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Gasoline and diesel usage and pricing. Example from Germany 2007, €1.319/l. The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply).
Global energy crisis (2021–2023) A global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the globe facing shortages and increased prices in oil, gas and electricity markets. The crisis was caused by a variety of economic factors, including the rapid post-pandemic economic rebound that outpaced energy ...
Here are key takeaways from AP's report: The project. The government has ambitions for making the Philippines a liquified natural gas hub for the Asia-Pacific region. And Batangas province is at ...
The Philippines’ current energy mix highly favors fossil fuels, with coal, natural gas, and oil, accounting for 73.56% of the country's total electrical energy needs, [7] primarily due to their low cost. [8] The Philippines's most heavily used energy source is coal. [7] Of the country’s 75,266 GWh electrical energy demand in 2013, 32,081 ...
Gas prices pushing inflation higher. could be a "blessing in disguise," according to one economist.
Inflation is a sustained increase in prices of goods and services, which can negatively impact purchasing power and lead to tough financial decisions for consumers. The Federal Reserve targets a 2 ...
The Philippines is going all in for electricity made via climate-damaging combustion, with almost two dozen power stations planned and the ambition to become a gas hub for the entire Asia Pacific ...
This is a list of major gas station chains in the Philippines. This includes the "Big Three", which refers to the top three companies in the oil industry: Petron, Shell, and Caltex.