Petroleum prices up for 5th time

Published by rudy Date posted on February 8, 2012

DISTRIBUTORS on Tuesday raised regular gasoline prices by P0.60 a liter, premium gasoline and diesel by P0.25, and kerosene by P0.30.

Power distributor Manila Electric Co. also raised its generation charge by P0.11 per kilowatt hour this month.

Petron, Shell, Seaoil and Total issued separate advisories to reflect the movement in world oil prices. The increase in petroleum prices is the first for this month but the fifth since January.

Gasoline now sells at P50.98 to P60.85 a liter, diesel at P43.84 to P47.43, and kerosene at P49.41 to P55.46.

Meralco said the generation charge for February will go up slightly from January’s P5.46 to P5.57 per kilowatt hour this month. It said it was the result of the higher charges by its suppliers.

The company said the charges from the Wholesale Electricity Spot Market increased by P4.29 a kilowatt hour, contributing P0.09 of the P0.11 per-kilowatt-hour increase in the generation charge.

The National Power Corporation’s rates also went up by P0.04 a kilowatt hour, and mainly because of the shift to more expensive dry-season rates.

The generation charge, the electricity bill’s biggest component, makes up almost 60 percent of the customer’s average monthly power bill. This charge goes directly to Meralco’s power suppliers and not to Meralco. Alena Mae S. Flores, Manila Standard Today

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
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March 27: Earth Hour

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