Oil Price Rollback!
Posted on November 10, 2008
Filed Under Economy |
For the past three or four months the Filipinos, especially the motorists, were alarmed with the surging price of oil and gasoline. Every week, there was always an increase in the prices of oil and gasoline of not less than one Philippine peso. But now it seems that the circumstances are turned the other way around. Philippine motorists are now very happy that every week, most of the major oil players are having a rollback on the prices of their products. And they said that it’s a result of the rollback on the gasoline price per barrel in the world market. I just hope that this would continue until the prices would be affordable for majority of my kababayans.
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