Monday, March 15, 2010

Crude oil

You didn't know ? Magkahati yong government and oil company sa P20/liter difference. Kaya nga hindi umaangal ang ERB.

WHY???
Crude oil price fall below $34/barrel. This is my question ? Crude oil price at the high of $147/ barrel, our gasoline price is around P58/liter. Now crude oil price fall below $34/barrel against the high $147, its 77% decrease. Simple computation, our gasoline price should fall around P11.50/liter. How come our gasoline price is still at P31.00/liter & still increase 50cents / liter? San napunta yung overpice na P20/liter. send to all para malaman ng taong bayan! pass na!

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