Friday, 29 April 2011

Palawan Mining












Group gets .5 M signatures vs Palawan mining
By Rhodina Villanueva (The Philippine Star) Updated April 21, 2011 12:00 AM Comments 


MANILA, Philippines - A group opposed to mining in Palawan said they had gathered half a million signatures to support their campaign.        
Bantay Kalikasan of the ABS-CBN Foundation has intensified its advocacy against mining especially after one of its prime movers Dr. Gerry Ortega, an environmentalist and broadcaster was shot dead early this year by an unidentified gunman in Puerto Princesa City.                       
“We are hitting more than a half-a-million signatures already, we are continuously working on that. We want to show the government that there are many people interested in protecting the country from a paradigm that is not sustainable,” said Gina Lopez, managing director of ABS-CBN Foundation.
Bantay Kalikasan is part of an alliance called “Save Palawan Movement” together with groups Alyansa Tigil Mina, Environmental Action Center, and consortium of civil society organizations.      “As early as October, this campaign against mining is already in our pipeline. Dok Gerry’s death just fast-tracked everything. We have long discussed this advocacy. Mining was one of his advocacies being part of the ABS-CBN Foundation in Palawan,” Lopez said.
She noted that mining thrives in the Philippines because of poverty.  

http://www.philstar.com/Article.aspx?articleId=678657&publicationSubCategoryId=63

           As you all know. The place called palawan has its own issues today. One of those issue is all about the mining. They government are planning on dissolving palawan ang making it a mining site for the Philippines to prosper. With that assumptions the people living there would be in much trouble. They would be force to leave palawan. The externalities that the mining would cause would create great danger to most people there. Losing home, finding a new place to leave. And a lot more. Because of these factors, the people of palawan have a condition that if they will receive 5 million signatures, they will stop the plan of mining. And so they did.

          The mining. Even it will make our economy better, there is still a lot of people will be affected. So I too will not approved with that project. Losing our home where we grow up, where we grown accustomed with. Not only that this is there home but Palawan has 17 biodiversity site in the Phillipines which is essential to sustaining the life in the planet, 2 world heritage and 8 protected sites. We understand that approving this project would help the country but Palawan is a beautiful place to live in. The dreams of the children is still left in palawan. So I will not approve of it. You too should agree to this.

Wednesday, 13 April 2011

Oil Oil up up in the way


 
 
 
 

Oil above $111 as attacks damage Libyan oil fields
SINGAPORE (AP) — Oil prices jumped above $111 a barrel Friday in Asia as fighting in Libya damaged crude installations in the OPEC nation and a weaker dollar makes commodities cheaper for investors with other currencies.
Benchmark crude for May delivery was up 88 cents at $111.18 a barrel at midday Singapore time, the highest since September 2008, in electronic trading on the New York Mercantile Exchange. The contract rose $1.47 to settle at $110.30 on Thursday.
In London, Brent crude for May delivery was up 63 cents to $123.30 a barrel on the ICE Futures exchange.
Crude output in Libya slowed to a trickle this week as forces loyal to Moammar Gadhafi attacked the country's largest oil field in the rebel-controlled east, rebels said. Most of Libya's 1.6 million barrels a day of crude production had already been shut down by nearly two months of fighting.
Rebels were able to sell a shipment of 1 million barrels Wednesday but damage to their oil fields has all but halted production. Output in the government-held west has collapsed as sanctions target Libyan state oil activities.
"Traders have been worried that a dragged-out civil war might ultimately damage or destroy Libyan oil installations," Cameron Hanover said in a report.
A weaker dollar also boosted oil prices since that makes dollar-based commodities such as crude cheaper for trader with other currencies. The euro rose to $1.4390 on Friday from $1.4316 late Thursday.
In other Nymex trading in May contracts, heating oil rose 1.6 cents to $3.22 a gallon and gasoline gained 2 cents to $3.21 a gallon. Natural gas futures were up 0.5 cents at $4.06 per 1,000 cubic feet.

http://www.google.com/hostednews/ap/article/ALeqM5hct6Zm8VAwAUGUr6RU8x_IflZm-Q?docId=63f5e5c0818a43e580ce0161623d77ee

My Reaction:
                       Oil in day to day living is very important to every person since a lot of people use vehicles and the energy they use to make it start is oil. Libya is one of those countries that exports oil and trade them. Libya is currently on war because of Gadhafi's violence. He even destroyed large companies of oil producers and it had a large impact to the economy. We the importers are very dependent with that product and we are of great need of it. Since there is war on Libya it is difficult for them to normally export oil product to other countries. That made the oil increase gradually because of the ongoing war. War will be a indicator that all money and resources are needed for the success of the operation. It means that this supplies will be given to the soldiers for remedy and will suffice there needs.
                     
                      With the oil affected by the war, the prices of this oils also increases. It affected all the consumers of oil and the people of the county. Let us take for example the Philippines particularly Davao. Since oil increase in prices the transportation payments also increase. The taxi before starts with 30 pesos then it increase into 40 pesos with the oil prices increase. The 7 pesos payment for jeep, now it is 8 pesos. The people will adapt to this system temporarily.