How to predict oil price adjustments from changes in MOPS and FOREX – a simplified formula

How to predict oil price adjustments from changes in MOPS and FOREX – a simplified formula

Yes, your favorite energy technology and pricing expert has simplified the calculation of oil price adjustments given changes in product MOPS and FOREX since not all the minor cost items change.

The duty paid landed cost inclusive of 12% VAT on imported oil, in $/bbl is:

DPLC $/bbl = (CIF + WHARFAGE + BOE FEE + OCEAN LOSS + DOC STAMPS + DEMURRAGE + CUSTOMS DUTY + SPECIFIC TAX) x 1.12

where FOB = MOPS + PREMIUM (where PREMIUM is usually zero) More »

THE CASE AGAINST OIL DEREGULATION : IT PROVOKED HIGHER PRICES – by Mar Tecson

THE CASE AGAINST OIL DEREGULATION:

IT PROVOKED HIGHER PRICES

[Editor's Note:  This is the first article on this series that is meant to elicit discussion among our readers on how best we could address the issue of oil pricing under a deregulated environment.  Are we better off today with a deregulated oil industry or should we revert back to a regulated oil industry?   Has deregulation brought the country benefits or allowed the oil companies to increase their prices beyond what is reasonable?  Please feel free to comment and share your views so we could draw up a consensus on a better approach to oil industry regulation.  Cheers.  Marcial] More »

THE CASE AGAINST OIL DEREGULATION – Mar Tecson’s Comment #5

THE CASE AGAINST OIL DEREGULATION – Mar Tecson’s Comment #5

[This is Mar Tecson's comment to Marcial Ocampo's response/comment #4.  The reader may add further his views to widen our pool of ideas.  Cheers.  Marcial]

From: Marcelo Tecson <martecson@yahoo.com>

Subject: IT DEPENDS ON WHOSE VIEWPOINT… Re: LET US USE BOTH PROFITABLITY MEASUREMENTS… Re: PER LITER MARGIN is Gateway to PERCENT RETURN on CAPITAL… Re: DEREGULATION AFFECTS MARGIN ONLY… Re: THE TEST OF DEREGULATION IS ON PER LITER MARGIN… Fw: Re: For CEBU C… THE CASE AGAINST OIL DEREGULATION/Let’s oil ourselves More »

THE CASE AGAINST OIL DEREGULATION – Mar Tecson’s Comment #4

THE CASE AGAINST OIL DEREGULATION – Mar Tecson’s Comment #4

[This is Mar Tecson’s comment on Marcial Ocampo’s comment #4.  The reader is advised to add his comments to this blog.  Cheers.  Marcial]

Marcial Ocampo’s response is found in these links:

http://energytechnologyexpert.com/oil-and-gas/oil-crisis/the-case-against-oil-deregulation-–-marcial-ocampo’s-comment-5/

http://www.energyblogs.com/GlobalEnergyNewsandEconomics2009/index.cfm?mode=entry&entry=202A0565-1372-574A-8C6EAE86D63D4E82

From: Marcelo Tecson <martecson@yahoo.com>

Subject: LET US USE BOTH PROFITABLITY MEASUREMENTS… Re: PER LITER MARGIN is Gateway to PERCENT RETURN on CAPITAL… Re: DEREGULATION AFFECTS MARGIN ONLY… Re: THE TEST OF DEREGULATION IS ON PER LITER MARGIN… Fw: Re: For CEBU C… THE CASE AGAINST OIL DEREGULATION/Let’s oil ourselves: Friday, October 2, 2009, 12:48 PM More »

THE CASE AGAINST OIL DEREGULATION – Mar Tecson’s Comment #3

THE CASE AGAINST OIL DEREGULATION – Mar Tecson’s Comment #3

[This is Mar Tecson's comment to Marcial Ocampo's response / comment #3 also.  Please add your own comments and suggestions to our ideas.  Cheers.  Marcial]

Marcial Ocampo’s response may be found in these links:

http://energytechnologyexpert.com/oil-and-gas/oil-crisis/the-case-against-oil-deregulation-–-marcial-ocampo’s-comment-4/

http://www.energyblogs.com/GlobalEnergyNewsandEconomics2009/index.cfm?mode=entry&entry=2027F8DC-1372-574A-8C6589DA48D9D0F9

From: Marcelo Tecson <martecson@yahoo.com>

Subject: PER LITER MARGIN is Gateway to PERCENT RETURN on CAPITAL… Re: DEREGULATION AFFECTS MARGIN ONLY… Re: THE TEST OF DEREGULATION IS ON PER LITER MARGIN… Fw: Re: For CEBU C… THE CASE AGAINST OIL More »