Nagpa full tank na ako. Since ang laki ng itataas ng diesel.
OT: Euro 5 na sila
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Nagpa full tank na ako. Since ang laki ng itataas ng diesel.
OT: Euro 5 na sila
Sent from my SM-J730G using Tapatalk
Oil falls to below $56 on signs of higher output | Reuters
Middle Eastern oil producers are concerned the price rise will only stir U.S. shale producers into more drilling and push prices lower again. Key OPEC producers consider a price above $60 as encouraging too much shale output.
Technical charts suggest the rally may be running out of steam. Jakob of Petromatrix said Brent’s weekly chart had formed a “shooting star,” a pattern seen as indicating a market has reached a top.
Shale to the rescue of Filipino wallets 😁
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this website looks and smells like garbage 🤣
Traders Are Betting On $1 Oil In 2 18 | OilPrice.com
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so US shale oil can PERMANENTLY satisfy global demand and keep oil prices low FOREVER?
what if it's only a myth
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They're ok with 50 dollar oil coz they increased efficiency and cut cost
Then what?
They can't increase efficiency and cut cost any further
Now tumataas cost nila
Oil services companies are charging more
Labor cost is rising
Shareholders are demanding profits (breakeven is not acceptable)
^may credit card rebate + smac points pa sa shell
Ok lang mag unioil if they are cheaper than big3 in the area, then you have snr membership
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Phoenix Petroleum has the lowest prices in our immediate area, even lower than the nearest Unioil station with S&R discount. Have been gassing up there almost exclusively for the past year.
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