rollback!!!

[uls]

ever tried to import something?

let's say you bought stuff from the States and had it shipped here via balikbayan box. (sea freight)

u plan to sell the stuff here.

takes 4-6 weeks to arrive.

The bbox arrives, and u compute cost, and price your products.

While selling the stuff here, you order more stuff from the States.

Kaya lang nag taas na ng presyo ung supplier...

So what do you do?

You raise the price of your stuff here diba? so u will make enough money to pay for the new order.

---

Then later on, u order again. your 3rd order. This time bumaba na ang presyo ng supplier.

What do you do?

Do you lower the price of the stuff you're selling now?

No. Nabili mo ng mahal e.

Pag dumating ung mas mura, dun mo na ibababa ng presyo diba?

[A121]

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

I guess you are not reading the reasons why they can't roll back their prices. The few here are just stating possible reasons on why can't it be done. Too bad for us, we need that oil to run everything in our lives.

Sino bang ayaw ng kita di ba? Yung C2 nga na nagreretail ng P13 sa direct seller, binibenta ng P20 sa tindahan eh.

But it seems that the market is now correcting itself. Too much greed is bad.

[uls]

alam ko i'm going against popular opinion.

kelangan lang ng balance.

Dami kasi oil company haters e.

Kung gusto ng mga haters magsara ang mga oil companies, sana nga mag sara.

Pag puro OUT OF STOCK signs na ang mga gasolinahan, tingnan natin ano mangyayari sa economy natin.

OUT OF STOCK na din ang mga tindahan at palengke kasi wala na delivery trucks na tumatakbo.

Gutom lahat.

Magpapatayan ang mga tao sa kalye.

[CVT]

O, nagbaba na rin ng presyo ng diesel ang Chevron at Shell today(?)... Approx P45/L na rin katulad ng Petron a day before...... De-regulation?.... Nakikiusap pa ang gobyerno at taong bayan sa kanila....

6808:frenchyf1:

[XTO]

narinig ko sa news kanina, nung nagtaas ang presyo ng crude oil sa int'l. market taas din agad oil retailers natin - na may lumang stocks.... kahit sinong retailers din naman pag tumaas ang puhunan price kalokohang hindi magtaas ng benta kahit luma pa ito, minsan nga hoarding pa e .

pero pagdating sa pagbaba kailangan pang itulak. pasalamat tayo nagkaroon dito ng mga small oil companies kung wala sila lalaruin tayo ng big 3.

in the end nasa atin kung saan natin trip magpa gas. napag uusapan lang to

[True Faith]

I guess you are not reading the reasons why they can't roll back their prices. The few here are just stating possible reasons on why can't it be done. Too bad for us, we need that oil to run everything in our lives.

...wrong guess.

Sino bang ayaw ng kita di ba? Yung C2 nga na nagreretail ng P13 sa direct seller, binibenta ng P20 sa tindahan eh.

But it seems that the market is now correcting itself. [SIZE=3]Too much greed is bad. [/SIZE]

Agree.

[Hanren]

It's not viable to talk about profits or losses anymore. We will never get to know the real story anyway. This debate has already gone beyond that.

We can't blame people for having bad sentiments against the big three. In the first place, sila naman ang nag open ng argument na tuwing tataas ang world oil prices, dapat din sumabay sila para di sila malugi. Now that the the people are following the same argument when world crude prices have dramatically gone done, these oil companies balk and even point out that it is not only the world prices that are dictating local prices but there are "other" factors to consider.

It's an unwritten fact that you can't fight the Big three. They have to band together in order to gain better influence and fighting capability. It's a business strategy. It can be right or wrong depending on the context you view it.

Pero imagine nyo na lang pag iisa lang ang major player dito. Would we experience what we are now experiencing or would that major player do what "it's supposed" to do? (just asking)

Nakakapagod din mag antay ng malaking rollback. But as an oil consumer, I'm glad that there are still people fighting for what they think is right in the context of social, not economic justice.

Just my 2c!

[chua_riwap]

Sa news, narinig ko na noong $67/barrel few years back, P13/L lang ang diesel.....

[uls]

Sabi ni XTO

narinig ko sa news kanina, nung nagtaas ang presyo ng crude oil sa int'l. market taas din agad oil retailers natin - na may lumang stocks.... kahit sinong retailers din naman pag tumaas ang puhunan price kalokohang hindi magtaas ng benta kahit luma pa ito, minsan nga hoarding pa e

exactly.

sabi ni Hanren

It's not viable to talk about profits or losses anymore. We will never get to know the real story anyway. This debate has already gone beyond that.

If it's not about profits or losses, what other reason could there be that the oil companies won't roll back prices?

what other reason is there besides numbers?

[jpdm]

Manila bulletin
October 21, 2008

Big oil firms shoild roll back prices by at least P2 a liter—Noli

De Castro said that if the small firms which are merely trading oil and have no refineries can afford to cut prices by at least P2, with more reason the big oil companies who import in bulk and have oil refineries here can roll back prices.

[SIZE=3]"These businessmen must exercise their [SIZE=4]corporate social responsibility[/SIZE] and not j[SIZE=4]ust think of profit[/SIZE]," he said.[/SIZE]

"Why is it that whenever there is an increase of oil prices in the world market, these oil players immediately increase their pump prices. But when these prices go down in the world market, it takes them so long to rollback?" De Castro asked.

"For transparency, they should allow us to audit their records and books of accounts, so that we will know the basis for the computation of the fair price for gasoline and diesel."

Joint commission to ask experts to determine correct price rollback

The Joint Congressional Power Commission (JCPC) will call for experts to determine if oil firms are enforcing the correct price rollback on petroleum products, Sen. Miriam Santiago, co-chair of the JCPC,


"If the [SIZE=3]oil companies are using the deregulation law as their excuse in imposing unreasonable prices[/SIZE][SIZE=3],[/SIZE] we will also [SIZE=3]use the provisions of the deregulation law which empowers Congress to exercise oversight over these firms[/SIZE]," Nograles said. (Ben R. Rosario)

Bicol operators, drivers ask why local firms have given only small rollbacks

According to Joel Ascutia, chairman of Condor-PISTON-Bikol, "The price of oil in the world market is at its lowest at just $ 66-71 per barrel but up till now the Big Three—Shell, Chevron, and Petron -- as well the small firms have only implemented small price rollbacks. Why are they taking them so long to impose a one-time big- time oil price rollback but they are so fast when it comes to oil price increases?"
(Marvyn Benaning)

Bring it on...