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...
Presidential aspirant Vice President Leni Robredo appealed anew for the government to suspend excise taxes on fuel products to address ballooning oil prices amid Russia’s invasion of Ukraine. Vice President Leni Robredo (VPLR Media Bureau) The Department of Energy (DOE) advised Filipino motorists...
Ukraine has called on oil companies to stop trading with Russia and its partners in a bid to step up pressure against the invading country amid the ongoing war. Ukraine Foreign Affairs Minister Dmytro Kuleba (Screenshot from MFA of Ukraine / Facebook) "Russian oil smells with Ukrainian blood today....
BETTER DAYS Senator Sonny Angara Over the past month, we have seen a drop in the number of new Covid-19 cases, a decline in the hospitalization of people with severe or critical ailments brought about by the virus, and arguably the early signs of the revitalization of our economy. These...
Filipino consumers will be subjected into deeper financial burden as pump prices will be on colossal hikes this week, hitting record high of close to P5.50 per liter for diesel; and roughly P4.0 per liter for kerosene products, based on the calculation of the oil companies. As the Russia-Ukraine...
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...
As global oil prices skyrocketed to $116 per barrel because of the escalating Ukraine-Russia war, Filipino consumers will need to brace for punishing price hikes of P2.00 to P3.00 per liter at petroleum pumps next week. Despite the astronomical spikes in domestic oil prices though, the Department...
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...
Senatorial candidate Herbert “Bistek” Bautista on Monday said buying back Petron from San Miguel Corp. would help foster competition and provide a vehicle for subsidies which the government needs to ensure to mitigate the impact of an oil price surge as tension between Russia and Ukraine...
Malacañang said that the proposed suspension of the excise tax to address the rising price of oil in the country cannot just be implemented unless recommended by the Department of Finance (DOF) and the Development Budget Coordination Committee (DBCC). (File photo) Cabinet Secretary Karlo Nograles...
