Results 171 to 180 of 180
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October 25th, 2008 10:40 PM #171
err... should we go back into the topic? well, EVAT is somewhat a good move as to what's happening now with half the global economy into a crash course. with oil getting "less" of a demand, no wonder prices won't get down. lol
Damn, son! Where'd you find this?
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October 25th, 2008 11:26 PM #172
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October 26th, 2008 04:27 AM #173yup wag na kayo mag-away. lahat naman tayo mag-benefit sa rollback. sino ba may ayaw nito
if oil company execs are reading this forum, nagkakatuwaan na siguro sila. and wag na sisihin totally ang gobyerno but we have to realize and to agree that there are some in the govt. who are enjoying the high price of fuel here. who knows baka next of kin or dummy corps. din nila may interests sa oil distribution.
in this scenario, the govt. is our only friend. kasi govt. will always be for the people. while corporations will and will always, as sir *uls stressed so many times in this forum, for profit!.
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October 26th, 2008 09:01 AM #175
Thanks true faith.
anyway, worse comes to worse, a partial regulation is correct.
Its up to the next congress as to how they can craft this kind of regulation...
I mean Im thinking of just tweaking the existing deregulation law re: on matters pertaining to the power of the state to check their books and moderate the profit of the oil companies.
Im still comfortable with alot of players. But i hope they should behave as a monopolistic competition than an oligopoly..(admittedly free or pure competition is very hard in a capital-intensive industry. In fact natural monopolies are more common)
Anyway, that is why the state is there as a regulator. The government must do its job to protect the interest of the general public.
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October 26th, 2008 10:47 AM #177Indeed, maybe just a review is needed.
And then, if there is to amend, Congress should do it.
Scrapping the entire law maybe is premature...
I hope to see a new administration in 2010 that will moderate its liberalization and privatization program.
So that things will be done in a rational way.
For the meantime, oil companies should roll back their prices as per government's recommendations !
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October 26th, 2008 10:52 AM #178
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October 26th, 2008 04:16 PM #179
Then, it will boil down to the persuasive power of the Philippine government.....
6909:seehearspeak:
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October 26th, 2008 07:45 PM #180
well, my guess is that we will eventually switch to lpg in 2-3 years unless the oil reserve is put to use
Damn, son! Where'd you find this?
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