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Retail gasoline prices pulled back slightly from record levels Tuesday and gave some consumers a small break, but a new government forecast said gas could reach as high as $4 a gallon during the summer driving season.

Oil futures prices, meanwhile, fell as the dollar stabilized, giving investors an opportunity to lock in profits from crude’s recent rally. Limiting the declines were developments in Iran, which announced plans to expand its uranium enrichment program and said it has tested key equipment, a move that raised the market’s concerns about political conflict that could affect the country’s oil exports.

In its monthly report on petroleum supplies and demand, the Energy Department’s Energy Information Administration forecast that monthly average pump prices will peak near $3.60 a gallon in June, but could rise as high as $4 a gallon at times. That’s a dime higher than the EIA’s previous monthly average projection, and brings government

MANILA, March 25 Asia Pulse – Due to the reported impending shortage of rice supply, House Speaker Prospero Nograles on Monday asked his colleagues from Mindanao to pool their resources and available energies to convert Mindanao into the new food basket of the Philippines.

Nograles said of the shortage “whether it is true or not, there is need mobilize resources and manpower and allow the resurgence of Mindanao in the forefront of national productivity.

“Mindanao should never remain a land of promise. It should now be a center of development. There is no room for complacency and indifference. We all must move now and stop political mud slinging that helps nothing,”

To ensure a synchronized congressional action, Nograles directed the Congressional Planning and Budget Department (CPBD) of the House of Representatives to prepare a comprehensive legislative agenda, both short and long terms, that maybe taken up in an all-party caucus that includes the

There is no need to panic over the reported supply shortage in rice. This was the assurance made by National Food Authority (NFA) Bohol assistant manager Ma. Fe Evasco when asked by the Chronicle regarding the status of the supply of government subsidized rice here.Similarly, Department of Agriculture (DA) Bohol crops productivity division chief Remedios Regacho pointed out that Bohol still has sufficient supply of rice despite nationwide reports of a shortage.Asst.Provincial agriculture statistics officer Gerry Servillon likewise bared in a meeting with NFA and rice traders that Bohol has an abundant supply of rice and the province is likely to experience another increased harvest of palay this year.

But these claims however contradict the continued increase of retail prices of rice in the province.

Local grains buyers belie reports by the DA and NFA that traders are buying palay at a farmgate price of P13.27 per kilo. Palay is actually selling

Just imagine when you’re in a toilet and when you’re going to urinate someone are looking at you! just take a look at this……

101-year-old Adele Lerner lied about her age until she was in her 90′s. But she didn’t do so out of vanity. Rather, she didn’t want people to view her as incapable of doing the things she wanted to do. When she finally told her children, Terry and Karen, that she was actually three years older than they had thought, they persuaded her to “come out of the closet.”  Read more..

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