More bad news for motorists

The price of oil in the world market is now $60 per barrel. It's amazing how fast it has risen in the last few months. It was not long ago when it was $50+, and now, in just so short a span of time, it has reached that all-time high mark.

XCS plus, the gas our car consumes, is now PHP 28.10. A few months ago it was about PHP 26.35. In the next couple of months it might reach PHP 30. Prices of basic commodities will again rise. It's going to be a gloomy Christmas for many people.