Oil Price Watch

[uls]

nope

but consider this -- a larger budget that goes to fuel means people are cutting back somewhere else

there gotta be businesses out there experiencing decline in sales

[Battlestar]

Any of you guys noticed a reduction of cars on the road yet?... I haven't.

Walang pinagbago. Next month siguro wala na kase pasok mga estudyante.

[uls]

for the past week the cost of hiring one of those very large crude carriers (VLCCs) has been rising

yun pala Saudi Arabia has hired 11 VLCCs to deliver crude oil to the US

Saudi Arabia Books Most Oil Tankers to Supply U.S. in Years - Businessweek

Saudi Arabia, the world’s biggest oil exporter, is booking the most tankers in years to supply the U.S., a sign the kingdom is fulfilling a pledge to compensate for a decline in Iranian sales, according to Dahlman Rose & Co.

Vela, the shipping unit of state-owned Saudi Aramco, booked nine so-called very large crude carriers in the past week to go to the U.S., Omar Nokta, a New York-based analyst, said in a report today. A further two vessels, each capable of carrying about 2 million barrels, were chartered earlier in March and all 11 are scheduled to load in the last week of this month or first week of April, Nokta said. Vela booked an average of one VLCC to the U.S. every other month last year, he said.

election year

gotta bring down fuel prices or lose the election

looks like somebody in the White House made some phone calls to the Saudis

[ghosthunter]

nope

but consider this -- a larger budget that goes to fuel means people are cutting back somewhere else

there gotta be businesses out there experiencing decline in sales

Yup, luxuries like certain foods and eating out will decline.

You guys think places like Starbucks and Sharetea would be affected?

[uls]

http://www.mb.com.ph/articles/354887...-fare-now-p850

MANILA, Philippines — Public utility jeepneys (PUJs) operating in the National Capital Region and Regions 2, 3, 4, 6, 7, 8, 9, 10, and 11 will start charging a minimum fare of P8.50 Wednesday, after the government granted Tuesday the provisional fare increase petitions of transport operators.

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Yup, luxuries like certain foods and eating out will decline.

You guys think places like Starbucks and Sharetea would be affected?

yup those living on paycheck to paycheck will be affected first

yung mga naka budget na lahat ng monthly expenses... with higher fuel prices they have to shift more money to fuel so groceries or something else in their monthly expenses gets cut. maybe eating out

ngayon tumaas na jeepney fare so commuters have to allot more of their income to pamasahe so something else gets cut

a decline in economic activity will show up in govt data a few months from now

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anyone out there who can get reports from wet market vendors... ask them kung humina ang benta

[vinj]

anyone out there who can get reports from wet market vendors... ask them kung humina ang benta

People will shift from buying at the grocery to the market instead?

[uls]

People will shift from buying at the grocery to the market instead?

no wait... separate yan sa post ko re people cutting back on groceries

pag mahina benta ng mga wet market vendors that means people are cutting back on food

same thing sa supermarkets pero it's easier to extract info from wet market vendors than from supermarket management

[Bin Diesel]

pag mahina benta ng mga wet market vendors that means people are cutting back on food

same thing sa supermarkets pero it's easier to extract info from wet market vendors than from supermarket management

Reported na early this month may decline na sa benta ng mga nagtitinda ng gulay sa Benguet wala na daw bumibyahe gaano na mga trucks and jeeps na galing sa maynila para kumuha ng supply.

[uls]

coz mahal ang fuel

kung pinilit nila sugal yan

pag dating dito ng gulay at sobra taas ng presyo (kasi kelangan bawiin ang fuel expense) at wala bumili at kelangan ibagsak ang presyo para maibenta... lugi na

so they rather not take that chance

[wowiesy]

coz mahal ang fuel

kung pinilit nila sugal yan

pag dating dito ng gulay at sobra taas ng presyo (kasi kelangan bawiin ang fuel expense) at wala bumili at kelangan ibagsak ang presyo para maibenta... lugi na

so they rather not take that chance

but may market ba sa area na pinanggalingan nila? perishable ang goods nila.. kung ipilit nila na hindi bumiyahe, mabubulok sa kanila ang gulay nila...

so to an extent... di nila magawa ng full blast to...