Protest against Petroleum Companies

[True Faith]

so does it mean na hindi ito applied sa pag rollback?

It seems selective, and it does not apply to roll backs...

[[archie]]

Honestly, I find ULS explanation a mystery.....

its not a mystery para sakin... kaya lang nagiging mystery siguro kasi he expounds on the REAL variables.

so does it mean na hindi ito applied sa pag rollback?

of course applied yan, the real effect would been seen after 2-3 months. if the current prices stabilize at the current $65... continuous rollback until wala na deficit. kaso masyado volatile market ngayon mahirap rollback ng malaki when OPEC plans to decrease supply, speculators are rising the prices, etc.

parang ganto lang yan... example, (all variables neglected) last month, binili nila yung current oil nila at $147 per barrel, tapos na biglang baba yung prices of crude oil na nabili nila for the next delivery to a low of $65... bababa ng bababa yung prices as the expensive oil depletes... hindi pwede isang bagsakan kasi every time na bibili sila ng oil magiging volatile din prices... kung nagpeak at $147 per barrel then apply natin biglang bagsak o taas eeeeehhhh baka sabihin niyo sobra naman sila. malalmang nasa 70/liter pa rin tayo hangang maubos yung expensive oil.

[Eismann]

:pope: bless these oil companies if they will heed the public protests.
The protest should result to something like a big rollback, right?

[scharnhorst]

I might get flamed for these statements, but here goes.

The oil industry is far, far from an ideal market economy which follows the laws of supply and demand, due to the presence of oligopolies and monopolies who can dictate prices at their whims and greed.

The thing is, we, the workforce/consumers, have little say in the price of commodities, even if we are the reason that keeps the market rolling. Especially in the Philippines! Protesting here - which should be a basic right of citizens - is frowned upon, and ruthlessly put down by the state, which is nothing more than a lapdog to people with power, money, and influence.

This is the same state that is convinced that siomai and siopao production at a certain chinese restaurant is an industry INDISPENSIBLE to the state, that it is a matter of NATIONAL ECONOMIC SECURITY... by issuing an assumption for jurisdiction for this certain restaurant's owner, against its protesting multi-decade-serving, and underpaid workers.

Hay. Welcome to the Philippines.

If these transport groups really want to put pressure on the state - maybe enough for it to intervene - they should ALL go on strike, for MULTIPLE days, and not just one or two transport groups, going on strike for half day.

Everybody is going to suffer. Even the private car owners might want to add toppings to the cake by not going out on those couple of days. Para sigurong puro laban ni manny pacquiao sa mga araw na yon - walang kakotse kotse sa mga kalsada.

The problem with this kind of action is that, most likely the state will just respond with lethal force, and that the drivers/workers don't have the will to carry on such a plan - their main concern is food on the table, not knowing that some sacrifice is truly needed for measurable gains.

Right now, we simply have to face a fact that we live in a corrupt, base, and generally hopeless society.

[[archie]]

:pope: bless these oil companies if they will heed the public protests.
The protest should result to something like a big rollback, right?

no question that companies WILL rollback.. the only question now is the rollback everyone is wanting, realistic????

[[archie]]

I might get flamed for these statements, but here goes.

The oil industry is far, far from an ideal market economy which follows the laws of supply and demand, due to the presence of oligopolies and monopolies who can dictate prices at their whims and greed.

The thing is, we, the workforce/consumers, have little say in the price of commodities, even if we are the reason that keeps the market rolling. Especially in the Philippines! Protesting here - which should be a basic right of citizens - is frowned upon, and ruthlessly put down by the state, which is nothing more than a lapdog to people with power, money, and influence.

This is the same state that is convinced that siomai and siopao production at a certain chinese restaurant is an industry INDISPENSIBLE to the state, that it is a matter of NATIONAL ECONOMIC SECURITY... by issuing an assumption for jurisdiction for this certain restaurant's owner, against its protesting multi-decade-serving, and underpaid workers.

Hay. Welcome to the Philippines.

If these transport groups really want to put pressure on the state - maybe enough for it to intervene - they should ALL go on strike, for MULTIPLE days, and not just one or two transport groups, going on strike for half day.

Everybody is going to suffer. Even the private car owners might want to add toppings to the cake by not going out on those couple of days. Para sigurong puro laban ni manny pacquiao sa mga araw na yon - walang kakotse kotse sa mga kalsada.

The problem with this kind of action is that, most likely the state will just respond with lethal force, and that the drivers/workers don't have the will to carry on such a plan - their main concern is food on the table, not knowing that some sacrifice is truly needed for measurable gains.

Right now, we simply have to face a fact that we live in a corrupt, base, and generally hopeless society.

if the strike and private owners did stop for some days... then the country will loose millions or maybe billions of pesos and investors would be thrown off. hence, the country will be in deeper s*it. thats the problem of pinoys, we do not consider holistic concept, rather see it as a single economic function, their families... never mind if the Philippines will go down into flames because of my actions, as long as i can feed my family. stick it to the man!

[uls]

ulit:

May produkto ka binebenta... ang puhunan mo P100

Bago maubos ang paninda mo, nag order ka uli sa supplier

pero nagtaas na ng presyo ang supplier mo... P120 na.

so ano gagawin mo?

hindi mo ba tataasan ang presyo ng lumang paninda mo?

Para maka bawi dun sa magiging mas mataas na puhunan?

---

rollback:

so right now, ang produkto na binebenta mo ay ung P120 ang puhunan

nag order ka uli sa supplier...

bumaba ang presyo... P90 nalang

pero ang binebenta mo ngaun P120 ang puhunan...

irorollback mo ba agad?

hinde.

uubusin mo muna...

then pag dating ng produkto na P90 ang puhunan, dun ka na mag rollback.

---

ewan ko lang kung kulang pa sa linaw yan.

pero i'll be expecting sasabihin nila walang kwenta ang na-post ko.

[scharnhorst]

What uls is saying is quite logical, actually... pero mukha kasing hindi yan ang nangyayari sa pilipinas.

anyway, everybody has their opinions, sana wag nalang tayong magkapikunan

[uls]

explanation ko lang po yan sa tanong na:

Baket pag nagtaas ang presyo sa world market, nagtataas agad ng pump prices,

Pagbaba naman ng presyo sa world market, di naman binababa agad ang pump prices.

[mazdamazda]

imho admittedly, the cost of fuel per liter is not commensurate with the price of oil in the world market.

admittedly too, that the industry is deregulated. no one can dicate them to lower down their prices.

what i think the best thing to be done is for the independent and small players to have them lowered based on the price of crude in the world market, and the motorists should just go there. that is the price and advantage of free market. kaya lang, based on what i've been currently seeing, hindi din ganung ka willing ang small players to push through with the big rollback. i guess its just business.

This is what a lot of people do not understand.

With a little bit of knowledge they try to stretch the truth to justify their so-called protests.

These so-called transport groups should be doing the following concrete actions instead of their all-talk-no-action charade:

Organize the deployment of public jeepneys and buses so that every trip is maximized. Give every driver a rotating schedule on when to ply his route... instead of leaving dozens of drivers the said choice of when they should ply the route.

That will mean less trip and expense per PUV but it will still give them the same amount of income.

===

Minimize the amount of waiting time of PUVs, they protest that diesel price is high but they are wasting a lot of fuel just idling and waiting for passengers.