Living here in the Philippines, if there’s one query I can count on getting regularly, it’s “How Much is Gas in the Philippines”?
America grew up around gas prices … and for the average visitor here … say in their 30, 40′s or 50′s, they can hardly remember a time when gas prices weren’t a huge topic.
I, on the other hand, grew up when gas prices were hardly ever an issue. When I was in high school, for example, I had a job pumping gas after school. (remember when people pumped your gas for you? Bonus question, name three places where that still happens today?)
One thing I never had much occasion to do was changing the gas prices on the pumps or the station’s signs … regular was $0.29.9 per gallon and premium was $0.34.9 per gallon … set by what was called in my state, Mew Jersey, the “Fair Trade law”.
Anyway, in answer to the common query here in the Philippines, here’s the receipt for my latest fuel purchase.
I use diesel in my 2006 Mitsubishi Adventure … in the Philippines I definitely recommend a diesel car or van.
Unlike in the US where diesel almost always costs more because of special Federal taxes that add on more than a dollar a gallon, in the Philippines, along with most of the rest of the world, diesel is always cheaper than gasoline. Figure 2 to 5 pesos per liter more for gasoline.
The main reason, though, I recommend diesel is the amount of time you will inevitably spend stuck in traffic, idling away your fuel to run the air conditioner. Diesel engines are about 5 times more efficient than gasoline engines when idling.
Anyway, what did I get (aside from a windshield and rear window wash and my tires aired up)?
40.6 lieters of “FS “(Fuel Save) diesel. At 3.785 liters per gallon, that’s ~ 10.7 US gallons.
At the current rate of exchange, 1892 Philippine Pesos comes up to about $44.33 USD, or $4.13 per gallon.
So there’s the current answer to the perpetual question of how much is gas in the Philippines.
A couple things worth noting.
Notice the detail level of the receipt. This is pretty common in the Philippines, where every cash register and POS (pont Of Sale) terminal is government regulated and licensed.
Notice also the amount of VAT (Value Added Tax) I paid. About $.23 on a 10 gallon gas sale.
There are a number of good income tax advantages to living in the Philippines … but never forget you are going to pay a VAT … akin to a sales tax, on almost every thing … and it adds up.
Anyway, another day of Living in the Philippines … it’s all good, except those times that it isn’t.