Oil Price increase
@maunesrockford92078 (305)
Philippines
March 29, 2011 1:24am CST
A pending oil price is coming like a tsunami triggered by 8.9 magnitude earthquake, what will non-oil producing countries will do and people or citizen can suggest?
a militant strike, a no work day action suit, or civil disobidience or may be looting in the gigantic oil companies hoarding their one year inventory? This oil companies they're just disgusting! A pending transport strike in the Philippines will start this thursday to appeal for a fare price hike and salary hike to what avail non I think?
3 responses
@SIMPLYD (90721)
• Philippines
29 Mar 11
It's alarming that price of oil will increase again! For sure, a lot of products will also increase.
I think the government should think of a way to avert or buffer such oil increase! The salaries should also be increased to compensate for the rise of prices.
I just hope there won't be a further domino effect if the increase will be implemented.
@wadabski (761)
• Philippines
29 Mar 11
One of the factors is the Japan quake, tsunami and a nuclear disaster quite a hand full for a country. The uprising in the arab nations also played a role in the oil price hike. Prices in travel fares will surely rise but no compensation to the salary is made, what a pity if I might add. Looking at the world wide scenario it is not only the Philippines where oil prices jacked up, it affected every nation both poor and developed.
@maunesrockford92078 (305)
• Philippines
29 Mar 11
The limiting factor of these is when people try to lift there hands to hand a help the attributing factors that replinishes of all of these.
@bigplay (212)
• United States
29 Mar 11
That's terrible, i think the oil prices will rise even higher, some day we could see a possible $10 a gallon price. That's why i'm going to help whomever gives me a ride some where, i'll help that person out with gas money.
@maunesrockford92078 (305)
• Philippines
29 Mar 11
That's very kind of you making a difference one step at a time but gradually the oil companies will stay the same.