StaffofOrayan:
I believe he meant fuel consumed domestically, hence his reference to PH refinery.

Anything produced and consumed locally is 100% determined by the cost of production. Especially when the market is not only guaranteed it is growing daily.

Just like real estate, just provide the houses and even before you paint the building, people are already offering you money.

What you said is based not on economics but on head knowledge.

It's like someone telling you 1+1= 2 and you say it is 3 with conviction. Your answer is not maths but head knowledge.

I've told you the blunt economic truth. Your unecinomic advise will bankrupt the country and has bankrupted many countries. That's the honest truth