With the rising prices of fuel, it won’t be a surprise if the gas price will hit the Php60.00 mark by next month. It could even be earlier. Almost every week, all the major oil companies are adding at least php1.00 per liter.

Sources tell us that Sea Oil will be challenging this rising gas prices by introducing a flat rate scheme via a prepaid card. Price tag will be Php53.50 per liter with each card tanking 20 liters.

These prepaid cards can only be bought in a 1 week window — from June 10 to 16, 2008. The cards can be bought from Sea Oil stations or special booths — Metrowalk and Tiendesitas in Pasig City, Greenhills Shopping Center in San Juan and Shopwise in Cubao, Quezon City.

Price Lock Prepaid Fuel Card can be used to buy 20 liters of gasoline (G5 X-treme and Unleaded) from any SEAOIL participating stations. The selling period is from June 10-16, 2008. Each card costs P1,070 and is valid for 10 weeks (June 10 up to August 16, 2008).

This assures car owners that whether gas prices will go up, they will still get the flat rate of Php53.50. Sea Oil will also be honoring a money-back guarantee if ever the gas prices go down (which is close to impossible).

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