OK na ako sa current price ng gas. not too high, not too low. malamig ulo ng cab drivers and other PU drivers, nga lang balasubas parin magmaneho hehehe

[boybi]

Now, when will our electricity prices go down?

[crazy_boy]

Now, when will our electricity prices go down?

yung mga power plants ba natin uses fuel? hindi ko lang sure if fuel ba gamit.

kayo kami nagpakabit nalang ng solar para wala ng effect yung pag taas ng electricity prices.

[Red Advent 04]

1999 ng una ako mag karon ng sasakyan ang pinaka mahal na presyo ng gasolina nuon e P21 hanggang sa nag sunud sunud na ang pag taas niya..sana patuloy na bumaba ang halaga ng gasolina kazo ang tanung e hanggang kelan ere baba tas pag tumaas naman ang bilis din..

[Monseratto]

Really?

The biggest winner would be the Philippines, whose economic growth would accelerate to 7.6 percent on average over the next two years if oil fell to $40, while Russia would contract 2.5 percent over the same period, according to an Oxford Economics Ltd.’s December analysis of 45 national economies.

How $50 Oil Changes Almost Everything - Bloomberg

[boybi]

Really?





How $50 Oil Changes Almost Everything - Bloomberg

Did they take into account the decrease in OFW remittances because of layoffs from those countries heavily affected by the declining price of oil?

[Ry_Tower]

^ Hindi imho. So dapat mas mababa sa 7.6%

[JepoyZZ]

Guess What Happened The Last Time The Price Of Oil Crashed Like This? | Global Research

[macsd]

Medyo natatakot ako sa laki ng ibinaba ng presyo. Masasanay ang tao ng ganito kababa ang presyo, pag bumalik sa dating mataas ang presyo siguradong maraming rally ulit na mangyayari.

The rallyist is not a problem aside from traffic. The biggest problem when oil prices goes back to higher levels, it will be use again as an excuseby all prime commodity manufacturers , dealers etc.. to increase their prices to which the goverment is inutile to stop.

[baludoy]

The world's biggest winners and losers from cheap oil, in one chart

For most, but certainly not all, countries around the world, cheap oil is a good thing. The Philippines should take a victory lap. Norway may need to run for cover.

read more: The world's biggest winners and losers from cheap oil, in one chart - Fortune

[french]

The world's biggest winners and losers from cheap oil, in one chart

For most, but certainly not all, countries around the world, cheap oil is a good thing. The Philippines should take a victory lap. Norway may need to run for cover.

Norway need not run for cover.

Population: 5 Million
Sovereign Wealth Fund: $890,000,000,000.00