No stopping fuel price increases, gas up PHP 2.00, diesel by PHP 2.50, September 19, 2023
We wish it’s a winning streak, but it’s actually for a fuel price increase streak. Now on its 10th and 11th week, respectively, both gasoline and diesel will be more expensive per liter starting tomorrow, September 19, 2023. The former goes up by PHP 2.00USD 0.03INR 3EUR 0.03CNY 0.25 per liter and diesel by PHP 2.50USD 0.04INR 4EUR 0.04CNY 0.31. Different players will update their stations’ pumps at different times, but these prices are all but guaranteed to be added to the current prices.
Fuel prices go up for the 10th consecutive week for gas, 11th week for diesel
Photo: Seaoil
The times at which your fuel provider of choice updates to more expensive prices depends on the brand, but tomorrow will see no break in the consecutive fuel price increases. For almost 3 straight months, we’ve yet to see any signs of prices getting a rollback but as it stands, that may all be wishful thinking.
This is one of the most significant increases in both gas and diesel prices, and collectively, we’re seeing prices soar well beyond the PHP 70.00USD 1INR 101EUR 1CNY 9 per liter mark. That said, the past 10 increases in gas prices already total PHP 11.85USD 0.20INR 17EUR 0.19CNY 1, and diesel has risen by PHP 17.30USD 0.29INR 25EUR 0.28CNY 2 for the past 11 hikes.
Photo: Petro Gazz
The first to increase its prices will be Caltex, as they normally update at 12:01 AM. Petron, Shell, and the “smaller players” like Seaoil, Unioil, and Petro Gazz, all update their pump prices at 6:00 AM.
Implementation of the fuel price increase later in the day has been the constant practice of Cleanfuel, though, and it will apply the updated prices per liter at 4:01 PM.
Photo: Cleanfuel
In trying to find ways to get the most out of our top-up, here are some ways that can help reduce your fuel consumption. In trying to find more “humor” and learning from this non-stop rise, here are some myths that we’ve debunked when it comes to saving fuel 14, too.
As ridiculous – and painful – as it is, we don’t see a reprieve coming. While PUVs get fuel subsidies which does go a long way, private vehicle owners will just continue feeling this pinch until prices stabilize the world round for petroleum products.
