Government playing energy prices

Feb 7, 2007
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So this is unbelievable... the crude oil is lowest in 6 months, closed at 107.49 down from 145+ a few feeks ago, yet the government has announced today increase in gasoline and GLP prices, each one 3+ pesos. Retail prices are supposedly tied to crude oil prices, so when the crude is going down - retail should go down and not up- WTF is going on in SEIC?