Philippine Oil Price Hike
By Claupas
@Claupas (13)
Saudi Arabia
September 22, 2007 2:46am CST
Its another oil price hike in the Philippines, amid the growing price of oil the international market. Today the 22nd of Sept. 2007, major oil companies in the Philippines will again increase the price of its oil to P0.50/liter. My analysis on these will only makes the life of those people who live US$1/day more tricky or even worst.
3 responses
@enru246 (89)
• Philippines
22 Sep 07
Yo! that's really a bad news...But it's not new situation anymore. I know that event will surpass to better again by our countrymen. Hoping for a great change that is substantial for most of the people not just in the selective list.
@meaculpa (338)
• Philippines
22 Sep 07
It is inherent that prices of oil increases so fast.
Need not fear for the P0.50 increase will soon decrease after a couple of weeks.
The increase in oil prices is tremendous that basic commodities are affected.
I was even surprised to see in the supermarket that most of the consumables I buy increased too.
That's the economy of the Philippines.
@foxygirle (376)
• Philippines
22 Sep 07
claupas
i think its all politics, the government becoming so desperate to make their wallet fatter at the expense of its people. news around the country is getting to be depressing everyday, broadband scam deal, oil price hike, etc. sometimes you wish God is in control of these greedy people.
