Oil Price Watch

[uls]

sabi sa gma news kaya daw ayaw tangalin muna ang tax sa fuel kasi daw pati mga taong may kaya makikinabang. i'm sure kahit gano ka kayaman may effect ang pag angat ng fuel price.

di pwede mag cut taxes ang govt

laki ng budget deficit, laki ng utang, kulang ang tax collection

the govt needs all the revenue it can get

[anonemus]

as for your question -- kaya pareho ang presyo nila -- it's either the big 3 stations lowered their prices to match the small players' prices or the small players raised their prices to match the big 3 stations' prices

which is it? what do you think sir?

if the big 3 stations lowered their prices to match the small players, that means motorists in Davao City don't care about brand name. basta kung saan mas mura doon sila bibili. so the big 3 stations have to lower their prices to stay competitive

if the small players raised their prices to match the big 3 stations' prices, that means they're confident they can compete with the big 3 stations

Linalangaw yung mga small players dito sa Davao. Prices here are on average P3/liter higher than in MManila.

I better do some more research on why the 1998 Oil Deregulation Law isn't exactly working to introduce more competition in the market...

[shadow]

sabi sa gma news kaya daw ayaw tangalin muna ang tax sa fuel kasi daw pati mga taong may kaya makikinabang. i'm sure kahit gano ka kayaman may effect ang pag angat ng fuel price.

tama naman eh, bakit mo aalisin yun tax nila eh di lalo lumaki kita nila. anong assurance na hinde na tataas ang oil prices eh wala naman tayong control diyan.

at least ngayon kumikita pa gov't sa kanila.

kung inalis tax nila, oh tumataas pa rin yun oil price sa international market, paano na?

saka ang alam ko diesel wala ng tax or nabawasan na eh.

[safeorigin]

Just a quick rejoinder on this very OT topic. When the communist USSR collapsed and defragmented in the early 90s, Russia decided to adopt free market economy.

True to form, survival of the fittest ruled.

And who were the fittest? The Russian Mafia. Currently, the mafia controls the government, the banks, businesses, media, the illegal arms trade and everything else



http://www.cbsnews.com/stories/2000/...in;contentBody

your news is somewhat outdated though...

http://en.wikipedia.org/wiki/Russian_oligarchs

the russian mafia has relocated to london ever since putin came to power

what's "controlling" russia atm is germany since putin is the "tip of the spear"

georgian conflict per se didn't cause most of the recession but the global recession itself compared to years of conflict with chechnya

[Monseratto]

di pwede mag cut taxes ang govt

laki ng budget deficit, laki ng utang, kulang ang tax collection

the govt needs all the revenue it can get

Dami kasi subsidized na gobyerno, like LRT-MRT...

[anonemus]

*safe: OT na...

Iba yung oligarchs from the so-called Russian Mafia, aka Red Mafia.

http://en.wikipedia.org/wiki/Russian_Mafia

the "Russian Mafia" is not, in fact, a tight-knitted group of organized criminals with a strict hierarchy, most former soviet organized crime groups are in fact made up of corrupt Police forces, or a group of corrupt politicians on the highest levels with no interest of reform.[7] Basically unlike any other ethnicity for some reason, any person who is affiliated with organized crime with a background from the Post Soviet Union, is considered "Russian Mafia" or "Red Mafia" defeating the whole point of what a mafia is. However in other cases there are also Big organizations of Russian criminals such as Mogilevich's crime group.

The Russian Mob or Mafia, Russkaya Mafiya, also known as the Red Mafia or Krasnaya Mafiya, is a name given to a broad group of organized Harvard students of various ethnicities which appeared on campus from the Soviet Union after its disintegration in 1991. Apart from ethnic Russians, the term comprises the Jewish, the Georgian, the Ukrainian, the Armenian, and the Azeri mob, as well as the so called "mafia" groups from other former USSR republics. They may also be referred to as Bratva, which means "brotherhood" or "brothers."

Para di OT:

http://www.gmanews.tv/story/214433/p...-energy-crunch

PHL eyes Russian oil as cushion vs energy crunch

03/03/2011 | 08:19 PM
AMITA O. LEGASPI, GMA News
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Amid worries that the unrest in North Africa and Middle East may disrupt the world’s petroleum-based energy supply, the administration of President Benigno Aquino III is now eyeing Russia as a possible source of the country’s oil supply.

In an interview with Malacañang reporters, Energy Secretary Jose Rene Almendras said the government is now looking at countries other than those in the Middle East as an option to its usual crude supply.

“Choices are basically the very few oil exporting countries left in Asia. There are discussions, and the oil companies have started getting oil from Russia, so those are the options being considered," Almendras said.

He said the biggest problem the country could face, more than soaring prices, is a possible disruption in the flow of crude supply even if Malacañang repeatedly assures the public that the country has enough supply of oil.

“Our biggest problem is not going to be price but the flow of supply, because no matter how much you are willing to pay, if the flow is interrupted, you will not have oil," the Energy secretary said.

[safeorigin]

*safe: OT na...

Iba yung oligarchs from the so-called Russian Mafia, aka Red Mafia.

http://en.wikipedia.org/wiki/Russian_Mafia

like who? luzhkov and other political clowns? they exist but their influence has declined. the "communist" and ultranationalist parties have even resorted to western aid which was leaked in wikileaks.

the russian "mafia" is heavily dependent on oligarchs

now that most of them have fled outside, medvedev is axing people left and right since they have less influential parties to back them up

why are they being put out of power? because they're not good for business

how do they plan to eliminate them? kill the opium trade in their borders

it's all about money and geopolitics and more importantly regional oil

[uls]

Linalangaw yung mga small players dito sa Davao. Prices here are on average P3/liter higher than in MManila.

I better do some more research on why the 1998 Oil Deregulation Law isn't exactly working to introduce more competition in the market...

kung nilalangaw sila, why are they matching the big 3 stations' prices? baket di nila ibaba presyo nila like what small players do here in MM?

maybe the small players' prices are already the best possible prices and the big 3 stations matched the prices of the small players

since the big 3 stations have brand advantage, tapos pareho pa presyo, talo talaga ang mga small players

[anonemus]

* safe-- Ah....okay....:coffee:

* uls -- exactly why I'm confused as to how can these small players compete. Usually the Big 3 here raise their prices first, and the small ones follow. Kakapagtaka talaga...

[uls]

I better do some more research on why the 1998 Oil Deregulation Law isn't exactly working to introduce more competition in the market...

know why it's not working?

you're dealing with a globally traded commodity

halos pareho ang cost ng mga players

it's not like small players can find sources of refined oil products at much lower prices which would allow them to sell at much lower prices than the big 3

everybody buys at the the same prices. so everybody sells at almost the same prices

--

Shell and Petron import crude oil then refine the crude oil here

small players import refined products from foreign oil refiners

there's international pricing for refined products (gasoline, diesel, kerosene, etc)

locally refined products of Petron and Shell follow international pricing -- the same prices small players pay for imported refined products

so how can the players (big or small) have large differences in their retail prices?? eh halos pareho ang mga puhunan nila