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,...
The House leadership wants to institutionalize a national protection system that would ensure Filipinos are not left to bear the full burden of another fuel-driven crisis similar to what is currently happening. For this purpose, House Speaker Faustino "Bojie" Dy III and Majority Leader Sandro...
Senator Christopher “Bong” Go is batting for the temporary suspension in the payment of government contributions to various agencies even as Filipinos struggle to cope with elevated pump fuel prices. Among the agencies covered in Go 's proposal are the Philippine Health Insurance...
The House of Representatives is fast-tracking its legislative response to the problem of elevated fuel costs, with the all-encompassing measure expected to be ready once Congress resumes session on May 4. Such was the commitment of the Legislative Energy Action Development (LEAD) Council, a...
Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos is pressing for action regarding the House of Representatives ' earlier call for banks, remittance centers, and financial technology platforms to temporarily waive or reduce transaction fees to cushion the impact of rising costs....
Simple solutions tend to go a long way. In keeping with this maxim, Quezon City 5th district Rep. PM Vargas has renewed his call for the immediate passage of the Philippine Bicycle Act, as he cited the urgent need for sustainable transport amid elevated prices of fuel. Under House Bill (HB) No....
The 13-committee House Legislative Energy Action Development (LEAD) Council must also provide ample attention to the problem of rising unemployment in the country. Thus, said Cavite 1st district Rep. Jolo Revilla, who cited the latest Philippine Statistics Authority (PSA) data which showed renewed...
Batangas 1st district Rep. Leandro Legarda Leviste is up in arms over the stratospheric price levels of fuel in the Philippines, which he described as among the most expensive in Asia. But at least this problem has a very simple solution, he noted. "Ang Pilipinas ay isa sa may pinakamataas na...
The House of Representatives took the first hearing of 13-committee Legislative Energy Action Development (LEAD) Council very seriously. An unheard of 170 out of the 318 members of the lower chamber was listed as the peak attendance of the energy crisis council hearing around noon Wednesday, April...
