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The Danger of Arroyo Freezing Oil Prices in the Philippines

Free Market Oil has dropped by over 2 million barrels per day since December of 2003. If your professor or your local economist or perhaps national newspaper is still pounding the table that supply always makes a response to price–even in natural resources. -gregor

What if Executive Order 839 isn’t about the price of oil or its supply?

Do Not Reduce Transport Prices: Deregulate the market

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. [...]

Taxpayers Are Being Schemed – Are We Angry Enough?

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.