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Saturday, July 5, 2008

another gas price increase.

Another gas increase! Every other week fuel price increase from P1.00 to P1.50 per liter. Gas expense now contributes a big chunk in our monthly expenses next to our food budget. As of last night, diesel already priced at P54.50/liter while unleaded gas now pegged at P62.40/liter. It was forecasted that it will continue to increase until August with gasoline price reaching P70.00/liter. Really a big burden for motorist like me.

With the increasing fuel price, I am thinking of some cost saving measures to ease my budget:

1. instead of using unleaded gas, use E10 gas from Shell. Less P6.00/liter cost.
2. convert one of our cars to LPG-powered gas.
2. start talking to my officemates for possible carpool services.
3. use school bus for the kids.
4. cut unnecessary trips. Probably consider getting Garmin GPS to save on travel time (and gas) to locate desired destination.
5. start commuting daily to work via use of public transportation.

I am hoping and praying that the world market price of oil will drop to stabilize oil price increase by August. Or better yet, the government help subsidize fuel cost to help the motorist (which is very impossible!). Otherwise, we might be forced to stop using our cars and start learning to commute to work daily. Better idea ...don't you think so. That is, if we only have good and effective transportation system in our country. Oh well....

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