Oil Prices Low ; Is this caused by the recession?

Thursday, October 16, 2008

It's something like this but its BIGGER and TALLER...more roomy! This is the small version of it I guess!


We own a Mitsubishi Space Gear Delica Executive Edition van ( a larger one and not like normal ones sold here normally in the islands) and it drinks Diesel like there's no tomorrow... I kinda am tired paying for that sometimes because its relatively cheaper if I just get a cab to and from work... the deal is, everyone in the house needs to use it so I compromise I guess. How am I still managing to save money? Well that's really a miracle!

I heard the news today oh boy! (no that's not the song!) that there would be a 3 peso rollback on diesel with Flying V... its not my brand and I always get Diesel from Petron... but since that is the competitor, most probably they will pull down the prices of the others also. I heard just this evening that oil prices fell to an all time low of 70 dollars. Remember it was about 130 before? that's almost half! Well, I think something good is happening with the US recession I guess huh? People are spending less, and not buying too much petrol is getting the prices and demands down so it is showing that on the market. This is good for motorists right? ^_^

This is where I usually gas up!

Flying V is 3 pesos off diesel and a peso off regular gasoline. Shell, Petron, Eastern Petroleum, Seaoil, PTT, Chevron at Total already rolled back a a lil over a peso off their rates for diesel, gasoline and kerosene.

I heard its about 2 dollars 80 where my Uncle is in the US... like a dollar lower than about a month ago... that is kinda good news. Now I can't wait for prices to go lower on commuters like me too. Maybe 10 pesos off the flagdown rate again? or maybe a peso off on regular jeepney rides would be nice even if I heard they were only asking for 50 cents this morning. I mean its better in Baguio than in Manila, they only have 25 pesos for their flagdown rate there... sheesh!

I hope prices of oil still go down in the world market... as we all need to breathe!


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Madonna and Guy Ritchie call it quits! : xxDIVORCEDxx

Madonna, Guy Ritchie and children, Rocco and Lourdes in Kamuning last year. Joke!
(Photo by Associated Press)

After a dream wedding in in the outskirts of Scotland, the grandest pop star Madonna and famous director Guy Ritchie call it quits today. They are now officially divorced.

This is sad, really sad news to people wishing the best for Madonna and her family. Like any divorce, it's now time for them to face the ugly financial statement since they are a VERY WEALTHY COUPLE. I may probably make these two next to Brangelina... but of course if it seems like its not gonna work, then they would be better off as friends. Child custody will also have a weird show since Rocco and Lourdes are a all grown kids. They could probably be faced with choosing who they would be with after these few days of hard circumstances on their family. Madonna asks for prayers and privacy during this very difficult time for their family. I'm quite sure it is believe me!.




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Cristy Fermin Suspended! (O_O)

Nadia Montenegro and Cristy Fermin now burning bridges.


Cristy Fermin has been suspended for 2 months from her radio show "Showbiz Mismo". ABS CBN has acted on the complaint lodged against her by Nadja Montenegro at MTRCB. She will not be appearing on it until December 31, 2008. I'm sure a lot of her followers via the web and TFC would feel sad about this. Perhaps the hundreds she greet each day too.

The action done to her was justified with her exposing Nadja Montenegro's kids saying they were illegitimate but was actually her real kids from other men, that they were her real kids out of wedlock years ago. Nadja told MTRCB these were all lies. ABS CBN mentioned that the kids above all times were not supposed to be mentioned since they were not part of their fight at all. I guess that part of the story is right... kids should be still protected. ABS CBN punished her for this. I hope this issue ends and does not go ballistic this weekend when she probably would speak in her own defense come Sunday at the same program. She would maybe end up as a guest in her own show. Funny ey?!


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MOA on Ancestral Domain Unconstitutional!!! - Supreme Court

Wednesday, October 15, 2008

MOA is rejected, now it won't be given away that easy!

The Supreme Court ruled 8-7 against the MOA on Ancestral Domain between the Government of the Philippines and the MILF. The court reiterated that Malacanang and the GRP Panel abused its power for pushing for this MOA implementation without considering public consultation. As they say in the movies... I'm not surprised! ^_^

Justice Conchita Carpio-Morales, on the other hand asked the GRP panel to start public consultations from hereon while negotiations are still being done with the government. Peace Process Executive Order 3 Republic act 7160 was the culprit here. The part thats unconstitutional particularly is the recognition of the Bangsa Moro Juridical Entity to act as a state. It ain't gonna push through now because nobody offered public consultation. I would personally be happy about this, I wouldn't want to give away parts of the Philippines to unscrupulous individuals that long before had hostaged the government to comply with their radical ways. Talk has been going on for years, and they could not control their people. Everyone knows that, they should consider ending this asap. People are dying, hurting and being fled away from their homes. Its not enough that people talk and let other parts of these unruly people make their own rules. They go back and haunt innocent ones. May God have mercy on their soul!

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