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  1. Join Date
    Nov 2005
    Posts
    45,927
    #11
    ouch, di pa pala obvious ang docs na prenisent ng NEDA hahahaha...talaga naman..
    OBVIOUS --- meaning people always blame oil companies for rising fuel prices coz that's what they see and understand

    yan ang obvious sa kanila

    the companies that retail the fuel to consumers

    people conclude they must be the ones responsible for rising fuel prices

    people blame the obvious

    that's what i meant by "OBVIOUS"

    amazing i have to explain this stuff

    --

    that NEDA report?

    read carefully

    that report studied fuel prices in march, april

    oil price went up really fast in May

    the report is outdated
    Last edited by uls; June 22nd, 2009 at 03:17 PM.

  2. Join Date
    Nov 2005
    Posts
    45,927
    #12
    Quote Originally Posted by tidus1203 View Post
    Ah yes when times get tough people cling to socialism and big government. Self reliance gets thrown out the window not remembering that its self reliance that creates prosperity.
    what do the masses want the govt to do? impose price controls?!

    and if the govt imposes price controls, hello zimbabwe

    --

    most people don't look at the big picture

    oil is just one part of the energy complex

    the energy complex is just one part of the commodities complex

    and the commodities complex is just one of many asset classes where billions and trillions of dollars flow in and out of

    all of a sudden, oil companies don't seem so big now huh?

  3. Join Date
    Mar 2009
    Posts
    994
    #13
    Wala naman talaga tayong magagawa e. Bulag talaga ang gov't sa mga Oil Companies na yan kasi napakalaking revenue sa taxes ng mga ito ang nakukuha nila. Anyway, kaya ganyan magtaas ng prices ang mga lintek na yan ay dahil sumusikat na ang mga hybrid cars. Although they have been around for many years, it's only recently that they are getting their share of the spotlight. Sa madaling sabi, malapit ng matapos ang maliligayang araw ng mga Oil Companies na yan.

    BTW, Toyota already unveiled Prius here. And it costs Php2,200!!! In Japan, it costs $20,500. Why? Kasi half nung 2.2M ay gov't taxes. These sharks are imposing big taxes on it because they want to discourage people from switching to hybrids. Ganyan din ang ginagawa ng US gov't, mataas ang taxes nila sa hybrids kaya sila ang pinakamalakas na consumer ng langis. Again, why? Kasi nga malaki ang kita nila sa oil taxes!

    Tumataas tuloy ang hgh blood ko at nanginginig ang nerbyos system ko.

  4. Join Date
    Jun 2006
    Posts
    6,105
    #14
    Let's try to look at a more simple view.

    oil companies buy oil from producers - transport it to the stores - sell it.

    It's none of the people's concern whatever complexities these companies face. We're only concerned with the products we use. Sure it's a global commodity but the bottom line is, they buy this at a price and sell it at a profit which is the whole point of business but it is highly illegal to enrich oneself at the expense of one's fellowmen - in this case by overpricing.

    Even if the study was done in March, it's easy to backtrack the price increases. The point is, as early as the first quarter of the year, it was mathematically proven that their products are well overpriced.

    These companies should be highly monitored and controlled to protect the interests of the consumers. If they can't live with that, they can get out of the country. There are many who will replace them even from the locals.

  5. Join Date
    Apr 2005
    Posts
    2,610
    #15
    What can the government do? Take away the 12% VAT.

  6. Join Date
    May 2004
    Posts
    903
    #16
    Napansin ko lang when they are imposing fuel price parang ang DOE pa ang nag jujustify... Parang sa balita kasi sabihin "Gasolina tataas........." Sabay may interview sa mga taga DOE saying na tama lang ang price or justifiable naman. Something seems not right... Well what can we do. We live in a corrupt country.

  7. Join Date
    Nov 2005
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    45,927
    #17
    Let's try to look at a more simple view.

    oil companies buy oil from producers - transport it to the stores - sell it.
    ya it's simple when you totally leave out pricing

    when the price of your raw material fluctuates every minute of everyday, it gets complicated

    you buy from suppliers who change their prices by the minute, while you have to keep the price of your products steady for a whole week

    you hold your breath and hope the price of the raw material won't go so high that your current earnings may not cover the cost of paying for your next order

    to cover rising cost of future orders, you raise your prices now so you would have a safety margin

    then you get accused of profiteering

    you're just trying to run a business

    amazing

  8. Join Date
    Nov 2005
    Posts
    45,927
    #18
    Quote Originally Posted by H1Tman View Post
    What can the government do? Take away the 12% VAT.
    ya the govt can do that

    without VAT, the govt will collect less taxes

    foreign creditors will then charge the Phils. higher interest rates on loans coz they will doubt the Phil. govt could collect enough taxes to meet its obligations

    VAT cannot be removed

    the debtor is slave to the lender

  9. Join Date
    Sep 2008
    Posts
    1,219
    #19
    Quote Originally Posted by H1Tman View Post
    What can the government do? Take away the 12% VAT.
    ito malabo pa sa tubig sa ilog pasig kung tatangalin ni gloria ito..ito ang cash cow nila ng mga alipores nya e

  10. Join Date
    Sep 2004
    Posts
    2,976
    #20
    Geez, nandito na naman yung defenders ng mga oil companies...heck, sarado na rin naman ang utak nung mga yan eh. Kahit sino pa mag-explain sa kanila. (Pero yung isa should brush up on his grammar, major nosebleed!) I'd fire the analyst who would dare present me such a report using atrocious sentence construction.

    This is going to be a long thread, so hold on to your seats...Batman and Robin are in town!!!

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Sinasabi ko na nga ba e (Big 3 Oil Companies)