Senate President Pro Tempore Panfilo “Ping” Lacson on Tuesday, April 21 expressed support to the Department of Energy’s (DOE) move to mandate fuel price adjustments, calling it a far better move than leaving the price modifications to the oil firms. Lacson pointed this out saying such...
Camarines Sur 5th district Rep. Migz Villafuerte has echoed the call of the House Legislative Energy Action and Development (LEAD) Council to suspend for two months the collection of value-added tax (VAT) on petroleum products. Villafuerte, chairman of the House Committee on Information and...
Who says energy regulators can 't crack down on unjustified fuel price hikes under the deregulated regime? House Minority Leader and 4Ps Party-list Rep. Marcelino “Nonoy” Libanan insisted on Sunday, April 19 that the Department of Energy (DOE) and the Department of Justice (DOJ) retain...
To say that House Deputy Speaker Bacolod City lone district Rep. Albee Benitez is disappointed with the Department of Social Welfare and Development 's (DSWD) "ayuda" (aid) distribution is a huge understatement. Benitez took to his Facebook on Saturday, April 18 to give her firsthand...
The House Legislative Energy Action and Development (LEAD) Council has covered a lot of ground in terms of coming up with a wide range of legislative responses to this era of elevated fuel prices. To their credit, members of the House of Representatives actively participated in the three hearings...
Transport group Manilbela ended its three-day strike with a march to Mendiola, Manila, on Friday, April 17, renewing calls for the suspension of fuel taxes and a rollback in oil prices to ease the burden on drivers and commuters. Hundreds of jeepney drivers and operators gathered at Welcome...
Caloocan City 2nd district Rep. Edgar "Egay" Erice has filed a measure that would limit prices of diesel to a maximum of ₱70 per liter, as part of possible legislative responses to elevated pump fuel prices in the country. Dubbed as the proposed Diesel Cap Act, the measure was patterned after...
After months of relentless fuel price hikes, the recent rollbacks, most notably the more than ₱20-per-liter cut in diesel, offer a much-needed breather for Filipino motorists. The accompanying reductions in gasoline and kerosene prices, along with the government’s move to slash excise taxes on...
Senate President Pro Tempore Panfilo "Ping" Lacson pressed the government on Tuesday, April 14 to explore more "targeted" interventions—including a potential fuel subsidy mechanism—to shield Filipinos from the cooling effects of the Middle East conflict on global oil prices. In an interview,...
The expected lifting or reduction of excise taxes on petroleum products must take effect swiftly, or right after President Marcos greenlights it via an executive order (EO). Marikina City 2nd district Rep. Miro Quimbo, presiding officer of the Legislative Energy Action Development (LEAD) Council,...
House Speaker Faustino "Bojie" Dy III has assured Filipinos that the executive and legislature continue to work together to mitigate the impact of elevated fuel prices resulting from geopolitical events. This, even as the House leader cited the big-time pump fuel price rollback scheduled for...
Why not use annual earnings from the Malampaya Deep Water Gas-to-Power Project to bankroll new critical coastal petroleum storage facilities under the Philippine National Oil Co. (PNOC)? House Minority Leader 4Ps Party-list Rep. Marcelino "Nonoy" Libanan made this suggestion on Sunday, April 12,...
