inquiry: will gas prices go up or down tom?

**mreyes** · August 9th, 2010 03:10 PM

hello,

i want to start this thread kasi laging nagtatas o nagbababa ang mga gas prices evry mon-tues. kadalasan tumataas, minsan lang bumababa.

any info would be greatly appreciated and i hope we could contribute something here every week para we could fill up our gas tank accordingly.

HTH!

**ghosthunter** · August 9th, 2010 03:13 PM

Originally Posted by mreyes

hello,

i want to start this thread kasi laging nagtatas o nagbababa ang mga gas prices evry mon-tues. kadalasan tumataas, minsan lang bumababa.

any info would be greatly appreciated and i hope we could contribute something here every week para we could fill up our gas tank accordingly.

HTH!

In the whole scheme, it will always move up.

**0Glitch** · August 9th, 2010 03:21 PM

^^ it's a 'two-step-forward-one-step-backward' style. 1 peso increase, 50 cents decrease.

and sabi nga ni sir ghosthunter... it will always move up.

What I do is to listen to the news starting at 5pm, and monitor the increase or decrease.

**gaspanic** · August 9th, 2010 03:27 PM

$80 na ang oil sa world market. Yung current price ng gas ngayon ay based pa sa $76. Kaya humanda na tayo sa mga dadating na araw. Piso itataas nito. Full tank na ako mamaya

**ghosthunter** · August 9th, 2010 03:34 PM

**CVT** · August 9th, 2010 06:28 PM

Monitor the price of oil in the world market....

10.5K:band:

**nickriingen** · August 10th, 2010 10:52 AM

For sure, prices always go up. World oil prices are dictated by the major oil companies, not OPEC. They are the living MAFIA in the real world.

**doo** · August 10th, 2010 12:12 PM

^ oil cartel exist in our country. prices always go ^^^^^.

**boybi** · August 10th, 2010 12:26 PM

Oil prices are dictated by the world market. Not any one person or company.

**uls** · August 10th, 2010 12:37 PM

For sure, prices always go up. World oil prices are dictated by the major oil companies, not OPEC. They are the living MAFIA in the real world.

^ oil cartel exist in our country. prices always go ^^^^^.

DUH

the price of oil is not dictated by oil companies or OPEC

the price of oil is determined by the market

oil is traded on international commodities exchanges

players in the exchanges buy and sell contracts

the prices are determined by all sorts of factors -- from dollar strength/weakness to geopolitics

the prices are beyond the control of any "oil cartel"