Wednesday, August 13, 2008

Hear ye hear ye

Oil prices trends have recently been going down based on global market rates and these cut across diesel, gasoline and LPG. The thing is, the Philippines’ oil industry is highly deregulated, which means that the government cannot simply impose that oil companies in the country should follow suit. Nevertheless, I would like to believe that the good news on the global level will certainly help temper or halt or even better lower local oil prices as well. I know that for one, Flying V are rolling back its prices. Even now I already feel like filling up on gas full tank by end of this week and let the good times roll.

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