Showing posts with label oil price. Show all posts
Showing posts with label oil price. Show all posts

Tuesday, April 26, 2011

PNoy and his trivial deeds

During the Holy Week, PNoy spent some time inspecting bus terminals and airports to "ensure" the safety of the public as they leave for the provinces. A radio commentator and a former president said, and I agree with them, that what PNoy did was too shallow of an activity for a head of state. It was simple police work which he should have left with his PNP chief. Once again, he has downgraded the office of the chief executive by doing stuff suited for a subordinate. Whoever advised him to go around the bus terminals is clearly a mediocre person. It's the President for chrissakes!

Yesterday, PNoy made news again, another showbiz news for that matter. He visited the wake of teen idol AJ Perez (RIP) as it was said he was a friend of the family. Again, another "state" event which caused the media to make a full story out of it. Well he may have just condoled with the family of the deceased so this is quite forgiveable. But then again, his the President! Now I expect him to visit the wakes of every deceased poor Filipino. Diba boss niya tayo?

Then there's his easter message for the former President Gloria Macapagal-Arroyo. Like his palengkera sister Kris, he has this penchant for talking around as if he/she is a saint. Pareho silang sumusuka ng mapagpanggap na mga salita.

These are just some of what PNoy did lately which makes me think of him as "unpresidential." As regards the rising oil price, he has nothing concrete to say. As regards impending food security issues, he has nothing to say.

Monday, April 25, 2011

Oil Price Hike and PNoy

What does President Benigno Aquino III have to say about the rapidly increasing oil prices and the sudden backtracking of oil companies on their posted price hikes? He says his people will study and investigate the incident. As always, his student-council type of leadership is irritating. In the middle of all this he would just engage in investigations instead of taking positive actions to help the poor Juan dela Cruz from the ill effects of the selfishness of these oil companies.

During the Holy Week, gasing up was a pain in the ass. Tanks don't get filled up much with just P500 pesos. Yet Noynoy Aquino says he'll ask his Energy people to find out what happened.

Tuesday, November 10, 2009

EO 289: Oil prize freeze

Under Executive Order 839, oil industry players are directed to retain the level of the retail price of petroleum products prevailing on October 15, 2009 or one week after the last landfall of typhoon Pepeng.

However, notwithstanding the implementation of this EO, oil companies still insist that they will incur too much losses when this EO continues and is not lifted as soon as possible.

The target of this executive order is to help the consumers who are end-users of petroleum products to be unburdened by high prices of commodities which is usually the consequence of the high price of petroleum.

The oil price freeze has again caused these capitalist oil companies from saying stories of possible shortage of supply of fuel in the coming days. These oil giants warned that if the oil price freeze is not lifted, there might be a possibility that the firms will not import oil products from the refineries outside the Philippines. Neither would they sell at a loss.

Nonetheless, with this existing fear of shortage the government will do its best to avoid this scenario without giving up on the whims of these capitalist oil players. It is said that there is a scheduled meeting tomorrow on the part of the members of the executive department to find a solution on this impending crisis.