MERGED: All About OIL PRICE HIKE

[yeah111]

---

Mag lakaw or mag bike na lang jud ta ani unya

[omad]

I hope this type of developments would spur our government to take a look at alternative source of fuel:
__________________________________________________ __________________________________________________ _______
Saturday, August 12, 2006
US auto co. picks RP site for new factory

Ford Motor Co. is investing P1.1 billion for its flexible fuel engine manufacturing plant in the Philippines.

Peter Daniel, Ford Asia Pacific and Africa president, told President Arroyo during company’s car display at the Shangri-la’s Mactan Island Resort and Spa yesterday that the firm is manufacturing and distributing flexible fuel vehicles (FFVs) that are designed to function on conventional gas or on gas blended with bio-ethanol fuel.

Ford’s factory in the Philippines is the first flexible fuel manufacturing plant in the Asian region, and the company’s sole machining and engine assembly operations in Asia. It will start commercial operation by the end of this year.

The plant is expected to produce 21,000 units every year. Its market includes the Philippines, Thailand, Indonesia, Malaysia and Vietnam.

Ethanol fuel

The Ford Focus FFV has a 2.0-liter or 1.8-liter single fuel engine system, which can run on pure gasoline or with a combination of gas and as much as 20 percent ethanol.

The car’s engine is capable of adjusting to changes in fuel use.

Ethanol, as an alternative transportation fuel, can be made from crops abundantly grown in the Philippines like sugarcane, cassava and corn.

It has a natural high octane rating and does not compromise engine performance. It provides same power output and equal acceleration.

It allows vehicles to emit very little carbon monoxide, thus helping in the reduction of global warming.

The use of ethanol as alternative bio-diesel was demonstrated by Ford at the start of the three-day Asia-Pacific Economic Cooperation Business Advisory Council meeting, which is attended by around 300 foreign dignitaries and top corporate leaders. (ROV)

source
__________________________________________________ __________________________________________________ ________

[scarecrow]

IF THE PRICE WILL STILL INCREASE THEN THIS WILL HAPPEN..

[botyok]

ahehehehe mao jud...murag padung jud ta ana kung mo saka pa ang gass....

[grabehbebe]

Market gains on strong Dow Jones, drop in oil prices

Share prices closed 0.60 percent higher yesterday, spurred on by Wall Street’s overnight rally following the release of tame US wholesale inflation data, dealers said.

They said the continued decline in crude oil prices also perked up investor sentiment although market activity remained largely focused on second-liners and a few blue chips led by property firm Megaworld Corp.

The composite index added 14.09 points to 2,343.51 after moving between 2,329.42 and 2,347.33. The all-shares index rose 7.29 points to 1,445.90.

There were 2.71 billion shares traded valued at P1.52 billion.

Gainers narrowly beat losers 43 to 41, while 70 stocks ended flat.

An unexpected drop in wholesale prices sent US stocks soaring Tuesday, with the Dow Jones industrials climbing more than 130 points as Wall Street gained confidence in the Federal Reserve’s management of inflation and the economy.

Sentiment also got a further boost with crude prices falling again as concern about the situation in the Middle East eased after the UN ceasefire took effect in Lebanon.

"Despite this Wall Street-inspired technical rebound and lower crude oil prices, some investors speculate that certain lower-liners are where the money is right now," said James Lago of Westlink Global Equities.

Megaworld was the day’s top gainer, advancing another 10 centavos to P1.64 after its net profit doubled in the three months to June.

"Our valuation ranks the company as the most attractive in the Philippine property sector, in addition to having one of the strongest growth profiles," said Gilbert Lopez of Macquarie Research, who rates Megaworld an "outperform" with a target price of P2.15.

Briskly traded Philippine Long Distance Telephone Co. (PLDT) closed down P10 to P2,005, while Bank of the Philippine Islands (BPI) rose P2 to P54.

San Miguel A and B shares were steady at 64.50 and P73.50, respectively.

"Wall Street’s rally and the latest US data provided the market with direction. The past few days, the market was just moving sideways," said Westlink Global Equities chairman Rommel Macapagal.

The Dow Jones Industrial Average rose 1.2 percent Tuesday after US economic data showed the July Producers Price Index rising at a slower pace compared to the previous month. That eased concerns that the Federal Reserve might revive its interest rate hike campaign as early as next month.

Among active Philippine stocks, property concern Megaworld climbed 6.5 percent to P1.64 after it reported second-quarter net profit Tuesday that was more than double the year-earlier level. – AFP, AP

http://www.philstar.com/philstar/NEWS200608170702.htm

[kamikaze426]

dili man mu rollback ang price maski mu ubos na ang oil price, pero kung musaka gani automatic dayon increase.. tsk tsk tsk

[cool]

pwerting mahala every body is suffering.

[mannyamador]

Don't expect much of a rollback in oil prices from local distributors. They have a cartel. There is no real free market here. The local prices are controlled by the cartel.

[chadix24_7]

i'm so happy to have sold my car

[gun_ob]

use public transport instead of private vehicles.