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...
The Bureau of the Treasury failed anew to secure borrowings from the domestic market for a second consecutive week as banks continued to demand higher interest rates amid Russia’s escalating war in Ukraine. On Monday's auction, March 7, the national government rejected all bids for the...
Senator Nancy Binay today (March 3) urged the Department of Energy (DOE) to focus on immediately shoring up the country’s thinning power reserves rather than busying itself on other concerns. “Rather than looking too far ahead, the energy department should look at the problem that’s staring...
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...
When it comes to the ongoing fuel crisis, the problem isn’t with the country's supply of fuel, but with its price, says Department of Energy (DOE) Undersecretary Gerardo Erguiza. The Fuel Crisis Ad Hoc Committee hearing with Rep. Joey Sarte Salceda (left) and Rep. Sharon Garin (right) (LIVE...
Rock musician Sting recently unearthed his 1985 hit “Russians,” dedicating it to “brave Ukrainians fighting against brutal tyranny” as with “Russians who are protesting this outrage despite the threat of arrest and imprisonment." He added, "We, all of us, love our children. Stop the...
House Deputy Speaker and 1-Pacman Party-list Rep. Mikee Romero is reiterating his call for his colleagues to do away with excise taxes on fuel products even as a House ad hoc panel discusses possible relief mechanisms for consumers amid soaring crude prices. (Unsplash) “Among these measures, the...
Struggling private schools in the country shouldn't be left to "die". Such was the appeal of Quezon City 5th district Rep. Alfred Vargas to the Department of Education (DepEd), which he feels could be more proactive in supporting private schools already in dire straits. (Unsplash) "I personally met...
After roughly two years, the House of Representatives is allowing for the first time the in-person coverage of a committee meeting on Monday morning, March 7. (File photo/ MANILA BULLETIN) This was confirmed in a Viber message to reporters by the House media bureau on late Sunday night, March 6....
The chairman of the House Committee on Ways and Means has projected what can be described as titanic price hikes on fuel next week. (File photo/ MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda, in Viber message to reporters Friday night, March 4, said he sees diesel prices going up by a...
