rollback!!!

[budo]

yung mga oil companies na mabilis mag rollback, they are betting oil price would keep falling.

Umaasa sila na ang mga future order nila magiging mas mura kesa sa stock nila ngayon.

Pero what if mali ang bet nila?

tumaas pala...

So may under recovery tuloy sila.

Di tulad ng mga hindi nagmamadali mag rollback, steady lang presyo nila...

Di sila naiipit sa biglang pag taas.

---

Sorry sir but I don't agree with you. It defies business logic. These are small oil companies and they would be risking a lot if they do made speculations on the risky side. It should be the big 3 oil firms who should be doing this - cause it's supposed to be their corporate social responsibility (kung meron!) and they are in a better position to withstand any wrong decisions they make.

Sa public perception na lang, talo na ang big 3! You don't need to be an economist to be able to make accurate computations about the price adjustments. Yung tindera sa palengke o yung ordinaryong mamimili alam na yan kaya nga marami ang umaangal. These big three firms can show firm computations but the world will not believe them. Simple lang naman yan. they abuse their business freedom and the government can not do anything about this-you cannot even count on business ethics to make them roll back their prices.

If they (big 3) continually complain about their losses, then magsara na sila. the Philippines is better off with these multinationals doing their thing out of here with impunity. Gawin kaya nila sa Western countries yan at tignan lang natin kung hindi sila makasuhan ng antitrust tulad ng sa Microsoft.

[uls]

Here's business logic:

The small players are fighting for market share.

And the only way they can gain market share is by pricing their products lower than the big 3.

Glenn Yu of Seaoil was on a news report on TV Patrol the other day. He said they reduced their pump prices even before their new stock arrived.

That means they have lowered the prices of their present stock and they will recover their losses when the cheaper stock arrives.

The big oil companies do not have to do that. They already have market share.

It defies business logic for big players to reduce the price of their current stock in anticipation of lower price of arriving stock.

and "corporate social responsibility"?

ya right.

[niky]

Haha... if a palengkera could do the maths well enough to run an oil company... she'd probably be doing so already.

What many people forget when comparing US pump prices to the Philippines is that we have E-VAT. They don't. And it's comparing apples to oranges. The US consistently has some of the lowest gasoline prices in the world. The Philippines used to be one of the few places in the worly where gasoline was as cheap, but since E-VAT... nope.

And to say the Big Three have to lower prices first... it don't work that way. Since when has Pepsi or Coca Cola been cheaper than Sarsi or Pop? Market leaaders can charge whatever they want, as long as it doesn't turn off people. But they're not charging that much more than the small guys, who are outrageously under-pricing to gain market share.

You heard of it straight from SeaOil... what about others? Why not ask Unioil, which seems to be perpetually in trouble for unpaid taxes on gasoline and diesel they're selling for much less than anyone else.

Sure, it'd be great if the Big Three lowered their prices more, but at least they're lowering them. The fact that there are a lot of small players nowadays with more flexibility and the abilitiy to undercut them in terms of price is forcing them to do so.

Yup. Oil de-regulation works. ;)

[uls]

Ya tama...

tingnan nyo ang Unioil...

kaya pala kaya nila mga rollback na malaki... di pala nagbabayad ng taxes... na-raid tuloy ang storage facility nila.

---

And why do people keep forgetting that the oil price we monitor everyday is the pricing for future delivery.

The fuel we are buying now was ordered a month or 2 ago.

The cheaper oil being reported in the news will be arriving a month or 2 from now.

--

Hirap siguro mag presyo ng paninda kung araw araw paiba iba ang presyo ng iyong supplier

Tapos magagalit sayo mga customer mo.

hehehe

[jpdm]

Sorry sir but I don't agree with you. It defies business logic. These are small oil companies and they would be risking a lot if they do made speculations on the risky side. It should be the big 3 oil firms who should be doing this - cause it's supposed to be their corporate social responsibility (kung meron!) and they are in a better position to withstand any wrong decisions they make.

Sa public perception na lang, talo na ang big 3! You don't need to be an economist to be able to make accurate computations about the price adjustments. Yung tindera sa palengke o yung ordinaryong mamimili alam na yan kaya nga marami ang umaangal. These big three firms can show firm computations but the world will not believe them. Simple lang naman yan. they abuse their business freedom and the government can not do anything about this-you cannot even count on business ethics to make them roll back their prices.

If they (big 3) continually complain about their losses, then magsara na sila. the Philippines is better off with these multinationals doing their thing out of here with impunity. Gawin kaya nila sa Western countries yan at tignan lang natin kung hindi sila makasuhan ng antitrust tulad ng sa Microsoft.

Definitely agree!

[alainroyce]

Oil rises to $75 as OPEC eyes production cut... so wala na ulit rollback?

http://biz.yahoo.com/ap/081021/oil_prices.html

[True Faith]

...Sa public perception na lang, talo na ang big 3!..

...These big three firms can show firm computations but the world will not believe them...

.... they abuse their business freedom and the government can not do anything about this-you cannot even count on business ethics to make them roll back their prices....

....If they (big 3) continually complain about their losses, then magsara na sila. the Philippines is better off with these multinationals doing their thing out of here with impunity....

.... Gawin kaya nila sa Western countries yan at tignan lang natin kung hindi sila makasuhan ng antitrust tulad ng sa Microsoft....

I agree with these....

The government must must continue monitoring the situation and should consider all options if indeed oil companies are abusing the oil deregulation law...

[True Faith]

Definitely agree!

*jpdm

This thread it seems is similar and a resurrection of your closed threads (re:on the boycott theoil companies or oil deregulation thing)

Without doubt oil indeed is a very sensitive commodity that people will keep talking about....

...and no amount of "harassment" coming from the "cartel" (you know what I mean...that you got and other people who talk negatively about the oil oligopoly or cartel or monopoly whatever they call it)will stop people from asking why these oil companies in the country keep on complaining of losing money and yet just a few months ago announced billion peso profits...

[uls]

old stock -- nabili ng mahal ng oil companies

new stock (arriving palang) -- nabili ng mas mura ng oil companies

--

old stock --nabibili natin ngayon sa gas stations

new stock (arriving palang) -- mabibili natin sa gas stations 1 or 2 months from now

--

Rollback price of old stock coz world oil price bumaba?

Ka-o-order palang ng new stock diba?

di pa nga dumadating ung new stock diba?

baket i-ro-rollback ang presyo ng old stock?

[True Faith]

Oil price WatcH head Mr. Concepcion said more oil rollback must be done...

NEDA secretary Recto said we can expect for more rollbacks

Energy sec. said we will appeal to the oil companies for a roll back

Small companies keep on rolling back their prices...

PGMA said to Shell to roll back their prices....

The transport group, commuting public, the general public and even businessmen are clamoring for a rollback....

Except for a few....

Dont know why