Featured Post

3 Cost Effective Ways to Solve Metro Manila's Traffic Problem

Image
The Facebook page of ANC 24/7 is asking for its reader's suggestion on how to solve Metro Manila's traffic problem. This got me thinking, "what is the best way to solve Metro Manila's traffic problem?" It's easy to make suggestions, what's hard is the implementation and the cost of implementation. So what is the the best way to solve Metro Manila's traffic problem and the most cost effective solution? Punitive Fines Add caption First of all, any implementation will definitely cost money, a lot of money. The cause of the traffic mess is the people themselves so it's only right that those causing the traffic problem should be fined and the fine should hurt. That way, the fines will pay for the cost of enforcing the law. The fines should start at P500 and goes up every week if you don't pay it within 15 days. To enforce this and prevent people from ignoring the fine. It will be tied to their driver's license or car registr...
6 comments

Oil overpriced, Recto maintains

From the Philippine Daily Inquirer.

====================

Former socio-economic planning secretary Ralph Recto reasserted that fuel pump prices early this year were overpriced by as much as P8 per liter.

Recto issued the statement Friday in response to claims by his successor, National Economic Development Authority (Neda) Director General Augusto Santos, and Energy Secretary Angelo Reyes that his claim of an overprice in fuel prices was without basis.

Recto said it was the technical staff of Neda itself that had formulated the method of approximating at least a benchmark in the cost of fuel to compute the overprice to about P8 in April of this year.

At the time, oil companies were charging as much as P40.85 per liter of premium plus unleaded gasoline,
P39.71 per liter of premium unleaded gasoline and
P39.07 per liter of unleaded gasoline, said Recto.

This was about P8 more than the estimated gasoline price of P32 based on Neda computations, he said.

“My contention is not without basis. The Neda technical staff utilized a method of comparison and computation in order to arrive at an estimate of how much fuel prices should be in April of this year.

“Comparing it to the prevailing cost at that time, there was reason to believe we are being overcharged by oil companies,” said Recto.

====================

Does it still surprise anyone that we are being overcharged by the oil companies? They know that they have the Filipino people by the neck. This is what happens when you build an economy based on one commodity, that commodity being oil.

The Philippines is too dependent on oil for power and transportation. We should start building alternative sources of fuel and energy. Because the oil companies have no competition for energy sources, they can charge anyone what they want.

If we start using electric vehicles or even just starting with fuel efficient vehicles, then moving to hybrid and pure electric vehicles, that will start lowering consumption of fuel.

For electricity, we should start moving to wind, solar and geothermal. Reduce the oil and coal power plant usage. Start teaching the population to save energy and changing to energy efficient lights. That's the way to beat these high prices.

When there is no demand, prices go down.

Comments

Post a Comment

Popular posts from this blog

Manila - The most Beautiful City in Asia 1950's to the mid 1970's

Image
Welcome Google visitors! If you're looking for old Manila pictures from the 1950s to the 1970s, you've come to the right place. You'll see a collection of nostalgic photos when Manila was in its heyday. Just a quick note, I don't take credit for these photos. Somebody just sent them to me and I felt that it was important that I share it in the hopes that other people will see how beautiful Manila was and hopefully help bring it back to its former glory. Manila when it was the most beautiful city in Asia in the 1950s to 1970s The photos must have been taken in different years, from the mid 1950's to the mid 1960's, judging from the car models (though some cars are pre 1950'd). Where is O'Henry's Coffee and Donut shop in Plaza Sta Cruz (Plaza near Escolta & Reina Regente)? Can you recognize the cars? Chevy Bel-air 1958, Simca 1961-62s, Toyopet 1960s, VW Beetle 1960's, early 1960's Mercedez Benz 220... Take note, naka sapa...
Keep reading

Family Planning TVC 2014

Image
Ang Planadong Buhay ay Maayos na Buhay - Department of Health (Philippines) Please share to your friends! Follow us on Twitter @OfficialDOHgov http://twitter.com/OfficialDOHgov Pumili ng paraang hiyang sa iyo: Modern Natural Family Planning: LAM, SDM, BBT, STM, BOM Temporary: Pills, Condom, Injectables Long-Acting: IUD, Implant Permanent: Tubal Ligation, No Scalpel Vasectomy ------------------------------------------------------------- Lyrics: Isang taon palang ako, nasundan na ni Toto. Grade 2 walong taon palang, apat na bata ang inaalagaan. Grade 6 labing dalawa na ako, kasing dami na ng pamilya ko. Sabi mo pasensya na, walang pera kaya magdrop out ka. Ina ko sabi mo kami'y mahal nyo, aray ko bat di kayo nagplano. Sana di gutom at nag aaral pa, alaga't malusog ang buong pamilya.
Keep reading

Philippine Business Monopolies

Image
Just read this article on Inquirer.net about Globe complaining that the PLDT and Digitel merger would create a monopoly. PLDT chair Manuel V. Pangilinan on Tuesday hit out at Globe, accusing the Ayala group of monopolistic business practices. “PLDT is not allowed to install phone services inside malls and real estate developments (owned by the Ayala group), despite the clamor from their tenants,” Pangilinan said, noting that Globe was allowed to offer telecom services in these areas. The Ayala group, through its Ayala Land unit, is one of the country’s largest property developers. It operates shopping malls in Metro Manila, Cebu and Pampanga. It's funny how these big companies fight don't they? They talk about the danger of having a monopoly but all these talk are just of course to protect their business interest. In the end, the consumer ends up with the raw end of the deal. Talk about the pot calling the kettle black. Monopolies have existed in the Philippi...
Keep reading