The chairman of the House Committee on Ways and Means has projected what can be described as titanic price hikes on fuel next week. (File photo/ MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda, in Viber message to reporters Friday night, March 4, said he sees diesel prices going up by a...
Senatorial candidate Herbert “Bistek” Bautista on Monday said buying back Petron from San Miguel Corp. would help foster competition and provide a vehicle for subsidies which the government needs to ensure to mitigate the impact of an oil price surge as tension between Russia and Ukraine...
Senator Sherwin Gatchalian on Friday called on the government to formulate measures aimed at cushioning the possible impact of the conflict between Russia and Ukraine on the country’s oil prices. “As oil pundits would say about oil prices - it's 80 percent speculation and 20 percent actual...
Sen. Manny Pacquiao, presidential candidate of PROMDI Party and PDP-Laban (Pimentel Wing), is willing to cancel sorties and other campaign operations to join a special session of Congress for the enactment of a bill that would propose the reduction or suspension of excise taxes on fuel. Sen. Manny...
So what has the Department of Energy (DOE) been doing amid the successive and hefty price hikes on fuel? Camarines Sur 2nd district Rep. LRay Villafuerte (Photo from LRay Villafuerte's Facebook page) For former House Deputy Speaker LRay Villafuerte, the agency simply isn't doing enough to give the...
Senator Imee Marcos on Monday, Feb. 21 urged the government to find a longer-term solution to rising crude oil prices that would render fuel subsidies for public utility vehicle (PUV) drivers, farmers, and fisherfolk inadequate. “World events could push up fuel prices beyond what we have seen in...
Senatorial candidate and former Quezon City mayor Herbert “Bistek” Bautista on Wednesday backed calls proposing that the national government buy back Petron Corporation to help temper fuel price increases in the country. Bautista said he supports the plan to buy back Petron, which was once...
President Duterte’s economic managers approved the grant of fuel subsidies, giving public transportation sector the much-needed relief from skyrocketing pump prices. The inter-agency Development Budget Coordination Committee (DBCC) announced Monday, Oct. 25, that the government will shell-out P1...
An opposition leader in the House of Representatives welcomed on Wednesday, Oct. 20 the recommendation of Energy Secretary Alfonso Cusi to grant his department authority to suspend taxes on fuel to address rampaging increase in prices. Gasoline pump picture Deputy Minority Leader and Bayan Muna...
Senator Sherwin Gatchalian on Thursday, Oct. 14 urged the government to reactivate the government’s fuel subsidy program, Pantawid Pasada Program, to provide relief to the public transport sector that would be affected by the recent oil price increases. Gatchalian said it is important to shield...
Unabated rise in oil prices, including the next round that will take effect this week, has worsened the adverse economic effects of the 2019 novel coronavirus disease (COVID-19) pandemic to Filipino families. Asst. Minority Leader and Gabriela Women’s Partylist Rep. Arlene Brosas warned on...
Trade and Industry Secretary Ramon M. Lopez is not considering any price increase on basic necessities and prime commodities while big retailers also opposed price hikes as the economy is in recession. “We have not considered any price increase,” said Lopez as he clarified that although there...
