How to compute prices of gasoline and diesel

July 13th, 2013 1 Comment   Posted in Oil Pricing Formula

BusinessWorld
http://www.bworldonline.com/content.php?section=Opinion&title=How-to-compute-prices-of-gasoline-and-diesel&id=73169
Thursday, July 11, 2013 | MANILA, PHILIPPINES

How to compute prices of gasoline and diesel

Strategic   Perspective René B. Azurin

SINCE PUMP prices of oil products are again rising, prompting the usual round of demonstrations against “overpricing,” I thought it would be useful to bring to everyone’s attention the pricing model developed by the Independent Oil Price Review Committee (IOPRC) which was tasked last year to study the reasonableness of retail prices of gasoline and diesel. More »