Shortage of diesel and gasoline: Fact or blackmail?

The oil companies are just saying there is a shortage. As soon as the government lift the price increase ban then we will see if their really was a shortage of diesel and gasoline. It more than likely is blackmail.

This is blackmail and these oil companies are putting pressure on our government by inducing an artificial shortage. Imagine the amount of profit they get by increasing gas prices daily or even weekly. Right now, because of the price freeze they cannot rake in millions and they are doing this as a marketing strategy.

There is a blackmail, I believe it. I never believe in the fact that there is shortage. If you tried to research on different country there are no shortage of diesel in there, only in our country. So this is not true, they are just hiding it and they are just fooling themselves just to do what they want, to increase the price of the gasoline.

If you asked me, there is no other one here to blame. When our daughter fails in school, who do we blame. If your son get a fight who do we blame, when our kids have nothing to eat, the family has no budget, no money. who do we blame, who are to blame, He who heads the family is responsible for the welfare of its members, SHE WHO HEADS THE NATION, IS RESPONSIBLE FOR THE WELFARE OF ITS PEOPLE. i am not Anti-government but what good is a government if it cannot take care of its people.

In my opinion, these companies are just hoarding the supply so that demand will increase and there will be shortage in the supply... which would mean they could increase their prices. Poor us.

The public may never know, My uncle works as a CEO for Shell and he tells me that oil will never run out until the next 300 years. But i see some people who store oil and make a shortage and sell oil at a higher price when oil is rare. So, i think the companies are trying to pretend that oil is scarce to make profit.

oh yes black mail! I think prices are way to high and they are making a profit!. Someone is lieing!

With every shortage, there tend to be a demand.. When there's demand, prices will surely increase.. THat's a fact.. ANd besides, they are the ones providing the OILs and what can the government do to them?? THe government will relent, as everybody is depending on the OIl companies!! haha =D This is definitely not a blackmail, as it's an open fact, about SHortage and demand.. haha =D

If they're not selling because there's genuine shortage, then it's not blackmail, but if , they're not selling but there's enough supply , then it's blackmail..I just hope that these people will listen to their conscience, because for every price increase there will be corresponding price increases in the price of basic commodities too. What I notice is that , when there is a reason to increase , they increase immediately, but when there's a reason to decrease the prize, they're so slow to decrease the prize. What's up?

One day some smart person will invent teleporting Star Trek style and then we won't have such a huge need for gas. These companies can stick it in their juice box and suck it.

HI. I live in India and in my country, the petrol shortage is already there and we are suffering from the diesel shortage for more than 3 years from now. Hence it is advisable to swithc over to the renewable sources of energy and many countries are doing that now inorder to overcome from the Fule crisis. Thanks for starting the discussion and have a great day. Happy Mylotting. Cheers:-)

I think this is blackmail, designed to lift the price freeze on oil products. What is scary is, once they lift it, oil prices will surely skyrocket, and there's no stopping them. And since prices of most commodities are directly proportional to the prices of oil products, once its prices start going up, so will most consumer products, so expect everything to be a little too expensive this spending season.

For some reasons, I have this gut feeling that the major oil companies are hoarding their oil supply just to get back on the government for implementing the oil price freeze.

Honestly, I'm dumb-founded! It may be a fact and it might be blackmail. One thing's a fact though - oil companies are losing big with the price freeze and it's killing them. One way or another, they need to keep their company intact but how would they do that when they're selling at a loss. Could be blackmail as well. Oil companies, while selling at a loss, may be controlling their distribution to let the government and the public know that this just can't go on any further.

We do not seem at all short where I live. I think we need to get busy and figure out other ways to get around and use even less fuel.

Being a consumer I would naturally think that it is blackmail since I think it is just right that we be given a leeway since we just had the worst calamities that struck us and evidently we suffered a lot financially. for the Oil companies to say they are not earning that much is so conceited that it seems they are the only company that is losing in this kind of situation. I think Oil companies should do its part in helping everyone rise up from the disaster and not make profits from the disaster. For humanity sake everybody should make sacrifices in situation like this. On the other hand, thinking from the point of view of the Oil companies, they may seem to have the control of the supply and have better knowledge on how you can survive buying at a loss from the outside. It is obvious that they would buy slow because they could not afford their price at the moment thus creating shortage in supply. They may also be right since if they cannot afford to buy at a loss then might as well wait for the government to lift the price ceiling on the product so you can survive and afford to buy where you would survive. Our Oil companies does not dictate that price but the world market. Weighing between the two sides of the coin, of course I am siding with the consumers. Oil companies have benefited from us for the past several years and we have not complained that much. I think it is just time that they would hear our side of the coin since we are just rising from disasters. Everybody should make sacrifices to return back to the way we were.

I think it is blackmail, and I am sure more than one group agrees with that.

I think it is a fact but the price freeze contributed to the whole gas shortage. The oil companies aren't importing gasoline because they are not profiting from the market today and since they are not importing, there is a gas shortage. It is really basic economics. The demand is high but the supply is low. Why is the supply low? Because of the price freeze. We Filipinos have a knack of making up conspiracy theories and sometimes we have to understand that not everyone is out to get us. Businessmen are just doing their business but as a business woman myself, I know for a fact that there are a lot of buyers out there who want a certain product but aren't willing to pay for what it is really worth. The best way to say it is the Tagalog saying, "Ang binebenta ko lang ay ang kamay ko pero gusto pa kunin pati braso".

With the way the Philippines is, you just never know. Having been in the Oil business, I can tell you frankly that they're lying. What person or Corporation in their right mind would not be profiting? That defeats the purpose of staying in business and does not sit well with their shareholders. I think that part of it is a lie. And knowing how business works there, I can tell you that there isn't an oil deal that does not have under the table cuts. As for the shortage of diesel, it could be the case because they probably do not want to import more Oil since they're not getting the mark up they want. Then again, they could just be using it as a scare tactic.