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...
Magsasaka party-list Rep. Argel Cabatbat called on the national government to begin the urgent distribution of fuel subsidies for farmers and fishermen amid the rapidly increasing prices of petroleum products. Magsasaka Partylist Rep. Argel Joseph Cabatbat (MANILA BULLETIN FILE PHOTO) He is...
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...
Senator Grace Poe on Wednesday urged gasoline station operators to offer discounts as oil prices continue to increase. “In the absence of oil price control under a deregulated regime, we urge operators of gasoline stations to ensure competitive prices by offering its customers discounts on fuel...
As oil firms implemented on Tuesday, Jan. 18 a big time price hike, the chairman of the House Committee on Public Accounts called on all mayors to show no mercy to gasoline stations that operate with defective fuel pumps to defraud motorists. Rep. Jose 'Bonito' Singson Jr. Probinsyano Ako Partylist...
The Land Transportation Franchising and Regulatory Board (LTFRB) has appealed to oil companies to provide bigger fuel discounts for public utility vehicle (PUV) drivers who are still reeling hard from the effects of the pandemic and the increasing pump prices. (MARK BALMORES / MANILA BULLETIN FILE...
The Department of Transportation (DOTr) would not blink in its recommendation to increase passenger capacity in public transportation, road, and rail in Metro Manila to up to 100 percent amid concerns on the continuous threat of the coronavirus disease (COVID-19). In fact, DOTR Assistant Secretary...
Fishers’ group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) on Tuesday, Oct. 26, urged the government to compel oil companies to disclose their process of domestic oil pricing amid the series as oil price hikes. Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas “In...
The Department of Energy (DOE) is not ruling out the possibility that the oil price in the country is being by controlled by a cartel as the national government does not have a hand on the Philippine oil market.​ "Ang sinasabi ng iba, may kartel. Syempre pag kausap ko naman yung mga industry...
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...
