ACT-CIS Party-list Rep. Erwin Tulfo (Screenshot from YouTube live) Simply put, Filipinos were duped by the promise of lowered fuel prices by the Oil Industry Deregulation Act. Thus, said House Deputy Majority Leader and ACT-CIS Party-list Rep. Erwin Tulfo in his...
Were you thrilled by this week's "big time" price rollback on pump fuel products? Bayan Muna Party-list Rep. Carlos Zarate (Facebook) If so, you shouldn't, based on former Bayan Muna Rep. Carlos Zarate's perspective on fuel price movements so far this 2022. "Since January this year diesel prices...
Gabriela, a national alliance of women in the Philippines, reiterated that the scrapping of Oil Deregulation Law, as well as the removal of excise tax on major oil products may help solve the continuously soaring oil prices in the country. (Mark Balmores / Manila Bulletin File Photo) The women’s...
Labor group Kilusang Mayo Uno (KMU) conducted a transport strike in Negros Occidental as part of its protest in junking the Oil Deregulation Law amid the bigtime and continuous oil price hikes in the country. The Oil Deregulation Law removed the government’s control on the pricing, exportation,...
The House Committee on Energy approved a substitute bill “subject to form and style” to amend the 1998 Downstream Oil Industry Deregulation Act or the Oil Deregulation Law. 71888 House Bill (HB) 10505, authored by Pampanga 2nd district Rep. Juan Miguel ”Mikey” Arroyo to amend the Oil...
Following the “biggest oil price hike” in the country since the implementation of 1998 Oil Deregulation Law, the Alliance of Concerned Teachers (ACT) on Tuesday, March 8, reiterated its call for salary increase amid the rising inflation and urged the national government to implement measures...
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...
Gabriela Women’s Party-list Rep. Arlene Brosas slammed the Department of Agriculture’s (DA) slow rollout of the fuel subsidies meant for farmers, and called on the national government to address the rapidly increasing prices of oil. (Photo from Gabriela Women's Party-list Facebook) “Lahat ng...
In the midst of the political campaign, Senate President Vicente C. Sotto III on Wednesday, March 3 said he is agreeable to hold plenary sessions to amend the Oil Deregulation law if President Duterte calls Congress to a special session. Sotto issued this statement on appeals for Malacanang to...
Instead of tying the hands of the next administration with a major policy shift, the government should fast-track the implementation and distribution of the P2.5-billion allocation for financial subsidy and fuel vouchers to qualified utility vehicles rather than tinker with provisions of the Oil...
Senator Sherwin Gatchalian on Thursday said he is open to a review of the Oil Deregulation Law should President Duterte calls Congress to a special session “I'm open to reviewing the Oil Deregulation Law to improve transparency among industry players and assess the benefits to our consumers,”...
House Ways and Means Committee Chairman and Albay 2nd district Rep. Joey Salceda has proposed four amendments to the much-maligned Downstream Oil Industry Deregulation Act of 1998 (Oil Deregulation Law), which he believes will mitigate the rapid increase in fuel prices. Albay 2nd District Rep. Joey...
