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	<title>A Radical&#039;s Nut &#187; Oil notes</title>
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		<title>A Radical&#039;s Nut &#187; Oil notes</title>
		<link>http://arnoldpadilla.wordpress.com</link>
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		<title>Petron, Shell lying about &#8220;losses&#8221; due to EO 839</title>
		<link>http://arnoldpadilla.wordpress.com/2009/11/12/petron-shell-lying-about-losses-due-to-eo-839/</link>
		<comments>http://arnoldpadilla.wordpress.com/2009/11/12/petron-shell-lying-about-losses-due-to-eo-839/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 13:38:11 +0000</pubDate>
		<dc:creator>arnoldpadilla</dc:creator>
				<category><![CDATA[Oil notes]]></category>
		<category><![CDATA[EO 839]]></category>
		<category><![CDATA[overpricing]]></category>
		<category><![CDATA[Petron]]></category>
		<category><![CDATA[Shell]]></category>

		<guid isPermaLink="false">http://arnoldpadilla.wordpress.com/?p=462</guid>
		<description><![CDATA[Pilipinas Shell today (Nov. 12) claimed that because of EO 839, it has incurred losses of as much as ₱80.9 million in just six days (or about ₱13.48 million daily). Also today, Petron Corporation reported a net income of ₱3.38 billion from Jan. to Sep. but quickly warned that if EO 839 is not lifted [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=arnoldpadilla.wordpress.com&blog=2418548&post=462&subd=arnoldpadilla&ref=&feed=1" />]]></description>
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			<media:title type="html">arnold</media:title>
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			<media:title type="html">Oil cartoon</media:title>
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		<item>
		<title>World Bank, bad bank: Gas tax hike proposal to hurt the poor</title>
		<link>http://arnoldpadilla.wordpress.com/2009/07/11/world-bank-bad-bank-gas-tax-hike-proposal-to-hurt-the-poor/</link>
		<comments>http://arnoldpadilla.wordpress.com/2009/07/11/world-bank-bad-bank-gas-tax-hike-proposal-to-hurt-the-poor/#comments</comments>
		<pubDate>Sat, 11 Jul 2009 08:52:01 +0000</pubDate>
		<dc:creator>arnoldpadilla</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Oil notes]]></category>
		<category><![CDATA[fiscal issues]]></category>

		<guid isPermaLink="false">http://arnoldpadilla.wordpress.com/?p=308</guid>
		<description><![CDATA[The World Bank, in its latest quarterly report on the Philippines, recently proposed that government increase the current excise tax of P4.35 per liter on imposed on gasoline products to ensure a quality implementation of Arroyo’s fiscal stimulus plan and address a ballooning budget gap.
According to the multilateral lending institution, its proposal would “improve the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=arnoldpadilla.wordpress.com&blog=2418548&post=308&subd=arnoldpadilla&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">arnold</media:title>
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		<title>Oil notes: The point is there is overpricing</title>
		<link>http://arnoldpadilla.wordpress.com/2009/06/27/oil-notes-the-point-is-there-is-overpricing/</link>
		<comments>http://arnoldpadilla.wordpress.com/2009/06/27/oil-notes-the-point-is-there-is-overpricing/#comments</comments>
		<pubDate>Sat, 27 Jun 2009 05:30:36 +0000</pubDate>
		<dc:creator>arnoldpadilla</dc:creator>
				<category><![CDATA[Oil notes]]></category>

		<guid isPermaLink="false">http://arnoldpadilla.wordpress.com/?p=270</guid>
		<description><![CDATA[Based on our latest estimates (released last week) at Bayan (Bagong Alyansang Makabayan or New Patriotic Alliance), oil firms collect about P167.03 million in extra profits daily from consumers due to continued overpricing.
The Big Three oil firms accumulate an estimated P138.14 million every day from overpriced petroleum products. Petron Corporation accounted for P64.64 million daily [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=arnoldpadilla.wordpress.com&blog=2418548&post=270&subd=arnoldpadilla&ref=&feed=1" />]]></description>
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			<media:title type="html">arnold</media:title>
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		<title>The OPSF and Malacañang’s efforts to blunt calls to regulate the oil industry</title>
		<link>http://arnoldpadilla.wordpress.com/2009/03/27/the-opsf-and-malacanang%e2%80%99s-efforts-to-blunt-calls-to-regulate-the-oil-industry/</link>
		<comments>http://arnoldpadilla.wordpress.com/2009/03/27/the-opsf-and-malacanang%e2%80%99s-efforts-to-blunt-calls-to-regulate-the-oil-industry/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 09:55:17 +0000</pubDate>
		<dc:creator>arnoldpadilla</dc:creator>
				<category><![CDATA[Oil notes]]></category>

		<guid isPermaLink="false">http://arnoldpadilla.wordpress.com/?p=161</guid>
		<description><![CDATA[A think tank based at the House of Representatives (HoR), the Congressional Planning and Budget Department (CPBD), on Tuesday released a report upholding Republic Act (RA) 8479 or the Downstream Oil Industry Deregulation Act of 1998. The report, written by CPBD director general Rodolfo Vicerra, warned that without RA 8479, the domestic oil market would [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=arnoldpadilla.wordpress.com&blog=2418548&post=161&subd=arnoldpadilla&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://arnoldpadilla.wordpress.com/2009/03/27/the-opsf-and-malacanang%e2%80%99s-efforts-to-blunt-calls-to-regulate-the-oil-industry/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">arnold</media:title>
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			<media:title type="html">oil-cartoon</media:title>
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		<item>
		<title>Oil firms and Malacañang unjustly squeeze P329 M every day from consumers</title>
		<link>http://arnoldpadilla.wordpress.com/2009/03/14/oil-firms-and-malacanang-unjustly-squeeze-p329-m-every-day-from-consumers/</link>
		<comments>http://arnoldpadilla.wordpress.com/2009/03/14/oil-firms-and-malacanang-unjustly-squeeze-p329-m-every-day-from-consumers/#comments</comments>
		<pubDate>Sat, 14 Mar 2009 17:00:09 +0000</pubDate>
		<dc:creator>arnoldpadilla</dc:creator>
				<category><![CDATA[Oil notes]]></category>

		<guid isPermaLink="false">http://arnoldpadilla.wordpress.com/?p=155</guid>
		<description><![CDATA[Pump prices continued its downtrend, with three rounds of rollbacks announced by the oil firms in the first week of March. On Monday (March 2), the so-called Big Three (Petron Corporation, Pilipinas Shell, and Chevron Philippines) slashed the price of their diesel and kerosene by P1 per liter and gasoline by 50 centavos. It was [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=arnoldpadilla.wordpress.com&blog=2418548&post=155&subd=arnoldpadilla&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://arnoldpadilla.wordpress.com/2009/03/14/oil-firms-and-malacanang-unjustly-squeeze-p329-m-every-day-from-consumers/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">arnold</media:title>
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			<media:title type="html">poverty-ibon</media:title>
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