Partido Reporma presidential candidate Senator Panfilo “Ping” Lacson said the government should “take a serious look” at its own resources as an alternative source of fuel as the price of oil continues to shoot up driven by the ongoing Ukraine-Russia conflict. In a press briefing on...
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...
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...
When asked how he would respond to the economic effects of Russia’s invasion of Ukraine, labor leader and presidential candidate Leodegario “Ka Leody” De Guzman proposed the reversal of the long-maligned Oil Deregulation Law. De Guzman also condemned Russia’s ongoing attacks on Ukraine,...
Presidential Adviser for Entrepreneurship Joey Concepcion emphasized the need to further open the Philippine economy to cushion price increases in fuel and basic commodities amid the ongoing conflict between Russia and Ukraine. Presidential Adviser for Entrepreneurship Joey Concepcion (Screenshot...
Amid the runaway increases in pump fuel prices, Gabriela Party-list Rep. Arlene Brosas issued a challenge to the candidates vying for the Palace seat in the upcoming 2022 polls: reverse the Oil Deregulation Law. "Kahit bali-baligtarin ang usapin ng taas-presyo ng langis, Oil Deregulation Law pa rin...
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 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...
Former AGHAM Party-list Rep. Angelo Palmones finds the continued pump fuel price hikes in the early part of 2022 very concerning as it shows the vulnerability of Filipino consumers to the volatile international oil market. (MANILA BULLETIN) “Fuel prices are continuously increasing and consumers...
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...
One of the largest agricultural groups in the country has joined the snowballing campaign to appeal to President Rodrigo Duterte to suspend the excise tax on petroleum products as fuel cost continued to soar, thus seriously affecting all areas in the agriculture sector. Samahang Industriya ng...
