
What if Executive Order 839 isn’t about the price of oil or its supply?
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Coming from a guy who rarely uses public transport— i have to ask the question: why can’t consumers enjoy reduced transportationĀ prices? The price of oil is close to US$100 per barrel (104 to 109). you can find the numbers over at bloomberg (15 minute delay per change). Next month could be an entirely different picture. [...]
Everyday we hear news about young people going to the streets, even going out of their classrooms to protest against these oil prices hikes. Ibon Foundation just found out that we’re being schemed at by giant oil companies, charging 12 pesos per liter more than they should.
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