For the first time in months, I topped up with Shell V-Power. I just couldn’t help but indulge on their top-of-the-line fuel. At P37 or so per liter, it was way cheaper than the price till a few weeks ago of their least-expensive fuel: the alcohol-laced E10. Gas prices have been going down which is definitely good. But the downside is that there’s a pronounced increase in the number of cars on the road along with the consequent traffic jams. Pretty fast response to price changes. Demand for fuel is supposedly inelastic in general. Probably a change in elasticity at certain price breakpoint? Either that or it’s just my imagination :P