oil price roll back..
By kaezy_kulet
@kaezy_kulet (2465)
Philippines
August 6, 2008 10:38am CST
are you guys still happy of hearing news of a roll back in petroleum? this Saturday a rollback in gasoline will happen but in diesel no rollback will be experienced but after roll backs it will also still be followed by another price increase..what is this? a joke? can't our government really can't do anything to stop it's price increases? every time petroleum products has price increase all of our basic needs are affected..
2 people like this
13 responses
@ayessa (1583)
• Philippines
7 Aug 08
The government says they can't do anything about that ause its the world market. Its really hard to be poor like us!
We might just try to use the old way of transportation just not to use petroleum. But Im afraid MMDA will arrest the carabaos, cows and horses travelling to Edsa. 
@kaezy_kulet (2465)
• Philippines
7 Aug 08
i bet you will be the apple of the eye of everyone you will pass too if you are riding a carabao


@enihpesoj_zetroc (190)
• Philippines
7 Aug 08
it's nice to know that there will be a roll back in petroleum,but i feel sorry for those who got cars that uses diesel.that's one of the reasons why i am not completely pleased to hear the good news.i just wish that our government will come up a better idea and stable or concrete measures that would really stop or reduce oil price increase...okieezz,heaps kaezy_kulet.
@kaezy_kulet (2465)
• Philippines
8 Aug 08
some suggest to remove he VAT in petroleum products but our gov't doesn't agree on that because they will lose large amount of earnings from those products.
@cooldude_no1 (883)
• Malaysia
6 Aug 08
this is a global problem. Face it. Grow up. Work harder to earn more income.
@salonga (27775)
• Philippines
7 Aug 08
I would be happier if the rollback would be through and through! So that we go back to the lowest price of petroleum products to the lowest that we had before. When we bought our first car,the price of diesel was 7 pesos per liter. But not the diesel is some centavos short to reach 60 pesos per liter! We've already cut down on long travels. I've missed several trips to Tagaytay which I love to see often. More than this our P1000 could hardly buy us all we need for a week unlike before that P1000 could give us bags of groceries. So kaesy let's just hope and pray that the prices of all petroleum products continuously go go down, down, down, down, down, down, down and hundred more downs! Cheers!
@kaezy_kulet (2465)
• Philippines
7 Aug 08
yeah that will be everybody's wish..that petroleum will continuously go down
@urcheekyangel (438)
• Philippines
24 Aug 08
they're just having fun of us!! yeah they rollback the prices for only 50 cents.. and it was 2.50 rollbacks all in all.. but when it increases, it increases for 5-10 pesos...they are just using these prices rollbacks.....
OUST GMA!!!!!!!!
@kun2349 (23381)
• Singapore
13 Aug 08
Yeah, finally oil prices are rolling back, but it's only temporary, according to experts.. BUt regardless it's temp or not, it's always good that at least the prices drop for some time, then let it remain as it is b4 it goes any higher..
Plus, with increase in oil prices, there's nothing much the government can do, except if your own country has got it's oil plantation.. hehe
@zeroflashx2 (2491)
• Philippines
9 Aug 08
I've driven yesterday and saw the price for gasoline go down. It's good but it isn't anywhere near what we are most convenient with. It's gonna be real hard as it's basis is on the crude prices worldwide. And it does seem that a lot of countries are affected by the surge of oil prices. Our government an do something. I've somehow gotten deeper into what could really be happening but I'm just speculating until I get evidence.
We have different sources of fuel (alternative, solar, and even water). I don't see any support from the government. It was just one time on the news and was never heard of again (not sure if it did but I really haven't seen those again specifically the one where the car runs on water). I don't know why but there must be a reason. 

@Muelitz (1592)
• Canada
7 Aug 08
That is the reality, when the prices of petrol goes up, commodity prices go up as well. Unfortunately, when the prices of petrol goes down, the prices of commodity seems to remain. I am hoping that fuel prices continues to go down and maybe it prices of goods will go down and stabilize. 


@jinxky (2248)
• Philippines
7 Aug 08
lol it's just a tactic of gloria coz many people are already mad, so she made an order to the oil companies that they have roll backs, then increase then roll back something like that.. oil price hike & roll backs are like my star, it keeps on fluctuating 

@kayedanda (1850)
• Philippines
6 Aug 08
it's always one step backward, three steps forward for oil prices. not only here but around the globe as well. there's nothing we can do about it dearie. and the government is not willing to do anything either. besides, government people personally benefit greatly from all of this so why would they do something about it? i don't know. it's just my opinion.













