House Ways and Means Committee Chairman Albay 2nd district Rep. Joey Salceda has urged the Land Transportation Franchising and Regulatory Board (LTFRB) to restore all public utility jeepney (PUJ) routes as a countermeasure to the fuel price surge. He also called on the LTFRB to officially announce...
The Senate Committee on Economic Affairs head Senator Imee Marcos on Tuesday, March 8 said cash for welfare aid needs to be increased for local governments soon, as fuel prices continue to spiral upward. Marcos said existing fuel subsidies and calamity funds might not last long, with no end in...
Senate President Vicente Sotto III on Tuesday, March 8 said it is incumbent upon him to convene the Senate if President Duterte calls for a special session in connection with the runaway fuel prices. (Ali Vicoy/ MANILA BULLETIN) ‘’Its part of our work,’’ said Sotto who, along with...
Senatorial candidate Gilbert "Gibo" Teodoro is the latest personality to call for the "unbundling" of domestic fuel prices, which for the entire year have been on an upward trajectory. (Ali Vicoy/ MANILA BULLETIN) Teodoro said that price unbundling is the oil companies' act of itemizing or breaking...
Following the massive spike in oil prices on Tuesday, March 8, Senate bet Harry Roque listed some short term, medium term, and long term measures that the government can follow to help mitigate the price surge's effects on consumers. Senate bet Harry Roque (FILE PHOTO) On March 8 , gasoline prices...
The government’s fuel subsidy program is the best solution to the problem caused by successive fuel price hikes. House Speaker Lord Allan Velasco had this to say Monday, March 7, the same day that the chamber's Fuel Crisis Ad Hoc Committee convened for the first time in order to discuss relief...
Senator Joel Villanueva on Monday, March 7 called on the government to start the "immediate" and "efficient" distribution of fuel subsidies to the transport, agriculture, and fisheries sector amid the continuous fuel price hikes. The fuel price surge is being attributed to the easing of Covid-19...
The looming fuel crisis could have been averted if the Department of Energy (DOE) had the foresight to stabilize oil prices by creating buffer stocks on gasoline and diesel at the onset, presidential aspirant Senator Manny Pacquiao said on Monday. The standard bearer of the Partido ng Demokratikong...
House Fuel Crisis Ad Hoc Committee co-chairperson Albay 2nd district Rep. Joey Salceda said Monday, March 7 that it's President Duterte’s "moral obligation" to give Filipino consumers relief from the unabated fuel price hikes. (Ali Vicoy/ MANILA BULLETIN) As such, the outspoken economist-solon...
The House Fuel Crisis Ad Hoc committee on Monday, March 7, voiced its frustrations over the National Economic and Development Authority's (NEDA) apparent lack of an official stance in response to the fuel price surge. (File photo/ MANILA BULLETIN) The panel discussed during its five-hour meeting...
A House leader couldn't help but notice the Department of Energy's (DOE) "new stance" on the 1998 Oil Deregulation Act, which it called the "root" of the problem of soaring fuel prices during the Fuel Crisis Ad Hoc Committee meeting Monday, March 7. (Screenshot from Zoom meeting) According to PBA...
The Department of Energy (DOE) asked for something unconstitutional during Monday's Fuel Crisis Ad Hoc Committee meeting--the "delegated authority" to suspend excise tax on fuel--and got chewed up by House members as a result. Ad hoc panel co-chairperson, Albay 2nd district Rep. Joey Salceda asked...
