$1=44
1 Gallon = 3.785 liters.
http://tonto.eia.doe.gov/dnav/pet/pet_pri_spt_s1_d.htm
base on the link provided.
Singapore Regular Gasoline 11/20/07 is US $2.395 per gallon
(2.395 x 44)/3.785= pesos per liter.
the price in Singapore is (would you believe) 27.85 pesos per liter.
Current price for regular gasoline 44.xx per liter....
even if $1=46 it will still come out at 29.11 pesos per liter.
Its cheaper to buy Gasoline in New York than in Cebu City!!!!
Results 471 to 480 of 1197
Thread: MERGED: All About OIL PRICE HIKE
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11-25-2007, 09:24 PM #471Banned User
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Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
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11-25-2007, 09:26 PM #472Lover and a Fighter
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
Dont forget the COST OF LIVING of thoise places you mentioned . OIL companies has nothing to do with OIL PRICE HIKE because oil prices are regulated by a board .
" A well regulated militia being necessary to the security of a free State, the right of the People to keep and bear arms shall not be infringed. " - 2nd Amendment , Bill of Rights of the United States of America
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11-25-2007, 09:28 PM #473Banned User
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
Cost of Living.... hmmmm it seems they enjoy cheaper GASOLINE prices....
Originally Posted by SPRINGFIELD_XD_40
meaning their cost of living will be a lot better than Cebu City
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11-25-2007, 09:30 PM #474Banned User
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
I am only showing how a STRONG PESO is not bringing the price of GASOLINE down.....
even if $1=47
its still cheaper to buy Gasoline in New York...
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11-25-2007, 09:31 PM #475Banned User
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
Oil price is deregulated in the philippines.... Originally Posted by SPRINGFIELD_XD_40
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11-25-2007, 10:11 PM #476C.I.A.
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
libog pud bitaw ko..i've been to indonesia and they only have 22 pesos per liter..
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11-25-2007, 10:55 PM #477 Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
maybe coz we import gas. tax+++
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11-25-2007, 10:57 PM #478Banned User
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
singapore has no oil also.... meaning they import oil... Originally Posted by lestat1116
even if you add VAT 12% and 10% tax
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11-25-2007, 11:53 PM #479Lover and a Fighter
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
@ AJOL ...
Heard of OPEC ?
When I left the US about 4 months ago , the gas I use which is 92 octane would cost almost $ 5 a gallon . Try to compute that and labaw ang US ug 10 PHp sa gas diri sa Philippines . Its about cost of living , ibutang ta lang $1 = 44PHp , whats in it for you ? For me its a candy bar in the US and a full meal in the Philippines ." A well regulated militia being necessary to the security of a free State, the right of the People to keep and bear arms shall not be infringed. " - 2nd Amendment , Bill of Rights of the United States of America
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11-26-2007, 12:03 AM #480Elite Member
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Re: Oil Companies Making a Killing out of Consumers.... clearly overpriced!!!
Indonesia is part of OPEC, they are also oil producers, their production is sometimes limited to their own consumption. So that explains why their oils is cheap. Originally Posted by digitalsuperman
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