MERGED: All About OIL PRICE HIKE

[grabehbebe]

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Officials of the oil industry management bureau of the Department of Energy, said that there is still another roll back to be expected by the consumers, although there are some indications that the Oil price is starting to go up again because the prices has not gone up that much yet. Local pump prices should be reduced by another P0.50 per liter.

But, with regards to the price of the LPG, they said that for now, LPG prices will go down. Other oil companies like Oil giants Pilipinas Shell, Petron Corp. and Chevron Philippines (formerly Caltex) reduced the prices of their liquefied petroleum gas (LPG) products by an average of 56 centavos effective yesterday.

Independent oil player Total Philippines (TotalGas) followed suit and reduced its LPG prices at noon yesterday.

The oil firms said the price reduction is the result of decreasing world crude prices and the strengthening of the peso.

[baron]

^It seems the rollback on oil prices continue to plague us. Well, I like this kind of plague.

From what I've heard in the news, the rollback on the price of LPG is already the twelfth for this year. More so, we are experiencing rollbacks on oil prices, almost on a weekly basis.

[grabehbebe]

Secretary Neri will now be starting a project on panting Jathropa Plants. The government is positive that using jathropa, we can be able to save $2 billion in diesel imports. (Jatropha’s seeds contain oil extract which can be used to power diesel engines.)

Officials said that if we are self-sufficient in diesel, we can save 30 percent of the $6 to $7 billion worth of oil we import a year which is good for improving economy like ours.

With this, PGMA has already ordered PNOC to to release P500 million. The money will be used to procure seeds and cultivate jatropha which takes about six months to start bearing fruits.

[Early_Bird]

yes tinuod ni..in fact most taxi operators in Cebu are already using PETRON AUTOGASUL on their taxi fleet..baratu ra daw, P26/fill up ingon sa kato taxi driver ako gipangutana.

here's a related news about autogasul:

Petron readies 10 autogas stations

Bai kung magpa tubil ug PETRON AUTOGASUL ang mga taxi drayber, moadto pa sila sa Manila? Kay nagsige nako ug tuyok tuyok sa Cebu wala jud ko kita ug Petron Autogasul refilling station. Hehehe

[grabehbebe]

Congress greenlights law on use of bio-fuels

Im certain now that because of passing this bill, many of us will be satisfied. Not only that it will help the economy, it is a big help as well in the environment.

[tonz_23_80]

it is possible...given the number of diesel users in the country...and also the coco plantations that we have...yes...in fact the philippines is one of the largest exporters of coco oil in the world...and thats the coco-bio diesel comes from...but we need to raise our production more...

[--Makoy--]

alternative fuel? forget it and sell your patent somewhere else if you dont want it to go to waste.. daghan na kaayo mga naimbento ug nadiscover ang mga pinoy yet mga lain nasod ang nanghimulos.. for one reason..


politics, politics, politics..

[digitalsuperman]

diba nana man law regarding sa Biofuel?

[--Makoy--]

dugay na man.. until now murag wala pa naimplement. siyam siyam na na padulong

[nocram]

heres my solution............what about a thing called!!!!!!!!!horse.parada,kandila maybe? hehehe thats all folks.