I attended the senate hearing on oil prices last week and was severely disappointed by the spineless stance of energy secretary Angelo Reyes and the ambitious Senator Mar Roxas. Just look at the data from the energy department itself and you’d see that oil company margins are either stable or diminishing. Click this for the presentation from the department of energy
And here is the explanation of Ciel Habito on the movement of world oil prices.
In our next post, we discuss why we think the three bills of Bayan Muna Rep. Teddy Casiño are appropriate, that is if we are lost in Dr. Joey Magpantay’s Filipino Time Machine.
3 Comments
So this is where you hide the more serious work you do.
Will come and read each and every entry seriously when I get back from an out of town job.
I don’t hide nor run. My unsolicited analysis should be in Would, but Blogger is making that impossible at this time. My political beliefs—past and present— are public, even to the bilaterals and multilaterals who want my services (including the ADB) and they have never confronted me on these.
Hi Viking, i responded to your email from last week Thursday. How can i help you?