Practical Research

Members: Kurt marty ngo and Isaiah bambilla

 Research Topic Description Problems
The oil is likely to increase because
of demand and fears of supply
disruptions have exerted upward
pressure on oil prices. 2 Global
demand for oil has been increasing,
outpacing any gains in oil
production and excess capacity.

Erguiza explained that there are

many variables which cause the rise
in fuel prices, but the latest is the
rising foreign exchange rate. The
Philippines is heavily dependent on
the world market for its oil, and a
weak currency can make oil imports
more expensive.

The country's inflation rate even

rose to 5.4% in May 2022 as the
global oil prices affect other goods
and necessities. While some can
cope and ride through the price hike
wave, ordinary and working
Filipinos take the brunt of the jeepne’s driver earning or
inflation and the rise in prices of income
basic necessities and food staples
Which one is more efficient or
cheaper and better, is it E-bike
or gas Vehicle since we are Electric vehicles (EVs) have a Economic slowdown
facing of oil crissis. battery instead of a gasoline tank,
and an electric motor instead of an
internal combustion engine. Plug-in
hybrid electric vehicles (PHEVs) are The hunger of the low class
a combination of gasoline and family
electric vehicles, so they have a
battery, an electric motor, a gasoline
tank, and an internal combustion
inflation of the country
engine.

Electric vehicles use electricity to

charge their batteries instead of
using fossil fuels like petrol or
diesel. Electric vehicles are more
efficient, and that combined with the
electricity cost means that charging
an electric vehicle is cheaper than
filling petrol or diesel for your travel
requirements.

“The broiler industry is still struggling

amid the increase in imports that the
government is promoting
aggressively. This, coupled with the
very high feed cost today. Yellow corn
is now P20.50/kg [per kilogram], coco
oil is P90/kg from P65/kg, and soya is
P49.30/kg from P27kg. We are really
losing money,”

This is a big problem for us. The

 demand are very high. People don’t
have enough money and food has
given way to some more important import poultry are cheaper and
home expenditures like water, local poultry are expensive
electricity, phone bills, and internet,”
Supply and Demand of
Chicken in The Philippines.
Imports create competition for local
sector, while several operations have low supply of chicken
been forced to close. While chicken
meat output growth is slowing down,
the poultry producers in the
Philippines are facing competition
Demand
from what they call dumped imports,
and some facilities have been forced
to close.

Amid strained demand and tight

global supply, the Philippines is
expected to produce and import less
chicken this year.

A USDA report anticipates that the

Philippines will produce 1.33 mmt of
chicken meat this year, down from its
earlier forecast of 1.36 mmt, noting
that chicken production was 11%
lower year-over-year in the first
quarter of 2021, according to the
Philippines Statistics Authority.