Exodus to the provinces will be agonizing on the pockets of consumers this week, as they will feel the tangible strain of hefty oil price hikes that are due for implementation at the domestic pumps this week. Based on the pricing advisories of the oil companies, the price of gasoline products will...
Senate Minority Leader Aquilino “Koko” Pimentel III said that he is open to proposals of suspending the excise tax on imported oil and bio-ethanol as an immediate measure to bring down the fuel prices in the country. “The suspension of the excise tax could offer a temporary respite and serve...
It will be another financially tormenting drive to the petroleum stations for consumers this week as the price of diesel products will rise by P1.20 per liter; while gasoline prices will increase by P0.50 per liter. The oil companies similarly advised that the price of kerosene products will climb...
Motorists filling up their vehicles with diesel products will have another week of agonizing trip to the petroleum pumps as the price of this commodity will rise by hefty P3.60 to P3.90 per liter. For households and key industries like aviation, the cost burden will also come heavy because the cost...
It will be a distressing drive to petroleum pumps this week as the price of diesel products will rise by P1.40 per liter; while gasoline prices will have relatively marginal increase of P0.35 per liter, as announced by the oil companies. Additionally, the industry players sent notices that the price...
Consumers will have a harrowing drive to petrol stations this week as gasoline prices will rise by P2.60 per liter, while diesel prices will go up by P1.70 per liter, according to the pricing advisories of the oil companies. Kerosene, which is the other commodity included in weekly price...
After a respite, higher oil prices will be back at the pumps by Tuesday, April 11, with gasoline prices rising by P2.40 to P2.80 per liter, and diesel by P1.50 to P1.90 per liter, based on the calculation of the oil companies. For the price of kerosene, another commodity used by households and key...
Government agencies are being urged to find remedies that could help cushion the oil price impact on consumers, especially the public transport sector, as petroleum products are anticipated to go back to their upward price trend. Senate Committee on Energy Vice Chairman Sherwin T. Gatchalian, noted...
A member of the Makabayan bloc in the House of Representatives wants Malacañang to certify as “urgent” the proposed measures that will help curb the impact of spiraling oil prices. (Photo by Mark Balmores/MANILA BULLETIN) House Deputy Minority Leader and ACT Teachers Party-list Rep. France...
Senator Ronald “Bato” dela Rosa on Thursday, July 7 expressed his belief it is high-time that the government should also prioritize coming up with a cash subsidy scheme for low to medium income class workers who are also reeling from the impact of the Covid-19 pandemic, series of oil price...
Senator Grace Poe has refiled her bill seeking to provide for the automatic suspension of excise tax on gasoline and diesel. The suspension will take effect when the average Dubai crude oil price based on the Mean of Platts Singapore (MOPs) exceeds $80 per barrel over a three-month period. Earlier,...
Outgoing Senator Panfilo M. Lacson has sought a conditional suspension of the excise tax on fuel, and the scrapping of several lines of exemption in the Value-Added Tax (VAT). Lacson said this two-pronged formula could give Filipinos some badly needed breathing room from the effects of prohibitive...
